# Truebill

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

- Industry: Financial Services
- Headquarters: Silver Spring, US
- Website: www.truebill.com
- Total disclosed funding: $86M
- Latest round: Series D (May 7, 2021)
- Investors on record: 13

## About

Based in California, US, and founded in 2015, Truebil, Inc., formerly known as Bill Ninja Inc., operates as a developer of a mobile-based application for tracking subscription services and recurring bills. The company’s CEO and co-founder, Haroon Mokhtarzada, was the CEO and Chief Product Officer of Webs.com, a website creation platform. As of 2020, the personal finance app offered by the company has 1 million users.

The company offers a mobile application that provides users an online service to find, track, and cancel all paid subscriptions and recurring bills. The company's application uses artificial intelligence to analyze users’ spending habits, identify inefficiencies, and take action to enhance their financial health. The platform also provides Lower my Bills service where a user connects their bills and the Truebil team will negotiate a rate that the user can still save.

The company plans to develop its platform into a super app that will offer net-worth tracking, shared accounts, expanded smart savings and emergency funds, and an expanded credit report section. The company also plans to hire more employees in its Maryland, San Francisco, and New York offices.

## Funding rounds

- Series D, May 7, 2021, $45M — Accel, Bessemer Venture Partners, Cota Capital, Eldridge Industries
- Series C, Oct 23, 2020, $17M — Bessemer Venture Partners, Firebolt Ventures, Cota Capital, Eldridge Industries, Day One Ventures
- Series B, Aug 19, 2019, $15M — Lucas Venture Group, Cota Capital, Eldridge Industries, Evolution VC Partners
- Series A, Aug 13, 2018, $7.6M — Social Capital, Cota Capital, Day One Ventures
- Seed, Jun 23, 2016, $1.4M — Transmedia Capital, Y Combinator, Social Capital, ACME Capital, Signatures Capital Partners

## Investors

- Transmedia Capital (https://capitalatlas.ai/funds/transmedia-capital) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Social Capital (https://capitalatlas.ai/funds/social-capital) — Seed, Series A
- ACME Capital (https://capitalatlas.ai/funds/acme-capital) — Seed
- Signatures Capital Partners — Seed
- Cota Capital (https://capitalatlas.ai/funds/cota-capital) — Series A, Series B, Series C, Series D
- Day One Ventures (https://capitalatlas.ai/funds/day-one-ventures) — Series A, Series C
- Lucas Venture Group (https://capitalatlas.ai/funds/lucas-venture-group) — Series B
- Eldridge Industries (https://capitalatlas.ai/funds/eldridge-industries) — Series B, Series C, Series D
- Evolution VC Partners (https://capitalatlas.ai/funds/evolution-vc-partners) — Series B
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series C, Series D
- Firebolt Ventures (https://capitalatlas.ai/funds/firebolt-ventures) — Series C
- Accel (https://capitalatlas.ai/funds/accel) — Series D