Company Overview Visit intuit.com website
Intuit, Inc. is a business and financial software company that provides tax preparation and management services for small businesses and consumers. The company also generates financial applications such as Quicken & QuickBooks , which enable users to manage their finances. Founded in 1983 by Scott Cook and Tom Proulx, Intuit currently has 5,700 employees worldwide . The company's products and services are used in over 100 countries with headquarters in Mountain View, California .
In the beginning of 1983, Intuit began as a group of five finance professors from San Diego State University who wanted to create a program that would allow them to keep track of their personal finances more easily. With this idea at the core of its foundation, Intuit has developed into a global company that offers services for small businesses and individual consumers.
Intuit serves more than 35 million customers and has been listed on the Forbes 100 Best Medium Workplaces for 8 years running. The success of the company also helped Proulx to receive the 2014 Ernst & Young Entrepreneur of the Year Award in Financial Services .
Intuit's major competitor is Mint, which was originally created by a group of engineers at Intuit who were working on other projects within the company at the time. Although both companies offer similar products and compete heavily in their market, Mint currently holds about 40% of the online personal finance market share compared with Intuit's 30%.