Truebill

Truebill is a fintech startup that develops a mobile app that helps consumers take control of their financial lives. It is the first platform that allows users to find, track and manage their subscription services and recurring bills.

Truebill leverages AI to analyze users’ spending habits, identify inefficiencies, and take action to ultimately improve their financial health.

Truebill was founded in 2015 by Haroon Mokhtarzada, Yahya Mokhtarzada, and Idris Mokhtarzada. The company is headquartered in San Francisco, California and Silver Springs, Maryland.

 

Truebill’s primary service allows users to securely connect and scan their bank transactions to identify paid subscriptions like Netflix, AT&T and gym memberships, and request Truebill to cancel unwanted services on their behalf.

 

Truebill enables people to optimize their spending, manage subscriptions, lower their bills, and automatically set aside money to reach their savings goals.

 

Truebill currently has over 600,000 active users. It is now analyzing more than 200 million monthly transactions for more than $40 billion in monthly transaction volume.

 

Truebill is backed by Bessemer Venture Partners, Accel, Y Combinator, Eldridge Industries, Evolution VC, Cota Capital, Lucas Venture Group, Firebolt Ventures, and others. The company raised $45M in Series D round on June 01, 2021. This brings Truebill's total funding to $83.9M to date.

 

 

  • Year founded: 2015
  • Funding Info: $83.9M over 55 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: NA
  • City/Town: San Francisco
  • State: California
  • Country: United States
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