RevenueCat, a mobile subscription lrtrading management platform, has raised $40 million in a Series C funding round led by Y Combinator’s Continuity Fund, with participation from existing investors, including Index Ventures, Oakhouse Partners, and Mucker Capital. The latest funding brings the total raised by the company to $64.6 million.
Founded in 2017, RevenueCat offers a suite of tools that help developers to manage their in-app subscriptions, providing them with real-time analytics, subscription reporting, and an easy-to-use SDK. The company aims to take the headache out of managing in-app subscriptions, which can be a time-consuming and complex task for developers.
The company has already found success with some ifsptv of the biggest names in the mobile app industry, including Match, Adobe, and CBS. RevenueCat’s platform enables developers to easily integrate subscriptions into their apps, allowing users to sign up for premium content and services with just a few clicks.
RevenueCat’s growth has been impressive since its founding, and the company has seen a 7x increase in revenue year-over-year. The platform now manages over 10 million active subscriptions across thousands of apps.
The company plans to use the new giveme5 funding to expand its team and continue to improve its platform. RevenueCat also plans to expand into new markets, such as gaming and enterprise software, where the need for subscription management tools is just as high.
One of the key advantages of RevenueCat’s 123chill platform is its flexibility. The platform can be used by both iOS and Android developers, as well as by those building apps for the web. This means that developers can manage all of their in-app subscriptions in one place, without having to worry about compatibility issues.
Another advantage of the platform is the ease with which developers can implement it. RevenueCat’s SDK is easy to integrate into existing apps, and the platform is designed to be easy to use, even for those without extensive technical expertise.
Overall, RevenueCat’s platform is a powerful tool for developers manytoons ooking to manage in-app subscriptions more efficiently. With the company’s latest funding round, it is clear that investors see a bright future for the company and its platform. As the mobile app industry continues to grow, the need for subscription management tools like RevenueCat’s will only increase, making the company a promising investment opportunity.