HomeFinTechTruebill: Raises $45M in Series D Funding

Truebill: Raises $45M in Series D Funding

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Truebill Raises $45M in Series D Funding

  • Truebill, a Silver Spring, MD-based personal finance app provider, raised $45m in Series D funding
  • The round, which brought total funding to $85m, was led by Accel with participation from existing backers
  • The company intends to use the funds to expand its platform of financial management tools
  • Truebill is a personal finance app that analyzes users spending habits, identifies inefficiencies, and offers immediate methods to improve their financial health
  • It enables people to optimize their spending, manage subscriptions, lower their bills, and automatically set aside money to reach their savings goals
  • The company, which also has offices in San Francisco, is now analyzing more than 200 million monthly transactions for more than $40 billion in monthly transaction volume
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