BillShrink Overview
The concept behind the company was born when co-founder Schwark and his wife tried to compare rates when changing their family cell phone plan. Overloaded with data on coverage, features and pricing, Schwark (who conveniently is a data analysis wizard) realized that this was a problem best solved by technology. Two years and many fancy algorithms later, BillShrink saves the average user $1500 and...More»
The concept behind the company was born when co-founder Schwark and his wife tried to compare rates when changing their family cell phone plan. Overloaded with data on coverage, features and pricing, Schwark (who conveniently is a data analysis wizard) realized that this was a problem best solved by technology. Two years and many fancy algorithms later, BillShrink saves the average user $1500 and continually provides money-saving recommendations through timely email alerts to keep people saving even more.
It’s great to have options. But since there are literally millions of options to consider when looking at credit cards, cell phone plans and gas stations, it’s just not possible for a mere mortal to sort through them we all. BillShrink puts technology to work by scanning millions of data points and constantly re-calculating your usage and needs against all the possible product combinations. Simply put, we’ve gone to all the trouble so you don’t have to.«Less
Key People
Board of Directors
Funding
| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| 07/2007 | Series A | 1M | Unknown | |
| 10/2008 | Series B | 8M | 9M |
Products
| Name: | BillShrink |
| Product URL: | http://www.billshrink.com/ |
| Date Launched: | 09/2009 |
| Description: | It's as simple as asking yourself, why overspend? Given the vast number of complex offers and plans, such as those from the major mobile carriers and credit card issuers, chances are pretty good you're paying more than you need to. We make it simple to compare what you've got to what they're offering. And if you're like most people, that means significant savings. Isn't that just how things on the Web should be? Incredibly useful, simple and free. - It's free - Keep saving - We do the tedious work |
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09/30/2009 12:18AM by limguine
User Opinions
Bulls vs. Bears (3)
| Bullish Opinions (1) | Author/Date | Do you agree? | |
|---|---|---|---|
|
They've been gaining some traction post launch in April |
jenny 05/30/2008 |
100% 1 vote 1 0% 0 |
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| Bearish Opinions (2) | Author/Date | Do you agree? | |
|---|---|---|---|
|
just clicked on their link and the site is down.... bummer, seemed like a good site |
tomg 09/19/2008 |
100% 1 vote 1 0% 0 |
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|
Their analysis of cell phone plan comparison is too simplistic right now |
jenny 05/30/2008 |
100% 1 vote 1 0% 0 |
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