1/14/2024 0 Comments Touchdown ventures focus![]() ![]() By investing in and supporting startups, Intuit aims to create an ecosystem of innovation to better serve our customers and push fintech forward. We know that in order to achieve our ambitious goals we’ll need to work with cutting-edge startups of all sizes to learn about the evolving landscape of technology, consumer behavior, and small business needs. We believe that we’ll have more success in solving our customers’ problems by accelerating innovation outside our walls. Intuit’s mission is to power prosperity around the world in support of small businesses and consumers, and this mission is at the core of what drives us as investors. Selina and Tanvi bring a wealth of experience and a large network for helping Intuit Ventures and our portfolio companies grow and achieve our goals. ![]() I am thrilled to welcome both of these investors to our team and Intuit. Tanvi Lal, a former consultant with Deloitte who worked with Cowboy Ventures and Concrete Rose Ventures during her MBA and co-founded VC Unleashed.Selina Troesch who recently joined from Touchdown Ventures where she was the first employee and helped to launch corporate ventures programs for companies like Scotts Miracle-Gro, Edelman, and 20 th Century Fox.We also brought on two new team members to help us accelerate investments and work closely with our growing portfolio: The Intuit Ventures team is now ramping up our investing program with two new investments that we are announcing today. These experiences have taught me a lot of lessons about how to build a venture capital program within a large company, and how to help startups navigate the complexities of corporate partnerships. I bring a unique perspective to the table, having been a founder and then at Microsoft for 8 years where I played a key role in growing Microsoft’s VC arm to a portfolio of over 130 companies. I’m excited to have recently joined Intuit to help build an enduring corporate venture capital fund that supports startups across the world. Our desire to help entrepreneurs and small businesses succeed continues to drive us, and we’re excited to further this legacy through our work at Intuit Ventures where we collaborate with startups to achieve their goals and make a meaningful impact on people’s lives. From that moment on we’ve been relentlessly focused on finding better ways to solve our customers’ most pressing problems through technology. Our journey began 40 years ago when our founder, Scott Cook, watched his wife struggle to balance the family checkbook at their kitchen table. Peter lives in Miami with his wife and two daughters and is based out of Touchdown’s Philadelphia office.Intuit knows what it means to start small with large ambitions. ![]() He has lived in the US, Europe, and Latin America, and speaks English, German, and Portuguese fluently. Peter holds a PhD in economics from the Ludwig-Maximilians-Universität and a degree in business administration from the University of Cologne. His expertise lies in helping companies successfully implement innovation by setting up their CVC funds, driving startup M&A, and forging strategic partnerships. Having served in senior roles at BCG, EY and IBM, Peter is well versed in working with leading companies to shape their company’s strategies, drive innovation, and transform their businesses. Peter Ulrich joined Touchdown in 2023 as a Venture Partner. Peter brings a wealth of experience in strategy consulting, digital technologies, sustainability, M&A, and venture capital.
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