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, preventing missed payments and overdraft fees. The platform proactively monitored bank accounts and credit cards, providing reminders for due bills and enabling in-app payments. Serving individual consumers, Check operated within the Fintech & Insurtech sector, specifically focusing on personal finance management and mobile payments in the United States.

Strategic signal

In November 2014, following its acquisition by Intuit, Check ramped up its utility partnerships and integrations. This move signaled Intuit's strategy to deepen its presence in personal finance and mobile bill payment, leveraging Check's technology and user base to expand its ecosystem and offer more comprehensive financial management solutions.

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.