Truebill raises seed funding to help you cancel unwanted subscriptions

Funding Rounds

▤ Summary

Truebill, a startup that helps people track and cancel their subscriptions, announced it has raised a small round of seed funding. The round includes $120,000 from Y Combinator, with additional funding from angel investors like David Marcus (formerly a PayPal executive and now vice president of messaging products at Facebook), KISSmetrics co-founder Hiten Shah and Saba founder Bobby Yazdani, bringing the total round size to $350,000. Now, some of you might be responsible people who don’t need any help managing your subscriptions. What the service currently does is examine your bank statement, identify subscriptions and help you cancel with one-click when something isn’t wanted. Mokhtarzada added that since Truebill launched out of beta testing in February, more than 10,000 people have signed up and they’ve canceled more than $300,000 worth of annual subscriptions.

$ Funding

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Amount $350.0K Total raised
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Date March 22, 2016 Announcement date
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Investors Signatures Capital, Y Combinator Lead investors
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Company http://www.truebill.com Funded company

▥ Classifications

industries
Hospitality
applications
Anti Piracy

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▦ Linked Companies

Truebill
$10M to $25M