Truebill secures $5 mln in funding


San Francisco-based Truebill, which provides a platform that helps users control finances, announced it has raised $5 million in Series A funding. Investors include Cota Capital, Social Capital, Day One Ventures and individual investors David Marcus (head of blockchain at Facebook and former president of PayPal), Neil Blumenthal (co-founder of Warby Parker), Dave Gilboa (co-founder of Warby Parker), Jawed Karim (co-founder of YouTube), Troy Carter (partner at Cross Culture Ventures), Marc Katz (co-founder of Custom Ink) and Hiten Shah (co-founder of Crazy Egg and KISSMetrics) among others. The company also announced Haroon Mokhtarzada, former chief executive of Webs.com, as CEO of Truebill. He co-founded Truebill in 2015 with his brothers, Yahya and Idris Mokhtarzada.

Source: Company announcement

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