About LowerMyBills
LowerMyBills is a Financial Services company based in Santa Monica (United States) founded in 1999. Utility and financial services plans are compared online. LowerMyBills has raised $11 million across 2 funding rounds from investors including Experian, Evercore and eCOMPANIES. Its website lowermybills.com draws about 23 thousand monthly visits. The company has since been acquired. LowerMyBills offers products and services including Mortgage Calculator, Mortgage Comparison, and Refinance Guides. Its focus areas include FinTech, Banking Tech, Savings Comparison Platform and Alternative Lending. Its legal entity is LMB MORTGAGE SERVICES. Its competitors include Credit Karma, NerdWallet and QuinStreet; 2 of its 3 listed competitors have raised funding.
Company details
Founded in 1999 in Santa Monica, United States, LowerMyBills operates as an online platform in the comparison sector for subscription-based utilities and financial products. Plans and rates are compiled and compared across services such as long-distance and cellular phone, Internet access, loans, credit cards, debt solutions, utilities, and insurance. Mortgage refinancing, home-equity loans, home-purchase loans, debt-consolidation loans, and auto loans are made available through the website.
- Total Equity Funding$11M (USD)
in 2 rounds
- Latest Funding Round$7M (USD), Series B
Jan 2001
- InvestorsExperian
& 5 more
Products & Services of LowerMyBills
LowerMyBills offers a comprehensive portfolio of products and services, including Mortgage Calculator, Mortgage Comparison, and Refinance Guides.
Tool to estimate monthly mortgage payments and affordability
Service for comparing lenders and mortgage options online
Guides explaining refinancing processes and benefits
Apps and channels of LowerMyBills
its YouTube channel LowerMyBills has 13.4K subscribers and 30 videos.
Videos from LowerMyBills
The most watched videos on LowerMyBills's YouTube channel, LowerMyBills (13.4K subscribers). Click a video to play it here.
More on LowerMyBills.
Funding Insights of LowerMyBills
LowerMyBills has successfully raised a total of $11M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $7 million completed in January 2001. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $11M
- Total Rounds 2
- Last Round Series B — $7M
- First Round $4M
(Dec 1999)
- Investors Count 4
All 2 funding rounds of LowerMyBills with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2001 | $7M | Series B | – | – | |
| Dec 1999 | $4M | Series A | – | – |
6 investors in total: 5 institutional and 1 angel.
Investors in LowerMyBills
LowerMyBills has secured backing from 6 investors, including institutional and angel investors. Prominent investors backing the company include Experian, Evercore and eCOMPANIES.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
M&A advisory, corporate strategy, and asset management services are provided. | 1995 | evercore.com | Atlanta, United States | |
| ecompanies.com | ||||
| seoserviceagent.com | ||||
Experian is recognized as a leader in credit reporting and financial services. | 1980 | experian.com | Ireland | |
BH Bill Harris | Angel investor, ex-CEO of PayPal, founder of Personal Capital, active in fintech | unknown_d9a7b7d8b821452e8 | ||
Quicken Loans is operated as an online financial services marketplace. | rockholdingsinc.com | Los Angeles, United States |
Investor details for LowerMyBills
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of LowerMyBills
1 people are tracked at LowerMyBills (1 in leadership).
| Name | Role | Group |
|---|---|---|
Steve Krenzer | CEO | Leadership |
Complete people profiles for LowerMyBills
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of LowerMyBills
4 dated milestones of LowerMyBills across 6 years, from founding to its latest funding, stage changes and deals.
- Founded LowerMyBills is founded.
- Funding First funding round of $4.0M.
- Funding Latest funding round, Series B, of $7.0M.
- Exit Acquired by Experian.
Competitors of LowerMyBills
LowerMyBills has 3 listed competitors in our database, 2 of them funded. They include Credit Karma, NerdWallet and QuinStreet.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| creditkarma.com | 2007 | San Francisco, United States | $869.77M | 1,249 | Credit score checking and comparison platform for financial products | |
| nerdwallet.com | 2009 | San Francisco, United States | $123.3M | App-based comparison platform for financial products | ||
| quinstreet.com | 1999 | Foster, United States | 937 | Personal loans, credit cards, and savings products are compared online. |
Detailed competitors of LowerMyBills
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of LowerMyBills
The website of LowerMyBills (lowermybills.com) receives about 23.1K visits a month and ranks #1,076,130 among all websites worldwide, #11,264 in Banking Credit and Lending.
- Monthly visits23.1K
▼ 19.3% vs previous month
- Unique visitors18.1K
per month
- Global rank#1,076,130
among all websites
- Category rank#11,264
Finance · Banking Credit and Lending
- Bounce rate54%
- Pages per visit1.6
- Average visit46 sec
- DevicesDesktop 24% · Mobile 76%
Websites whose visitors overlap most with LowerMyBills. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| lendingtree.com | 100% | 5.1M | #12,884 | View details | |
| eloan.com | 87% | 7.2K | #2,188,970 | View details | |
| rockethq.com | 77% | View details | |||
morganfranklinfoundation.org | morganfranklinfoundation.org | 70% | #4,494,942 | – | |
| westerracu.com | 70% | #181,341 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for LowerMyBills
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as LowerMyBills (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Frequently Asked Questions about LowerMyBills
LowerMyBills was founded in 1999.
LowerMyBills is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
LowerMyBills is a funded company, having raised a total of $11M across 2 funding rounds to date. The company's 1st funding round was a Series A of $4M, raised on Dec 1999.
Founded in 1999 in Santa Monica, United States, LowerMyBills operates as an online platform in the comparison sector for subscription-based utilities and financial products. Plans and rates are compiled and compared across services such as long-distance and cellular phone, Internet access, loans, credit cards, debt solutions, utilities, and insurance. Mortgage refinancing, home-equity loans, home-purchase loans, debt-consolidation loans, and auto loans are made available through the website.
LowerMyBills's top competitors include Credit Karma, NerdWallet and QuinStreet.
LowerMyBills offers Mortgage Calculator, Mortgage Comparison, and Refinance Guides.
LowerMyBills operates through Lmb Mortgage Services.
Yes. LowerMyBills was acquired by Experian in May 2005.