Check

Company Overview

Snapshot

Founded in January 2007 by Guy Goldstein, Check operated with 51–200 employees. The company raised a total of $49 million across 6 funding rounds from 6 investors before being acquired by Intuit in June 2014.

Business overview

Check developed an award-winning mobile application designed to help users manage their bills and money, aiming to prevent missed payments, overdrafts, and late fees. The platform proactively monitored bank accounts and credit cards, providing reminders for due bills and facilitating payments directly through the app. Check operated within the Fintech & Insurtech sector, specifically focusing on personal finance management and mobile payments for consumers in the United States.

Strategic signal

In November 2014, Intuit's Check ramped up utility partnerships and integrations, indicating a strategic move to expand the acquired company's reach and embed its bill management services more deeply into essential consumer services. This signals Intuit's intent to leverage Check's technology for broader market penetration and enhanced utility offerings post-acquisition.

Company Intelligence Q&A

What was Check's primary business focus?

Check developed a mobile application that helped users manage their bills and money, providing reminders and payment functionalities to avoid late fees and overdrafts.

When was Check acquired and by whom?

Check was acquired by Intuit in June 2014.

What was the total capital raised by Check?

Check raised a total of $49 million across 6 funding rounds.

Which investors participated in Check's May 2011 funding round?

In May 2011, Morgenthaler Ventures led a funding round for Check, with participation from.

What was a key strategic development for Intuit's Check in November 2014?

In November 2014, Intuit's Check focused on expanding utility partnerships and integrations to enhance its service offerings and market reach.