Truebill raises $45 million

Personal finance startup Rocket Money has raised a $45 million Series D funding round led by Accel. Existing investors Bessemer Venture Partners, Cota Capital, and Eldridge Industries are also participating in the round.

Founded in 2015, Truebill counts over 2 million users who can choose between a free version and a paid one. The app offers some basic tools for tracking subscriptions and staying on top of spending. The premium version ranges from $3-$12 per month and offers different features including syncing balances, premium chat, cancellations concierge, custom categories, unlimited budgets, smart savings, and more.

“More than 10,000 members sign up for Truebill every day seeking to better understand and improve their finances. With this new capital, we’re transforming Truebill into an all-in-one, holistic platform that makes it easy for members to not only manage subscriptions and spending but also optimize their savings and make informed decisions to improve their financial health. Truebill is rapidly becoming the most valuable financial membership for everyday consumers.” – Haroon Mokhtarzada, co-founder and CEO of Truebill.

Bottom Line: Gabi is a partner.