# Truebill funding: rounds and investors

> Truebill has raised $20M across 2 rounds since 2018. Investors include Cota Capital, Jawed Karim and Eldridge. Every round with its source.

Source: https://millionrounds.com/company/truebill (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Truebill*

2 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Y Combinator: W16

Funding summary Updated 26 Oct 2026

**$20M** raised across 2 rounds since 2018, from 2 sources

**$5.0M** Round **$15M** Series B

- **Latest round:** Series B, $15M Oct 2019
- **Led by:** Eldridge
- **Step-up i:** 3×
- **Investors:** 13 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019

**$5.0M** Round

**$15M** Series B

- **First round:** Round, $5.0M
- **Biggest round:** $15M
- **Between rounds:** 13 months

## The rounds

- **Oct 2019** Series B **$15M** *3 new* *2 returning* [Eldridge](https://millionrounds.com/fund/eldridge) Lead [Cota Capital](https://millionrounds.com/fund/cota-capital) [Jawed Karim](https://millionrounds.com/fund/jawed-karim) [Lucas Venture Group](https://millionrounds.com/fund/lucas-venture-group) [Evolution VC](https://millionrounds.com/fund/evolution-vc) Reported by FinSMEs
- **Oct 2018** Round **$5.0M** *10 new* [Cota Capital](https://millionrounds.com/fund/cota-capital) [Jawed Karim](https://millionrounds.com/fund/jawed-karim) [Troy Carter](https://millionrounds.com/fund/troy-carter) [Hiten Shah](https://millionrounds.com/fund/hiten-shah) [Day One](https://millionrounds.com/fund/day-one-srl) [David Marcus](https://millionrounds.com/fund/david-marcus) [Dave Gilboa](https://millionrounds.com/fund/dave-gilboa) [Neil Blumenthal](https://millionrounds.com/fund/neil-blumenthal) Marc Katz Social Reported by Vator SEC filing: $7.6M sold, first sale Aug 2018

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Haroon Mokhtarzada** Executive Officer, Director i
- **Yahya Mokhtarzada** Executive Officer, Director i

On the board, as filed i *Avneet Pujji* *Ben Malka* *Nathan Niparko* *Todd Boehly*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2018 **Series B** 2019 [Cota Capital](https://millionrounds.com/fund/cota-capital) [Jawed Karim](https://millionrounds.com/fund/jawed-karim) [Eldridge](https://millionrounds.com/fund/eldridge) L [Troy Carter](https://millionrounds.com/fund/troy-carter) [Lucas Venture Group](https://millionrounds.com/fund/lucas-venture-group) [Hiten Shah](https://millionrounds.com/fund/hiten-shah) [Day One](https://millionrounds.com/fund/day-one-srl) [David Marcus](https://millionrounds.com/fund/david-marcus) [Dave Gilboa](https://millionrounds.com/fund/dave-gilboa) [Evolution VC](https://millionrounds.com/fund/evolution-vc)

## Everyone who backed them

[Cota Capital](https://millionrounds.com/fund/cota-capital) VC firm **2** rounds

[Jawed Karim](https://millionrounds.com/fund/jawed-karim) Angel **2** rounds

[Eldridge](https://millionrounds.com/fund/eldridge) Private equity **1** round, led 1

[Troy Carter](https://millionrounds.com/fund/troy-carter) VC firm **1** round

[Lucas Venture Group](https://millionrounds.com/fund/lucas-venture-group) VC firm **1** round

[Hiten Shah](https://millionrounds.com/fund/hiten-shah) Angel **1** round

[Day One](https://millionrounds.com/fund/day-one-srl) Venture studio **1** round

[David Marcus](https://millionrounds.com/fund/david-marcus) Angel **1** round

[Dave Gilboa](https://millionrounds.com/fund/dave-gilboa) VC firm **1** round

[Evolution VC](https://millionrounds.com/fund/evolution-vc) VC firm **1** round

[Neil Blumenthal](https://millionrounds.com/fund/neil-blumenthal) VC firm **1** round

Marc Katz no record of our own yet **1** round

Social no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=truebill).

## Also claim to have backed them

These 7 firms list Truebill as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[MaC Venture Capital](https://millionrounds.com/fund/mac-venture-capital) VC firm Per its own site

[Transmedia Capital](https://millionrounds.com/fund/transmedia-capital) VC firm Per its own site

[Brad Flora](https://millionrounds.com/fund/brad-flora) Angel Per its own site

[NKM Capital](https://millionrounds.com/fund/nkm-capital) VC firm Per its own site

[Catapult](https://millionrounds.com/fund/catapult-vc) VC firm Per its own site

[Duro Ventures](https://millionrounds.com/fund/duro-ventures) VC firm Per its own site

[Magellan](https://millionrounds.com/fund/magellan) Venture studio Per its own site

## Quick answers about Truebill

### Who invested in Truebill?

Truebill's investors include Cota Capital, Jawed Karim, Eldridge, Troy Carter and Lucas Venture Group, and 8 more on record. Eldridge led its latest round.

### How much has Truebill raised?

Truebill has raised $20M across 2 rounds since 2018.

### When did Truebill last raise?

Truebill's most recent round was a Series B of $15M in Oct 2019, led by Eldridge.

### What was Truebill's biggest round?

Its most recent round, $15M in Oct 2019, is also its largest on record.

### Who backed Truebill first?

Truebill's first round on record, in Oct 2018, was backed by Cota Capital, Jawed Karim and Troy Carter and 7 others.

### What stage is Truebill at?

Truebill's latest named round is a Series B, in Oct 2019.

### Where is Truebill based?

Truebill is based in the United States.

### Who led Truebill's rounds?

Eldridge led the Series B in 2019.

## Companies like Truebill

In the same sector, and raised in the last eighteen months.

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