Truebill’s $17M Series C Financing


Foley Hoag LLP advised Bessemer Venture Partners on the deal.

Venture capital firm Bessemer Venture Partners acted as lead investor in a $17 million funding round for money management platform Truebill, Inc. The funding will enable Truebill to continue developing products to help improve the financial health of its customers.

Bessemer Venture Partners is the world’s most experienced early-stage venture capital firm. With a portfolio of more than 200 companies, Bessemer helps visionary entrepreneurs lay strong foundations to create companies that matter, and supports them through every stage of their growth. The firm has backed more than 120 IPOs, including Shopify, Yelp, LinkedIn, Skype, LifeLock, Twilio, SendGrid, DocuSign, Fiverr, Wix and MindBody. Bessemer’s 16 investing partners operate from offices in Silicon Valley, San Francisco, New York City, Boston, Israel and India.

Foley Hoag attorneys Mark Haddad (Picture) and Jason Roche represented Bessemer in the financing.

Involved fees earner: Mark Haddad – Foley Hoag; Jason Roche – Foley Hoag;

Law Firms: Foley Hoag;

Clients: Bessemer Venture Partners;

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Author: Ambrogio Visconti