Truebill

wealthtech-retailpersonal finance management

FOUNDING YEAR: 2016
LOCATION: United States
Last Update: 19/01/2021

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About

Truebill develops a mobile app that helps consumers take control of their financial lives. Truebill leverages AI to analyze users spending habits, identify inefficiencies, and take action to ultimately improve their financial health. The app allows people to optimize their spending, manage subscriptions, lower their bills, even set aside money to reach their savings goals.We're founded by successful veteran entrepreneurs and are backed by YCombinator, Social Capital, and other great investors.

MEDICI Analysis

Truebill is a platform that allows users to find, track and manage their subscription services and recurring bills. Truebill monitors online statements and sends monthly digests via email to give insights.TrueBill’s goal is to be a one-stop platform for people manage all of their subscriptions.

Focus

PRODUCTS & SERVICES

Truebill app - Online subscriptions management platform for users. It helps users to find and cancel unwanted, forgotten subscriptions automatically.

REVENUE MODEL

The company offers basic services as a free to users. It also plans on making money by also offering a discovery and management service to help people sign up for other subscription services.

MAIN CLIENTS

Retail Customers

COMMENT

Truebill makes it easier to cancel subscriptions like gym memberships by doing automate process. Gyms require sending letters, which TrueBill can do automatically. Truebill has seen approximately 12,000 people use its service, and 60% of them have cancelled at least one subscription. The average user that does so saves an average of $512 a year.

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

494,227

AVERAGE VISITS (6 MONTHS)

461,536.08

MONTHLY VISITS GROWTH

-3.6%

VISIT DURATION

103

VISIT DURATION GROWTH

14.11%

PAGE VIEWS VISIT

2.04

PAGE VIEWS VISIT GROWTH

-3.43%

BOUNCE RATE

69.97%

BOUNCE RATE GROWTH

3.67%

GLOBAL TRAFFIC RANK

98,010

MONTHLY RANK CHANGE

-10,373

MONTHLY RANK GROWTH

-9.57%

Innovation Programs

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