New York, 13th Nov. 2020: US-based fintech startup Truebill raises $17 million in Series C round funding led by Bessemer Venture Partners, with participation from existing investors Eldridge, Cota Capital, Firebolt Ventures, and Day One Ventures.
Truebill improves the financial health of millions of people and helps them to track and manage their subscriptions and bills.
The current round of funding in Truebill brings the total raised amount to $40 million.
The team will use a new round of funding in product development to let people save more in the finance part.
It’s no secret that 2020 brought many challenges, 90 percent of Americans stressed about finances and Truebill helps over a million people to save over $100 million.