Truebill, a Silver Spring, Maryland-based personal finance and savings app, raised $17m in Series C funding.
The round, which brought total raised to date to $40m, was led by Bessemer Ventures, with participation from Day One Ventures, as well as Eldridge Industries, Cota Capital, and Firebolt Ventures.
The company intends to use the funds to continue to expand operations and its business reach.
Led by Haroon Mokhtarzada, CEO, Truebill provides an app that enables people to optimize spending, manage subscriptions, lower bills, and stay on top of their financial life.
The company’s founding team also includes Yahya Mokhtarzada, CRO, and Idris Mokhtarzada, CTO.