RevenueCat raises $12M in Series C funding led by Adjacent to expand subscription management to the web
Apr 25, 2024•over 1 year ago
Amount Raised
$12 Million
Round Type
series c
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.
Funding Insights
Based on industry dataVC-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