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RevenueCat raises $12M in Series C funding led by Adjacent to expand subscription management to the web

Apr 25, 2024over 1 year ago

Amount Raised

$12 Million

Round Type

series c

BrandonSoftware

Investors

Saa Str FundVolo VenturesIndex VenturesY CombinatorNico WittenbornAdjacent

Description

RevenueCat has closed on a $12 million Series C led by Adjacent, following the launch of a new product, RevenueCat Billing, that allows web app developers to integrate subscription purchases into any website. The fundraise will also help RevenueCat expand to new markets, including Japan and South Korea.

Company Information

Company

RevenueCat

Location

Brandon, Florida, United States

About

RevenueCat is the leading platform for consumer app monetization. Developers use RevenueCat to easily build, manage, and grow their businesses across iOS, Android, and the web — handling billing, analytics, and conversion optimization for subscriptions, consumables, lifetime purchases, and virtual currency. Today, over 50,000 apps use RevenueCat to power their revenue, including top names like ChatGPT, Notion, and ClassDojo.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech