Truebill, a personal financial firm, has secured a $45 million Series D financing headed by Accel. This follows the company's $17 million Series C funding round earlier this year. Since its inception, the firm has raised a total of $85 million.

Bessemer Venture Partners, Cota Capital, and Eldridge Industries, all existing investors, are also participating in today's investment round.

Truebill provides numerous solutions to assist residents of the United States in regaining control of their money. One of the app's standout features is the ability to manage all of your subscriptions in one location. Additionally, users may cancel undesired subscriptions. Truebill helps negotiate a reduction on your mobile phone and cable bills.

Recently, the firm added capabilities that transform the app into a financial companion. You can examine spending insights, set and follow a healthy monthly budget directly from the app, as well as examine your credit reports.

Additionally, Truebill enables you to set money away automatically. When you have any money left over, the business examines your accounts to see where you might save some money.

The business is currently developing a wealth management dashboard that consolidates all of your assets and liabilities. Wealth management is a little laborious since you must connect to every single pocket of money or you will miss out on important information.

“Every day, over 10,000 people join Truebill in search of a better understanding and management of their finances,” co-founder and CEO Haroon Mokhtarzada said in a statement. "With this additional cash, we're developing Truebill into an all-in-one, holistic platform that enables users to easily manage not just their subscriptions and spending, but also their savings and make educated financial choices." Truebill is quickly establishing itself as the most beneficial financial membership available to regular consumers.”

As you can see, the startup is thriving. Since November 2020, the user base has risen from 1 million to 2 million. Monthly transaction volume of $40 billion is analysed by the business.Personal finance company Truebill has secured a $45 million Series D fundraising round, which was headed by venture capital firm Accel. This only came after the business obtained a $17 million Series C round of funding only a few months ago. The company as a whole has raised $85 million dollars since its inception.The business is now working on a wealth management dashboard that gathers all of your assets and debt into one place. There is a lot of tiresome work when it comes to wealth management. You have to be connected to every single pocket of money in order to get an accurate image.