Rocket Money logo — The smartest way to manage your finances

Rocket Money

The smartest way to manage your finances

Founded 2015 United States Silver Spring, United States 275 employees Series D Total: $84.00M AI, Analytics +5

General Information

Company Name Rocket Money
Founded Year 2015
Location United States Silver Spring, United States
Employees 275
Industries AI, Analytics, Education +4
Funding Stage Series D
Social

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About Rocket Money

Rocket Money, formerly known as Truebill, is a leading personal finance app dedicated to empowering individuals to take control of their financial well-being. With a user base of 3.4 million members, the platform provides comprehensive insights into finances, offering services that streamline financial management and generate savings. Members benefit from features such as subscription management, bill reduction, budgeting tools, and automated savings contributions, resulting in a cumulative savings of $245 million and counting. In late 2021, Rocket Money was acquired by Rocket Companies (NYSE: RKT) for a substantial $1.275 billion, aiming to establish a centralized platform for holistic financial management. Following a significant rise in premium memberships in July 2022, the company unveiled its new identity as Rocket Money. Operating on the belief of collective synergy, Rocket Money fosters a collaborative work environment that supports personal and professional growth. The company encourages diverse talent from various industries to contribute to its mission. Notably, the last major investment was a $45.00M Series D funding secured on 01 June 2021, with participation from prominent investors including Bessemer Venture Partners, Accel, Cota Capital, and Eldridge Industries. Rocket Money's commitment to financial empowerment and its successful track record underscore its significance in the finance and technology landscape, making it an intriguing prospect for potential investors seeking opportunities in the evolving financial services sector. For more information, visit www.rocketmoney.com/careers.

Business keywords: personal finance app, financial management, subscription management, budgeting, savings goals, acquisition, centralized financial management, financial empowerment, savings optimization, data-driven finance, subscription tracking, financial health improvement, Y Combinator-backed

Funding Rounds & Investors (7)

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Funding Stage Amount Investors Lead Investors Date
Series D $45.00M 3
Bessemer Venture Partners, Cota Capital +1
01 Jun 2021
Series C $17.00M 5
Bessemer Venture Partners, Day One Ventures +3
12 Nov 2020
Series B $15.00M 7
Bessemer Venture Partners, Cota Capital +5
23 Oct 2019
Series A $5.00M 10
MaC Venture Capital, Social Capital +8
03 Oct 2018
Seed Round $1.55M 9
Social Capital, ACME Capital +7
27 Jun 2016
Seed Round $350.00K 6
Y Combinator, Signatures Capital +4
22 Mar 2016
Angel Round $100.00K -
01 Oct 2014

Rocket Money Alternatives & Competitors

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FAQ About Rocket Money

The smartest way to manage your finances
Rocket Money was founded in 2015.
Rocket Money is headquartered in Silver Spring, United States.
Rocket Money operates in AI, Analytics, Education, Finance, Financial Services, Mobile and Payments. Its work centres on personal finance app, financial management, subscription management and budgeting.
Rocket Money has approximately 275 employees.
Rocket Money has completed 7 funding rounds, raising a total of $84.00M. The latest funding stage is Series D.
Top alternatives and competitors to Rocket Money include PocketGuard, RiseUp IL, FloatMe, Wafeer, Guac. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Rocket Money and PocketGuard are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Rocket Money, https://bouncewatch.com/company/rocket-money, updated 24 March 2025. When citing, please name BounceWatch and link this page.

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