# BillTrim

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/billtrim

- Industry: Financial Services
- Headquarters: California City, US
- Website: www.billtrim.com/
- Latest round: Seed (Jun 1, 2018)
- Investors on record: 1

## About

Based in California, US, BillTrim specializes in bill negotiation services that help consumers reduce their monthly expenses by securing lower rates on utility and subscription accounts.BillTrim, LLC provides a service that negotiates bills on behalf of consumers, aiming to decrease their monthly financial burdens. Founded in 2018 by Dipesh Desai, the company is headquartered in California City, US. BillTrim raised seed funding from Newfund Management in June 2018. As of now, the company has completed one investment deal.BillTrim offers a comprehensive bill negotiation service that enables customers to link their existing utility and subscription accounts for more favorable rates. The service primarily targets individuals and families in the United States, easing financial strain by securing lower bills for services such as cable and cell phone providers.BillTrim operates on a performance-based revenue model, charging customers a fee based on the savings achieved through its negotiation services. When the company successfully lowers a bill, it retains a pre-agreed percentage of the savings as compensation. Additionally, BillTrim may provide a subscription model for clients to manage their bills more efficiently through its platform, ensuring transparency in the transaction process.BillTrim plans to leverage the recent Seed funding acquired in June 2018 to enhance its service offerings and potentially introduce new products aimed at further assisting consumers in managing their expenses. The company is considering expanding its operations beyond its current market in the United States, with specific geographic regions targeted for growth in the next two years. These initiatives will be supported by the investments raised, emphasizing the company's commitment to optimizing customer experiences.

## Funding rounds

- Seed, Jun 1, 2018 — Newfund

## Investors

- Newfund (https://capitalatlas.ai/funds/newfund) — Seed