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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.
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.
Truebill app - Online subscriptions management platform for users. It helps users to find and cancel unwanted, forgotten subscriptions automatically.
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.
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.
Less than $1M
SERIES A · $5 M · Oct 2018
SERIES B · $15 M · Oct 2019
SERIES C · $17 M · Nov 2020
As per the source, total fund raised by company is $7.75 M but the overall total is $ 6.75 M(Oct. 2018)
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