Intuit to acquire AI‑native revenue‑management platform Sequence for about $200 million
Intuit announced on Oct. 15, 2026 that it has signed an agreement to buy Sequence, a London‑based AI startup that automates quote‑to‑revenue workflows for mid‑market software and professional‑services firms. The deal, valued at roughly $200 million, will add complex pricing, billing and collection capabilities to Intuit’s Enterprise Suite and QuickBooks Online Advanced. Sequence’s leadership, including co‑founder and CEO Riya Grover, will join Intuit’s mid‑market product organization.
Why it matters
The acquisition is expected to broaden Intuit’s AI‑driven ERP offering and support its FY 2027 revenue guidance of 9%‑10% growth, according to the company’s own outlook. The announcement sent Intuit shares up 5.33% to $326.99 and as much as 6.5% intraday.
Key facts
- 1Intuit announced the acquisition of Sequence on Oct. 15, 2026. tradingview.com
- 2Sequence is an AI‑native revenue‑management platform that automates quote‑to‑revenue processes. pulse2.com
- 3The transaction value is reported at approximately $200 million. thetimes.com
- 4Intuit expects fiscal 2027 revenue growth of 9%‑10%. quiverquant.com
- 5Intuit shares rose 5.33% to $326.99 following the announcement. rttnews.com
- 6Intuit shares rose up to 6.5% intraday after the news. quiverquant.com
Summary written by AlphAI AI Desk from 15 of 15 sources. Not investment advice. Figures are as stated by the linked sources.