Business Interactions Platform Tradeshift Receives Strategic Investment From Intuit, Access To 5M QuickBooks Customers

In a bid to reach scale and with it reap the benefits that network effects bring, Tradeshift, the free e-invoicing and business interactions platform, has partnered with Intuit, along with taking a strategic investment from the legacy accounting software maker. The amount isn't being disclosed -- said only to be 'multi-million' and at an increased valuation than Tradeshift's most recent funding round -- though an earlier draft press release that has since been retracted pegged Intuit's investment at $10 million.

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