Tech Company M&A Transactions
Truebill Acquisition
Truebill, operating out of San Francisco, was acquired by Rocket Companies. Rocket Companies said the transaction price was $1.3 billion.
Transaction Overview
Company Name
Acquired By
Announced On
12/20/2021
Transaction Type
M&A
Amount
$1,275,000,000
M&A Terms
Truebill was acquired for $1.275 billion in cash. The deal is expected to close prior to the end of the year.
Company Information
Company Status
Acquired or Merged
Industry
FinTech
Mailing Address
165 Jessie St.
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Overview
Truebill develops a mobile app that helps consumers take control of their financial lives. Truebill leverages AI to analyze users' spending habits, identify inefficiencies, and take action to ultimately improve their financial health. The app allows people to optimize their spending, manage subscriptions, lower their bills, even set aside money to reach their savings goals.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Haroon Mokhtarzada
Chief Technical Officer
Idris Mokhtarzada
VP - Sales
Yahya Mokhtarzada
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. All VC database entries on this site are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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