Intuit

US-Based Ibex Investors Closes $106 Million Venture Fund to Invest in Early-Stage Israeli Startups

Retrieved on: 
Wednesday, February 21, 2024

Ibex Investors LLC (“Ibex”), a US-based multi-stage and multi-strategy investment firm, announced today the close of its fourth Israel focused fund, Ibex Israel VC II LP (“the Fund”), with $106 million in capital commitments to invest in early-stage Israeli startups.

Key Points: 
  • Ibex Investors LLC (“Ibex”), a US-based multi-stage and multi-strategy investment firm, announced today the close of its fourth Israel focused fund, Ibex Israel VC II LP (“the Fund”), with $106 million in capital commitments to invest in early-stage Israeli startups.
  • The Fund follows Ibex’s $100 million Israel early-stage fund raised in 2020 and the roster of limited partners includes founders and current and former executives across a wide range of sectors.
  • View the full release here: https://www.businesswire.com/news/home/20240220016374/en/
    Ibex Investors Israel team (Credit: Roei Shor)
    Ibex Investors is a US-based investment firm that invests in Israeli startups from pre-seed to pre-IPO and typically leads or co-leads rounds across various verticals.
  • Since launching its first Israel fund in 2012, Ibex has made 40 early and growth stage investments in Israel.

Commerce Ventures Announces Oversubscribed Fund V to Continue Investing In the Future of Retail and Financial Services

Retrieved on: 
Monday, March 4, 2024

SAN FRANCISCO, March 4, 2024 /PRNewswire-PRWeb/ -- Commerce Ventures, the leading venture firm focused on innovations across retail and financial services, announced today it has closed an oversubscribed fifth fund exceeding $150 million in committed capital.

Key Points: 
  • Commerce Ventures, investors in Bill.com, Marqeta and Socure, announces an oversubscribed fifth fund to continue powering the future of commerce.
  • SAN FRANCISCO, March 4, 2024 /PRNewswire-PRWeb/ -- Commerce Ventures , the leading venture firm focused on innovations across retail and financial services, announced today it has closed an oversubscribed fifth fund exceeding $150 million in committed capital.
  • "We're excited to continue our partnership with Commerce Ventures," said Anton Hanebrink, Chief Corporate Strategy & Development Officer at Intuit.
  • With this new fund, Commerce Ventures is excited to back the next generation of founders building platforms for retail and financial services.

Crowe and Intuit QuickBooks collaborate on new program to enable minority-owned small business growth

Retrieved on: 
Monday, February 26, 2024

CHICAGO, Feb. 26, 2024 /PRNewswire/ -- In conjunction with Black History Month, Crowe LLP, a leading public accounting, consulting, and technology firm, and Intuit Inc. (Nasdaq: INTU), the global technology platform that makes Intuit QuickBooks, TurboTax, Credit Karma, and Mailchimp, announced their collaboration on a new Crowe Beacon small business advancement initiative, which will source funding commitments from several key financial institutions and sponsors. The pilot initiative is focused on helping Black, Indigenous, People of Color (BIPOC), women, and veteran-owned small businesses grow, enhance financial maturity, and become more capital-ready. It will give an initial 1,000 qualifying U.S. small businesses access to the QuickBooks financial technology platform along with much needed accounting and consulting services from Crowe that will better position them to manage and capitalize their businesses to drive sustainable growth.

Key Points: 
  • Nearly 20% of small businesses are minority-owned, according to the latest U.S. Census Bureau's Annual Business Survey , and for Black small business owners, 30% have relied on credit cards to fund investments in their business's future growth, according to the 2024 Intuit QuickBooks Black History Month Survey .
  • QuickBooks will also provide onboarding, training, and technical support to help small business owners realize the benefits of using the integrated QuickBooks platform.
  • "Our mission at Intuit is to power prosperity," said Barry Pennett, Chief Sales Officer, Intuit QuickBooks.
  • We're excited to work with Intuit QuickBooks to support the underserved and underrepresented small businesses that need it most," said Khary Bridgewater , Crowe consulting principal and leader of Crowe Beacon.

Target Hospitality Announces Appointment of John C. Dorman to Board of Directors

Retrieved on: 
Tuesday, February 20, 2024

THE WOODLANDS, Texas, Feb. 20, 2024 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality," "Target" or the "Company") (Nasdaq: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services today announced the appointment of Mr. John C. Dorman to its board of directors, effective February 16, 2024.

Key Points: 
  • THE WOODLANDS, Texas, Feb. 20, 2024 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality," "Target" or the "Company") (Nasdaq: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services today announced the appointment of Mr. John C. Dorman to its board of directors, effective February 16, 2024.
  • Mr. Dorman will serve as an independent director as well as a member of the Nominating and Corporate Governance and Audit Committees.
  • "We are pleased to welcome John as a new independent director to the Target Hospitality board.
  • in Business Administration and Philosophy from Occidental College and an M.B.A. in Finance from the University of Southern California.

Coupa Delivers over $1 Billion in Billings; Unlocks $175 Billion in Bottom-Line Impact for Global Customers

Retrieved on: 
Thursday, February 15, 2024

SAN MATEO, Calif., Feb. 15, 2024 /PRNewswire/ -- Coupa, the leading AI-driven platform that helps you operate smarter and grow faster, today announced it delivered over $1 billion in billings for the fiscal year ended January 31, 2024. The Coupa platform manages more than $5 trillion in overall business spend. The company has helped global businesses achieve more than $175 billion in savings and working capital improvements over the past decade.

