What does RevenueCat do?
RevenueCat offers a comprehensive platform for managing consumer app monetization across iOS, Android, and the web. The platform enables developers to handle billing, analytics, conversion optimization, and various purchase models like subscriptions, consumables, and virtual currencies.
How much did they raise?
The company raised $50M in Series C funding led by Bain Capital Ventures, with participation from Index Ventures, Y Combinator, Adjacent, Volo Ventures, and SaaStr Fund. This round brings their total funding to $100M to date.
What are their plans for the money?
RevenueCat plans to use the funds to scale product development and make strategic hires, aiming to address the growing demand from developers across sectors such as AI, gaming, and productivity.
What have they achieved so far?
Already processing over $8 billion in annual transactions, RevenueCat powers monetization for notable platforms including OpenAI’s ChatGPT, Notion, VSCO, and Runna.
