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Acquired | Acquired

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About Trim

Trim is a financial health company. Its customers benefit from automated savings, decreased bills, and bank fees, canceled subscriptions, and spending analysis and recommendations. It was founded in 2015 and is based in San Francisco, California. In April 2021, Trim was acquired by OneMain Financial.

Headquarters Location

2055 Market Street

San Francisco, California, 94114,

United States




Research containing Trim

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Trim in 3 CB Insights research briefs, most recently on Feb 23, 2022.

Expert Collections containing Trim

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Trim is included in 4 Expert Collections, including Digital Banking.


Digital Banking

675 items

Companies and startups in this collection provide banking services to consumers and businesses, as well as enhance, automate, and/or digitize operations for banks and financial institutions.


Wealth Tech

2,053 items

Companies and startups in this collection digitize & streamline the delivery of wealth management. Included: Startups that offer technology-enabled tools for active and passive wealth management for retail investors and advisors.


Artificial Intelligence

10,958 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.



8,123 items

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

Trim Patents

Trim has filed 26 patents.

The 3 most popular patent topics include:

  • building engineering
  • recreational vehicle manufacturers
  • structural engineering
patents chart

Application Date

Grant Date


Related Topics




Recreational vehicle manufacturers, Tires, Synthetic fibers, Brand name materials, Twin-turbine helicopters


Application Date


Grant Date



Related Topics

Recreational vehicle manufacturers, Tires, Synthetic fibers, Brand name materials, Twin-turbine helicopters



Latest Trim News

If you liked Trim and Truebill, your business will love Sparx

Oct 9, 2023

The profitable startup just raised $3.1M to advance its spend-monitoring AI bot If you regularly subscribe to services on your smartphone, then you most likely found Trim (acquired by OneMain) or Rocket Money (f.k.a. Truebill). Both apps help consumers save tons of money by monitoring and canceling subscriptions. Well, there’s now a similar platform for businesses – and it’s totally free! At least for now. Called Sparx , the AI-powered platform just celebrated raising $3.1 million in its seed round of funding. Investors were Columbus-based tech VC Drive Capital , SaaS investor Thrive Capital in NYC, Human Capital in San Francisco, and Wicklow Capital in Chicago. NYC-based Sparx was created by serial entrepreneurs Nicholas Fotopoulos and Ricky Pati to help startups save money. The team is focused on the development of various automated tools aimed at reducing hidden and unnecessary fees across SaaS, cloud, and insurance. The new capital will help Sparx scale operations and boost sales and marketing, according to a TechCrunch post. In a blog post, Fotopoulos said you only had to do three things to cut that overspend: monitor subscriptions and get better deals before contract renewal; get in at the right time for better rates; and negotiate out unwanted parts of a product you’re signing up for. At Sparx, the team was able to automate this process, cutting its customers’ expenses by 16.3% – and it’s not charging for the service. But the company claims it can save businesses up to 60% with its FinOps intelligence platform. Fotopoulos described how Sparx saves the day with trade credit insurance (TCI). The startup has partnered with insurance carriers to offer its users A/R protection from broken deals and failed businesses. “We’ve helped negotiate and purchase protection that guarantees payout of 95% of a customer’s A/R that cannot pay. By protecting A/R, TCI also lowers interest rates AND increases advance rates on A/R financing,” Fotopoulos wrote. Sparx’ website states: “Elevate your FinOps strategy with unmatched savings, refreshing transparency, and intelligent business decisions.” The company promises savings on autopilot, reduced business risk with discounted insurance, and a 360-degree view of your stack to stay informed on renewals and purchases. Further, with Sparx, businesses using Google Workspace, Microsoft Azure, or Okta SSO can get SaaS usage tracking at employee and app levels, identify shadow IT, and cut down software sprawl by identifying unused SaaS licenses. The website describes a case when Sparx was able to save an unnamed Series B startup $33,000 with its license management software. “SaaS licenses can be a major source of cost for businesses of all sizes,” said Sparx CEO and co-founder Pati in an earlier statement. “In fact, according to a recent study by G2, the average business wastes $3.6 million per year on unused SaaS licenses. The only solutions to monitor usage cost hundreds of thousands of dollars. Combatting SaaS sprawl with another six-figure license puzzled me when I was an operator at Exai Bio and Gauss Surgical, so we flipped this model on its head.” The beta version of Sparx launched just a half-year back, but the startup already reached profitability. According to Pati, as cited by TechCrunch, Sparx is close to making seven figures of annual recurring revenue. The company’s website proclaims that more than 200 businesses, big and small, have already signed up for Sparx – these include BMW, Zillow,, and Invisalign. “We believe in the resilience of the American enterprise through these trying economic times but we know a lack of tools to combat overspend may exacerbate existing issues,” Pati said.

Trim Frequently Asked Questions (FAQ)

  • When was Trim founded?

    Trim was founded in 2015.

  • Where is Trim's headquarters?

    Trim's headquarters is located at 2055 Market Street, San Francisco.

  • What is Trim's latest funding round?

    Trim's latest funding round is Acquired.

  • How much did Trim raise?

    Trim raised a total of $9.7M.

  • Who are the investors of Trim?

    Investors of Trim include OneMain Holdings, Eniac Ventures, Clocktower Technology Ventures, Fourlane, SPH Ventures and 11 more.

  • Who are Trim's competitors?

    Competitors of Trim include Cushion and 7 more.


Compare Trim to Competitors

Cushion Logo

Cushion is a fintech company that focuses on bill management and credit building. The company offers a platform that allows users to organize and pay their bills, track their Buy Now Pay Later payments, and build their credit score. The primary customers of Cushion are individuals seeking to improve their financial management and credit scores. It was founded in 2016 and is based in San Francisco, California.


Bobby is a mobile app that aims to help users manage their personal subscription expenses and get notified when a bill is due. The mobile app was made and is owned by Yummygum, an Amsterdam-based design agency.


Hiatus is a company that focuses on financial management and advice in the finance industry. The company offers an all-in-one finance and bill management tool that helps users track spending, manage bills, save money, and grow their net worth. Hiatus primarily serves individuals seeking to organize their financial lives and unlock personalized money-saving advice. It was founded in 2016 and is based in New York, New York.


Subaio is a financial technology company specializing in digital financial solutions. It develops and provides software aimed at giving banking customers control over their online subscriptions and recurring payments, making it possible to cancel the services they no longer want within seconds. The company was founded in 2016 and is based in Aalborg, Denmark.

Revuto Logo

Revuto leverages Cardano native tokens and defi to pay for subscriptions. Revuto's ecosystem is designed to save people money regardless of crypto market conditions. Revuto users can subscribe to services using the Revuto debit card, the built-in wallet supports Cardano-native tokens, and the accompanying app can be used to Block, Snooze or Approve subscription charges as they occur.


BillTrim is a bill management platform. It offers an online service for users. Its platform provides bill-trimming services for cable, cell phones, electricity, and more. It was founded in 2016 and is based in Mountain View, California.


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