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Rocket Money

Smart financial management and spending analysis app

201-500 employees
  • Fintech
  • B2C
  • Lifestyle
  • Personal finance
  • Financial Services
  • SaaS
8455 Colesville Road, Silver Spring, ML 20910

Company mission

To help users improve their financial health and live with financial peace of mind.

Top investors

Few candidates hear
back within 2 weeks

17% employee growth in 12 months

Otta's take

Sam Franklin headshot

Sam Franklin

CEO of Otta

Managing finances has become increasingly difficult in the last couple of decades, despite access to online banking and other financial apps. The mass of subscriptions, standing orders and utility bills the average American is subject to ultimately makes it difficult to assess and manage their finances within one place.

Rocket Money (formerly Truebill) provides a mobile application that includes a variety of tools that aim to simplify financial management. Tools include an automatic subscription tracker which aims to increase transparency and simplicity for canceling unwanted subscriptions, in addition to monthly spending analytics and budgeting plans.

Whilst there seems to be an app for just about every form of financial management, Rocket Money has taken much-needed action by unifying everything into a single app. Whilst the company initially focused on financial management tools, it's now branched out to more direct financial tools such as utility bill comparison services, autopilot saving and paycheque advance loans.

Benefits

  • Daily Catered Lunch
  • Health, Dental & Vision
  • 401k Matching
  • Unlimited Snacks
  • Life Insurance
  • Unlimited PTO
  • Commuter Benefits
  • Long/Short Term Disability
  • Kombucha on Tap
  • Competitive Pay

Company values

  • Focus on members - We are in this to delight our members. We maintain constant communication to understand their needs and wants
  • Take ownership - We are passionate and proactive. We take ownership and prioritize the long term, not just our team or task
  • Get stuff done - Time and resources are a constraint. We can only win if we are faster, more effective, and more agile than others
  • Prioritize data - We are humble about our opinions and use data across our teams to make better decisions. We have deep respect for the security & privacy of members
  • Enjoy the journey - We believe we can do our best work by supporting each other and seeking together to make our work engaging, fun, and enjoyable
  • Support personal growth - We are committed to using our experience at work to support our own and each other’s personal growth journeys

Funding (last 2 of 6 rounds)

Jun 2021

$45m

SERIES D

Nov 2020

$17m

SERIES C

$84m

Total funding

This company has top investors

Founders

Haroon Mokhtarzada

(CEO & Chairman)

They worked as CEO of Webs for 10 years, while studying at Harvard Law School, before working as VP at Vistaprint. They left this role in 2016 having co-founded Truebill (which later became Rocket Money) in November 2015.

Having studied at the University of Maryland, they worked in Business Development for Webs.com, SGN, appssavvy, and Nanigans for a combined 9 years. In November 2015 they co-founded Truebill.

Jobs (16)

All locations

Software Engineering

Operations & Strategy

Finance, Legal & Compliance