Truebill
Company

Last deal

$45.M

Amount

Series D

Stage

01.06.2021

Date

6

all rounds

$83.9M

Total amount

General

About Company
Truebill is a personal finance app that uses AI to help users manage their finances and improve their financial health.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Bill Ninja

founded date

01.01.2015

Number of employees

Company Type

For Profit

Last funding type

Series D

IPO status

Private

Description

Truebill is a San Francisco-based company that offers a finance management application designed to optimize spending, manage subscriptions, and save money. Users can connect their bank account or credit card statement to the platform to see everything they're paying for on a recurring basis and cancel any unwanted subscriptions with just a few clicks. Truebill uses bank-level security with encryption and read-only access and leverages artificial intelligence to analyze spending habits and identify inefficiencies to take action. The company has saved its members $245 million and counting and was acquired by Rocket Companies for $1.275 billion in late 2021. Truebill has since been rebranded as Rocket Money and offers a suite of valuable services, including managing subscriptions, lowering bills, building budgets, and automatically setting aside money to reach savings goals.
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