Truebill is a personal finance mobile application that helps consumers find and cancel unwanted subscriptions, lower bills, monitor credit, automate savings, and manage their budgets. Founded in 2015 by brothers Haroon, Yahya, and Idris Mokhtarzada (alumni of Y Combinator), the company built one of the leading subscription management and bill negotiation platforms in the US, growing to 2.5 million members and approximately $100 million in annual recurring revenue by late 2021. Truebill was acquired by Rocket Companies for $1.275 billion in cash in December 2021 and was rebranded as Rocket Money in July 2022.
Truebill has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2015
Employees
200–500
Total Funding
$113.5M
5 rounds
Latest Valuation
$0.53B
August 2021
Total raised $113.5M across 5 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series D
Date
August 2021
Amount
$45M
Valuation
$0.53B
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| August 2021 | Series D | $45M | $0.53B | Accel |
| March 2021 | Series C | $45M | $0.5B | Accel |
| October 2020 | Series B | $17M | — | Eldridge Industries |
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.
Entry · Series C
$0.5B
Mar 2021
Truebill today
$0.5B
Aug 2021 · latest mark
Truebill multiple
1.1x
valuation uplift since first round
Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.
Haroon Mokhtarzada
Co-Founder & CEO
Yahya Mokhtarzada
Co-Founder & Chief Revenue Officer
Idris Mokhtarzada
Co-Founder & CTO
Competitor list is illustrative and may be incomplete, stale, or erroneous.
Mint
Intuit-owned personal finance and budgeting app that helps users track spending, build budgets, and monitor credit. Long the dominant US PFM app before being wound down by Intuit in 2024.
Empower (formerly Personal Capital)
Wealth management and personal finance platform offering free net-worth, investment, and budgeting tracking alongside paid advisory services; competes with Truebill's budgeting and financial overview features.
Monarch Money
Subscription-based personal finance app providing budgeting, net worth tracking, investment monitoring, and household collaboration features; widely considered the closest feature-equivalent to Rocket Money post-Mint.
YNAB (You Need A Budget)
Zero-based budgeting app with a strong user community, focused on intentional spending and getting users out of debt; competes with Truebill in the budgeting category.
Trim
AI-driven personal finance assistant that negotiates bills, cancels subscriptions, and analyzes spending; one of the earliest direct competitors to Truebill in bill negotiation.
Bobby
Lightweight subscription tracking app focused on manual entry and clean visualization of recurring expenses, competing with Truebill's subscription-management value proposition.
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