Intuit Launches New Accelerator For AI-focused Startups To Help Communities Overcome Financial Challenges In North America
The second annual program invites global tech startups with AI-driven solutions to apply to the latest edition of the Intuit Prosperity Accelerator: AI, powered by Highline Beta.
Intuit Inc. a leading global financial platform company known for products such as TurboTax, QuickBooks, Credit Karma and Mint, and Highline Beta, a venture studio and venture capital firm, today announced the launch of the Intuit Prosperity Accelerator: AI. The new five-month program aims to leverage the power of artificial intelligence (AI) to advance the financial prosperity of consumers and businesses in North America.
The application of AI is revolutionizing how consumers and small businesses are benefiting from the company’s products and services by delivering innovative, personalized offerings and experiences at scale. Intuit has been investing in AI on its platform for more than 15 years. The accelerator program is designed to leverage Intuit expertise to help startup participants unlock new strategies with AI to benefit their end users.
The program builds on the strength of the inaugural 2020 Intuit Prosperity Accelerator, which supported startups positioned to address the financial challenges Canadian consumers and small businesses face in the wake of COVID-19. The first cohort included eight startups and culminated with a Demo Day event in partnership with TechTO.
“As we begin to emerge from an undoubtedly difficult year, the newly enterprising North American innovators will be the key to our economic recovery,” said David Marquis, Vice President and Canada Country Manager at Intuit. “Given the success of the Intuit Prosperity Accelerator throughout the pandemic, we’re excited about the opportunity to connect with a new network of AI technology innovators and equip them with additional solutions to build a brighter future.”
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“We are very excited about presenting this unique opportunity to startups across the globe, eyeing the North American market,” said Hussam Ayyad, Chief Accelerator Officer at Highline Beta. “Partnering with Intuit provides early-stage startups with the ability to tap into the network of a world-leading tech company with approximately 100 million customers globally. This offers collaborators unmatched market intelligence as well as the remarkable expertise of Intuit’s committed team.”