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Truebill - About the company

Truebill is an acquired company based in San Francisco (United States), founded in 2015 by Yahya Mokhtarzada, Idris Mokhtarzada and Haroon Mokhtarzada. It operates as an App-based platform for users to find, track and manage subscription services. Truebill has raised $85M in funding from investors like Accel, Bessemer Venture Partners and Day One Ventures, with last known valuation of $*****. The company has 20 active competitors, including 6 funded and 4 that have exited. Its top competitors include companies like Trim, Ternary and Hiatus.

Company Details

Truebill is an app-based platform for users to find, track and manage subscription services. Once the user sets up accounts, it monitors online statements and sends monthly digests via email to give insights. It alerts users on important events and sends monthly reports highlighting unwanted charges.
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Key Metrics
Founded Year
2015
Location
San Francisco, United States
Stage
Acquired
Total Funding
$85M in 7 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jun 01, 2021
Investors
Ranked
Employee Count
172 as on Jul 01, 2024
Similar Companies
Exit Details
Acquired by RocketCompanies (Dec 20, 2021)

Truebill's acquisition details

Truebill got acquired by RocketCompanies on Dec 20, 2021 at an acquisition amount of $1.28B.
Click here to take a look at Truebill's acquisition in detail
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Truebill's funding and investors

Truebill has raised a total funding of $85M over 7 rounds. Its first funding round was on Mar 2016. Its latest funding round was a Series D round on Jun 01, 2021 for $*****. 4 investors participated in its latest round. Truebill has 25 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Truebill:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 01, 2021
7192617
Series D
7454177
2926990
3881633
6376417
Nov 12, 2020
4977716
Series C
7561025
2227749
3059733
Oct 23, 2019
5150457
Series B
9298406
6634740
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Truebill's founders and board of directors

Founder? Claim Profile
The founders of Truebill are Yahya Mokhtarzada, Idris Mokhtarzada and Haroon Mokhtarzada. Haroon Mokhtarzada and Yahya Mokhtarzada are the CEOs of Truebill.
Here are the details of Truebill's key team members:

Truebill's employee count trend

Truebill has 172 employees as of Jul 24. Here is Truebill's employee count trend over the years:
Employee count trend for Truebill
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Truebill's Competitors and alternates

Top competitors of Truebill include Trim, Ternary and Hiatus. Here is the list of Top 10 competitors of Truebill, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Truebill
Truebill
2015, San Francisco (United States), Acquired
App-based platform for users to find, track and manage subscription services
$85M
53/100
2nd
Logo for Trim
Trim
2015, San Francisco (United States), Acquired
Savings and expense management platform
$2.2M
49/100
3rd
Logo for Ternary
Ternary
2020, Claymont (United States), Series A
Provider of cost management services
$20.3M
48/100
4th
Logo for Hiatus
Hiatus
2015, New York City (United States), Seed
Financial tool to manage bills, track spending, and save money
$1.2M
-
47/100
5th
Logo for Finovera
Finovera
2011, Milpitas (United States), Acquired
Provider of electronic billing and payment solutions
$6.11M
-
46/100
6th
Logo for Grid
Grid
2019, San Francisco (United States), Funding Raised
Bills savings and tax refunds management platform
-
44/100
7th
Logo for WalletFi
WalletFi
2016, Chapel Hill (United States), Acquired
Online platform to manage recurring billing
$340K
39/100
8th
Logo for BillTrim
BillTrim
2016, Houston (United States), Seed
Bill negotiation service that lowers, monitors, and autopays your bills
$150K
37/100
9th
Logo for Blip Labs
Blip Labs
2015, New York City (United States), Seed
API-enabled bill payment solution for consumers
$2.1M
37/100
10th
Logo for CoPatient
CoPatient
2012, Boston (United States), Series A
Provides health care expense management including medical bill review and negotiation services
$5M
33/100
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Truebill's Investments and acquisitions

Truebill has made no investments or acquisitions yet.

Reports related to Truebill

Here is the latest report on Truebill's sector:

News related to Truebill

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