San Francisco based personal financial management app has raised a $15m Series B led by Eldridge Industries.
Truebill claims that it has saved $50 million dollars for over half a million users since launching. To start using the app, a user connects their bank account. Then, Truebill analyze transactions and categorizes them. A user can swipe through potential subscriptions to cancel, upcoming bill charges, as well as spending month over month. The application additionally pulls out spending trends, and helps users create a budget with feedback from the company. But giving your bank data to a startup is becoming an increasingly uncomfortable transaction to swallow for consumers, in the wake of data and privacy woes across many industries.