Truebill Overview
- Year Founded
-
2015

- Status
-
Acquired/Merged
- Employees
-
157

- Latest Deal Type
-
M&A
- Latest Deal Amount
-
$1.2B
- Investors
-
1
Truebill General Information
Description
Developer of a finance management application designed to optimize spending, manage subscriptions and save money. The company's application uses bank-level security with encryption and read-only access, leverages artificial intelligence to analyze spending habits and identifies inefficiencies to take action, enabling users to improve their financial health.
Contact Information
Website
www.rocketmoney.comCorporate Office
- 8455 Colesville Road
- Suite 1645
- Silver Spring, MD 20910
- United States
Corporate Office
- 8455 Colesville Road
- Suite 1645
- Silver Spring, MD 20910
- United States
Truebill Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
9. Merger/Acquisition | 23-Dec-2021 | $1.2B | Completed | Generating Revenue | ||
8. Later Stage VC (Series D) | 01-Jun-2021 | Completed | Generating Revenue | |||
7. Later Stage VC (Series C) | 12-Nov-2020 | Completed | Generating Revenue | |||
6. Early Stage VC (Series B) | 05-Sep-2019 | Completed | Generating Revenue | |||
5. Early Stage VC (Series A) | 24-Aug-2018 | Completed | Generating Revenue | |||
4. Early Stage VC (Series 1) | 08-Aug-2018 | Completed | Startup | |||
3. Accelerator/Incubator | 12-Oct-2016 | Completed | Startup | |||
2. Early Stage VC (Series A2) | 18-Jul-2016 | $1.7M | $1.52M | Completed | Startup | |
1. Accelerator/Incubator | 22-Mar-2016 | $120K | $120K | Completed | Startup |
Truebill Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D | ||||||||
Series C | ||||||||
Series B | ||||||||
Series A5 | ||||||||
Series A4 | ||||||||
Series A3 | ||||||||
Series A2 | ||||||||
Series A1 | 631,519 | $0.000100 | $0.03 | $0.36 | $0.36 | 1x | $0.36 | 1.83% |
Series A | 4,835,483 | $0.000100 | $0.07 | $1.04 | $1.04 | 1x | $1.04 | 14.01% |
Truebill Comparisons
Industry
Financing
Details
Truebill Competitors (14)
One of Truebill’s 14 competitors is Trim (Financial Software), a Venture Capital-Backed company based in Evansville, IN.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Trim (Financial Software) | Venture Capital-Backed | Evansville, IN | ||||
Stripe | Venture Capital-Backed | South San Francisco, CA | ||||
EBANX | Private Equity-Backed | Curitiba, Brazil | ||||
Billshark | Angel-Backed | Hopkinton, MA | ||||
PayPal Braintree | Formerly VC-backed | Chicago, IL |
Truebill Signals
Truebill Former Investors (50)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
ACE Ventures (Geneva) | Venture Capital | Minority | ||
ACME Capital | Venture Capital | Minority | ||
Acacia Venture Capital Partners | Venture Capital | Minority | ||
Accel | Venture Capital | Minority | ||
Angel (individual) | Minority |
Truebill Investments (1)
Truebill’s most recent deal was a Seed Round with Medbill AI for . The deal was made on 23-Jul-2024.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Medbill AI | 23-Jul-2024 | Seed Round | Business/Productivity Software |
Truebill FAQs
-
When was Truebill founded?
Truebill was founded in 2015.
-
Where is Truebill headquartered?
Truebill is headquartered in Silver Spring, MD.
-
What is the size of Truebill?
Truebill has 157 total employees.
-
What industry is Truebill in?
Truebill’s primary industry is Other Financial Services.
-
Is Truebill a private or public company?
Truebill is a Private company.
-
What is the current valuation of Truebill?
The current valuation of Truebill is
. -
What is Truebill’s current revenue?
The current revenue for Truebill is
. -
How much funding has Truebill raised over time?
Truebill has raised $84.7M.
-
Who are Truebill’s investors?
ACE Ventures (Geneva), ACME Capital, Acacia Venture Capital Partners, Accel, and are 5 of 50 investors who have invested in Truebill.
-
Who are Truebill’s competitors?
Trim (Financial Software), Stripe, EBANX, Billshark, and PayPal Braintree are some of the 14 competitors of Truebill.
-
When was Truebill acquired?
Truebill was acquired on 23-Dec-2021.
-
Who acquired Truebill?
Truebill was acquired by Rocket Companies.
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