Key Points: 
  • The company has helped global businesses achieve more than $175 billion in savings and working capital improvements over the past decade.
  • "In 2023 alone, we helped our customer community unlock more than $30 billion in bottom-line savings.
  • And it wouldn't be possible without the greatest competitive edge that's driving this company forward – our agile, passionate, and committed global team," Turner said.
  • New customers include: Albemarle Corporation, Allwyn, Great Dane, Idahoan Foods, Mobico Group, Patterson-UTI, Penguin Random House, and The Scion Group.

Security and Law Enforcement Leader Alana Forrest Embarks on New Chapter with Sentinel Resource Group

Retrieved on: 
Tuesday, February 6, 2024

LOS ANGELES, Feb. 6, 2024 /PRNewswire/ -- Sentinel Resource Group (SRG), a premier advisory firm at the vanguard of security risk assessments, intelligence, and investigations, proudly announces the appointment of Alana Forrest as an Affiliated Consultant.

Key Points: 
  • LOS ANGELES, Feb. 6, 2024 /PRNewswire/ -- Sentinel Resource Group (SRG), a premier advisory firm at the vanguard of security risk assessments, intelligence, and investigations, proudly announces the appointment of Alana Forrest as an Affiliated Consultant.
  • Renowned for her trailblazing leadership in corporate security and law enforcement, Forrest's engagement marks a strategic enhancement to SRG's already distinguished executive team.
  • Forrest's illustrious career encompasses pivotal roles such as the Global Safety and Security Head at Intuit and security leadership positions at Oracle and Pixar Animation Studios.
  • David Tindall, COO of SRG, comments, "Alana's engagement with SRG reinforces our commitment to delivering unparalleled security and risk insights.

Secure Solar Futures Opens West Virginia Office in Huntington

Retrieved on: 
Monday, February 5, 2024

Staunton, VA, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Secure Solar Futures, a provider of on-site clean energy to schools, hospitals, and businesses, has opened an office in Huntington, West Virginia.

Key Points: 
  • Staunton, VA, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Secure Solar Futures, a provider of on-site clean energy to schools, hospitals, and businesses, has opened an office in Huntington, West Virginia.
  • Anderson will oversee outreach to K-12 schools and community colleges that are eligible for solar incentive grants from the Coalfield Solar Fund.
  • A partnership of Secure Solar Futures, global financial technology company Intuit, and the National Energy Education Development Project, the Coalfield Solar Fund offers incentive grants to encourage Virginia and West Virginia K-12 public schools and community colleges to go solar at no upfront cost.
  • In 2021, West Virginia became the 29th state to allow solar PPAs, a type of financing that allows customers to install a solar power system on site without any upfront capital cost by contracting with a solar provider to operate solar equipment on the customer’s behalf.

Operation HOPE Continues Streak of Impressive Growth With Release of 2023 Impacts

Retrieved on: 
Monday, February 5, 2024

Operation HOPE, a national nonprofit dedicated to helping low-and moderate-income Americans thrive in an ever-changing economy, announced its top-line results for 2023.

Key Points: 
  • Operation HOPE, a national nonprofit dedicated to helping low-and moderate-income Americans thrive in an ever-changing economy, announced its top-line results for 2023.
  • Operation HOPE continued its impressive streak of growth by expanding its national footprint of HOPE Inside locations, growing its portfolio of top-tier partner organizations, and serving a record number of clients.
  • Operation HOPE uses its HOPE Inside locations to deliver no-charge financial coaching to individuals in the community or at work.
  • Increased donations from private foundations, high net wealth donors, and individuals by 75%, closing 2023 at $2.21 million.

Join Tyler Perry and Soledad O’Brien for a Black History Month Conversation on “Creation, Credit & Change” in the Black Community

Retrieved on: 
Thursday, February 1, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240201967299/en/
    WHAT: In a fireside chat hosted by Intuit QuickBooks and Mailchimp, leaders in providing technology solutions for small businesses, Soledad O’Brien will moderate a conversation with Tyler Perry around “Creation, Credit & Change” in the Black community.
  • While Black creatives and entrepreneurs such as Perry have long been trailblazers in their respective industries, too often they are undervalued for their work.
  • Additionally, only 41% of survey respondents felt that Black creatives and innovators have been significantly acknowledged for their cultural contributions.
  • WHO: The live fireside chat will feature:
    WHERE: The fireside chat will broadcast live from Intuit’s new Atlanta office, home of Mailchimp.

Join Tyler Perry and Soledad O’Brien for a Black History Month Conversation on “Creation, Credit & Change” in the Black Community

Retrieved on: 
Thursday, February 1, 2024

While Black creatives and entrepreneurs such as Perry have long been trailblazers in their respective industries, too often they are undervalued for their work.

Key Points: 
  • While Black creatives and entrepreneurs such as Perry have long been trailblazers in their respective industries, too often they are undervalued for their work.
  • Additionally, only 1 in 2 (55%) Canadian survey respondents felt that Black creatives and innovators have been significantly acknowledged for their cultural contributions.
  • WHO: The live fireside chat will feature:
    WHERE: The fireside chat will broadcast live from Intuit’s new Atlanta office, home of Mailchimp.
  • QuickBooks and Mailchimp are committed to supporting and powering prosperity for the Black community.