Rocket Money

About

Rocket Money is a financial money app that provides bill negotiation, budgeting, autopilot savings, and credit score services.

Silver Spring,Maryland,United States
101 - 250

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $1.55M
Industries: Billing,Education,Financial Services,FinTech,Mobile,Mobile Apps,Mobile Payments,Payments,Personal Finance,Task Management
Founded date: Jan 1, 2015
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Rocket Money, Inc.
Also Known As: Truebill

Truebill enables users to manage their personal finances and improve their financial health. It is a platform that allows users to find, track, and manage their subscription services and recurring bills.

To use Truebill, users must simply connect their bank account or credit card statement and instantly see everything they're paying for on a recurring basis. Any unwanted subscriptions can be canceled with just a few clicks.

Truebill is backed by Y Combinator, Social Capital, Cota Capital, and Bessemer Venture Partners. The company was founded in 2015 and is based in San Francisco, California.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$83.90M

Rocket Money has raised a total of $83.90M in funding over 2 rounds. Their latest funding was raised on Jun 1, 2021 from a Series D round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jun 1, 2021	Series D	$45M	4	Accel	—	Detail
Nov 12, 2020	Series C	$17M	5	Bessemer Venture Partners	—	Detail
Oct 23, 2019	Series B	$15M	7	Eldridge	—	Detail
Oct 3, 2018	Series A	$5M	14	—	—	Detail
Jun 27, 2016	Seed	$1.55M	8	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

30

Rocket Money is funded by 30 investors. Accel and Y Combinator are the most recent investors.

Investor Name	Lead Investor	Funding Round
Accel	Yes	Series D
Y Combinator	Yes	Seed
Bessemer Venture Partners	—	Series D
Cota Capital	—	Series D
Eldridge	—	Series D
Day One Ventures	—	Series C
Firebolt Ventures	—	Series C
Evolution VC Partners	—	Series B
Jawed Karim	—	Series B
Lucas Venture Group	—	Series B