Browse Category: Truebill News

Truebill - Manage Subscriptions

Truebill Announces $1.4 Million Funding

Four months ago, we launched Truebill out of Y Combinator’s W16 batch with the mission to transform the way consumers access and control all of their paid subscriptions and recurring bills. Far too common were the remarks, “I had no idea I was getting charged for this!” or “I forgot to cancel that free trial!” We set out to build a simple but equally beautiful and powerful way to manage all your paid subscriptions in one place, and provide the tools we need to easily eliminate illegitimate subscriptions from reappearing on our bills.

Truebill just cancelled a subscription for me that’s been plaguing me for months. These guys kick ass (SaaS?) – @traviskimmel

We’re thrilled to announce today that we’ve raised a combined $1.75 million in seed funding from investors including David Baggett (Founder, ITA Software), Ellen Pao (former CEO, Reddit), Josh Goldman (Partner, Norwest Ventures), Social Capital, Sherpa Capital, and Transmedia Capital, who will join an already humbling group of investors including David Marcus (VP Messaging Products, Facebook), Hiten Shah (Founder, KissMetrics), Signatures Capital and YCombinator. You can read the full press release here.

We’re excited to expand our group of advisors and invest in the growth of Truebill. Here’s what we accomplished so far, what we’ve learned from millions of subscription transactions, and what you can expect to see from our team over the coming months.

  • Truebill now has over 40,000 users across 132 countries
  • Truebill is now tracking over $100 million in annual subscriptions
  • Truebill has linked to over 1400 banking institutions
  • Truebill has identified thousands of subscription services and recurring bills
  • Truebill launched a redesigned dashboard and interface

The way we spend money on goods and services is evolving. We’ve seen the average number of subscriptions double to 10 per person, up nearly 50% from 18 months ago. And with Apple’s recent announcement for new subscription-based payment options for apps, we expect to see that number skyrocket over the coming years.

The average user on Truebill saves over $500 per year by cancelling unwanted subscription services. Netflix, Amazon Prime and AT&T are the among the most popular subscriptions. Unsurprisingly, credit monitoring services including Score Sense, Instant Checkmate, and CreditExpert were among the top 20 most cancelled subscriptions on Truebill. For those unfamiliar, you can use Truebill to request to cancel any unwanted paid subscriptions, and we’ll take care of the process for you, for free.

Most Cancelled Subscriptions - Truebill Most Popular Subscriptions - Truebill

As a startup CEO, this is one of the most exciting time in our company history. We’re going to invest in hiring the brightest talent and build new products that will help us reach our goals. Our success will be made possible thanks to your ongoing support and feedback. Please email us at hello@truebill.com to share your stories and build a better Truebill.

Thank you and happy saving!

Yahya Mokhtarzada

CEO, Truebill

Truebill - Find, track and cancel subscriptions

Truebill’s new look and national TV spots!

Between watching the nail-biting Warriors games and presidential primaries, our team has been listening to hundreds of customer stories and user feedback to build a better and more useful Truebill. We’re focused on transforming the Truebill experience so that you can make wiser decisions about your paid subscriptions, and we’re excited to share our latest developments with you in this month’s round-up.

Redesigned Dashboard

Your Truebill dashboard has a new and improved look to help you manage all your subscription services faster and more efficiently. You can now view the sum of all your paid subscriptions, bills, and utilities and instantly toggle between your active and inactive paid subscriptions and recurring bills. By default, your dashboard will surface all of your active paid subscriptions. As a refresher, Active Subscriptions are any subscriptions you’re currently being billed for on a recurring basis, and Inactive Subscriptions are paid subscriptions you are no longer paying for.

Every subscription card will contain a wealth of information, including the bank account associated with transaction, the amount you’re being charged each month, and the sum of all the payments you’ve made to that particular subscription.

Sample Subscription Card

We’ve added a new option menu for you to manage each subscription in a matter of seconds. You can now rename the subscription, move the subscription to a different bill category, and even request to cancel directly from the options dropdown menu.

New Subscription Ratings & Reviews

Do you subscribe to a service that you love and want the world to know about? Or, conversely, did you find a pesky service that you think people should beware of? Now you can rate and review any subscription service directly from your dashboard. Simply click on a service and select the “Rate service” button.

Truebill on TV!

It’s only been a few short months since we first brought Truebill to the world, and we’re humbled by the flood of personal stories that have been shared with us. The response to Truebill has been tremendously rewarding and we want to thank all of our users for their ongoing support and feedback. In addition to receiving positive acclaims from CNN Money, Business Insider, TechCrunch, Entrepreneur Magazine, and dozens of other publications, we were able to tell the stories of our users on national television! Check out a few of the segments from Fox 9, NBC News, and CBS Local.

Want to share your story with us? Please drop us a line at hello@truebill.com or connect with us on Facebook and Twitter.

Happy Saving!

Truebill Team

The easiest way to manage your paid subscriptions