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RevenueCat, Inc.

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RevenueCat, Inc.
ISIN🆔
IndustrySaaS, Financial technology, Developer tools
GenreIn-app subscription and purchase management
Founded 📆2017; 9 years ago (2017)
Founders 👔Jacob Eiting (CEO) Miguel Carranza (CTO)
Headquarters 🏙️,
San Francisco
,
U.S.
Area served 🗺️
Worldwide
Key people
Jacob Eiting (CEO) Miguel Carranza (CTO)
ServicesSubscription management, in-app purchase infrastructure, paywalls, experiments, analytics
Members
Number of employees
🌐 Websitewww.revenuecat.com
📇 Address
📞 telephone

RevenueCat is an American technology company that provides a platform for managing in-app subscriptions and purchases for mobile and web applications.[1] The company's software development kit (SDK ) and backend infrastructure allow developers to implement and manage subscriptions across different platforms, including iOS, Android, and the web.[2]

History

RevenueCat was founded in 2017 by Jacob Eiting and Miguel Carranza.[3] The co-founders had previously worked together at the brain-training app Elevate, where they encountered the complexities of building and maintaining in-app subscription infrastructure. They left Elevate in 2016 to create a tool that would simplify this process for other developers.[4]

The company launched a prototype in late 2017 and onboarded its first customer in early 2018.[4] In the summer of 2018, RevenueCat was part of the Y Combinator startup accelerator program.[5] By October 2018, the company had raised a $1.5 million seed round led by SaaStr, with 100 apps using its platform.[5]

In August 2020, RevenueCat announced a $15 million Series A funding round led by Index Ventures, valuing the company at $60 million. By this time, the platform was used by over 3,000 apps.[4]

The company raised a $40 million Series B round in May 2021, led by Y Combinator's Continuity Fund, which brought its valuation to $300 million. At the time of the announcement, RevenueCat was used by over 6,000 apps and had tracked over $1 billion in subscription revenue.[3]

In May 2025, RevenueCat announced a $50 million Series C funding round led by Bain Capital Ventures, bringing the company's total funding to $100 million and its valuation to $500 million.[1] The company reported that it powered subscriptions for over 75,000 apps, including notable customers like OpenAI's ChatGPT, Notion, and VSCO, and processed over $8 billion in annual transactions.[2]

Platform

RevenueCat's platform is designed to simplify the process of managing in-app subscriptions for developers. It provides a unified API and SDK that works across iOS, Android, and the web, abstracting away the differences between the Apple App Store, Google Play, and other payment platforms.[6]

Key features of the platform include:

  • Cross-platform subscription management: A single backend to manage subscriptions across different platforms.
  • Real-time analytics: A dashboard that provides metrics on revenue, churn, and other key performance indicators.
  • Integrations: The platform integrates with various third-party services for analytics, attribution, and marketing.
  • Paywalls: A drag-and-drop editor for creating and testing paywalls without writing code.[2]
  • Web Billing: Support for processing payments outside of the app stores.[1]

Funding

RevenueCat Funding History
Date Funding Round Amount Lead Investor
October 2018 Seed $1.5 million SaaStr[5]
August 2020 Series A $15 million Index Ventures[4]
May 2021 Series B $40 million Y Combinator Continuity[3]
May 2025 Series C $50 million Bain Capital Ventures[1]

References

  1. 1.0 1.1 1.2 1.3 Perez, Sarah (May 22, 2025). "RevenueCat raises $50M as it expands beyond mobile app monetization". TechCrunch. Retrieved February 5, 2026.
  2. 2.0 2.1 2.2 "RevenueCat Raises $50M Series C to Expand Global Infrastructure for Consumer Software Monetization". Business Wire. May 22, 2025. Retrieved February 5, 2026.
  3. 3.0 3.1 3.2 Perez, Sarah (May 27, 2021). "RevenueCat raises $40M Series B for its in-app subscription platform". TechCrunch. Retrieved February 5, 2026.
  4. 4.0 4.1 4.2 4.3 Vedantam, Keerthi (August 11, 2020). "App subscription tracking startup RevenueCat just raised $15 million to help developers navigate the 'huge gap' between Google and Apple's app store tools and what they need". Business Insider. Retrieved February 5, 2026.
  5. 5.0 5.1 5.2 Ha, Anthony (October 24, 2018). "Subscription management startup RevenueCat raises $1.5M". TechCrunch. Retrieved February 5, 2026.
  6. "RevenueCat Lowers Barriers to Monetizing Mobile Apps Amid AI Boom". Bain Capital Ventures. May 22, 2025. Retrieved February 5, 2026.

External links


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