Truebill

wealthtech-retailpersonal finance management

FOUNDING YEAR: 2016
LOCATION:
Last Update: 05/07/2020

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About

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.

Momentum

FUNDED

YES

TOTAL FUNDING

$6.55 M

DATE OF LAST FUNDING

Oct 2019

SEED & PRIOR FUNDING

$1.55 M

FUNDING SERIES

SERIES A  · $5 M  · Oct 2018

LISTED

NO

COMMENT

As per the source, total fund raised by company is $7.75 M but the overall total is $ 6.75 M(Oct. 2018)

Innovation Programs

BASICS

FOUNDING YEAR:

2016

LOCATION:

Views:

134 VISITORS | 227 VIEWS
LATEST FUNDING ROUND

$6.55 M

TOTAL EMPLOYEES
11-50

About

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.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

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Momentum+
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Innovation Programs

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