Truebill YC Application

Winter 2016Acquired

Truebill went through Y Combinator in the Winter 2016 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch: Winter 2016
Industry: FintechConsumer Finance
Team size: 225
Status: Acquired
Launched: 2015

Founders

Yahya MokhtarzadaFounder/CEO
Haroon MokhtarzadaFounder
Idris MokhtarzadaFounder/CTO

What Truebill does

Rocket Money (formerly Truebill) is a leading personal finance app that analyzes members' spending habits, identifies inefficiencies, and offers immediate methods to improve their financial health. It enables people to optimize their spending, manage subscriptions, lower their bills, and automatically set aside money to reach their savings goals. Truebill has saved members more than $100 million since 2016 and is headquartered in Silver Spring, Maryland, with offices in San Francisco. Truebill's mission is to empower people to live their best financial lives. Truebill offers members a unique understanding of their finances and a suite of valuable services that save them time and money - ultimately giving them a leg up on their financial journey. Truebill is backed by Accel, Bessemer Venture Partners, Eldridge Industries, and YCombinator.

Truebill's YC application, reconstructed

Y Combinator application

Truebill, Winter 2016 batch. The real form questions, answered from public data.

Founders2
Company7
Progress7
Idea4
Equity3
Curious2
Batch Preference1

Company

Company name

Truebill

Describe what your company does in 50 characters or less.

Live your best financial life

What is your company going to make? Please describe your product and what it does or will do.

We built Truebill, a personal finance app that analyzes how people spend, spots waste, and helps them cut subscriptions and lower bills. It automates saving too. Our members get a clear picture of their money and actionable ways to save without effort.

Where do you live now, and where would the company be based after YC?

We live in Silver Spring, Maryland, and the company is based there too, with another office in San Francisco. After YC, we'd keep the base in Silver Spring.

Explain your decision regarding location.

Silver Spring is where we all live and can build the company with lower costs and less competition for talent than bigger cities. The additional San Francisco office helps us stay connected to the fintech ecosystem.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

See full application

Frequently Asked Questions

Is this the real Truebill YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Truebill's public data (launch notes, founder backgrounds, product description). It shows how a company like Truebill would present itself to YC, not the text they submitted.