In partnership with Highline Beta, Intuit Reveals Fintech Startup Cohort for the Intuit Prosperity Accelerator
About the Program
Over the past two years of the Intuit Prosperity Accelerator program, Intuit and Highline Beta have worked with 15 early stage startups across North America to support an open innovation ecosystem that accelerates wins for both startups and Intuit’s customers. Building on the success of the Intuit Prosperity Accelerator : AI and the inaugural program in 2020, the third iteration continues fostering startup-corporate collaboration while improving the financial prosperity of Canadian consumers, self-employed and small businesses.
The Intuit Prosperity Accelerator : Toronto is an equity-free, challenge-based program that involves pairing each startup with an innovation expert at Intuit who will coach them on the company’s approach to customer-driven innovation, known as Design for Delight. This process has propelled Intuit throughout its 40-year history, and involves extensive customer research and experimentation to identify opportunities for innovation and growth. Throughout the program, startups will be leveraging Intuit’s methodology to drive in market experiments, gain valuable customer insights, and ultimately support the prosperity for consumers and small businesses alike.
Furthermore, the combined network of Intuit and Highline Beta provides access to invaluable business and technology expertise while providing the cohort with increased visibility in the investment community at a critical time for the industry.
“Startups that graduate from accelerator programs have a 23% higher survival rate than their counterparts,” said David Marquis, Vice President and Canada Country Manager at Intuit. “We’re excited to connect and create with this promising group of innovators at our new Toronto site, and help these entrepreneurs to realize their startup’s growth potential.”
Meet the Cohort
Supporting small businesses & the self-employed:
- Carbonhound is an all-in-one platform that helps small businesses simplify carbon management by consolidating measurement, reduction, offset, and marketing services in one place.
- NetNow is a buy-now-pay-later and checkout platform for B2B transactions, focusing on companies in the construction industry.
- Requity Homes is a real estate platform that’s modernizing the path to homeownership through a rent-to-own program.
- Spruce is an AI-powered loan origination and decisioning software that can collect, analyze, underwrite, and monitor small business data.
- Chexy is a payments platform that allows tenants to earn rewards and build credit on rent, leading to potential homeownership.
- goPeer is a peer-to-peer lending platform that provides low-interest loans to borrowers, while generating interest for investors from excess capital.
- LenderBidding is a licensed platform that offers salaried agents for consumers who seek to borrow from a private lender.
- Parachute offers loans and supports consumers to improve their financial wellness through debt management, financial literacy education, savings strategies, and more.
“We’re thrilled to be teaming up with Intuit again to tap into Toronto’s burgeoning technology ecosystem and work with some of the city’s most innovative early-stage entrepreneurs,” said Hussam Ayyad, Chief Accelerator Officer at Highline Beta. “Besides their focus on helping Canadians combat some of today’s pressing economic challenges, the startups themselves are facing a harsh macroeconomic outlook and need our help now more than ever.”
We look forward to continuing to work with and support Intuit’s open innovation efforts, as they drive impact to improve financial prosperity for consumers and small businesses. To learn more about our innovation services, please connect directly with Paige Halam-Andres, Managing Director, Innovation.