RevenueCat raises $40M Series B for its in-app subscription platform

by RJ Shara | May 27, 2021 | Startups

RevenueCat, a startup providing a series of tools for designers of subscription-based apps, has raised$40 million in Series B financing, valuing its business at$300 million, post-money. Established by developers who understood the troubles in scaling a subscription app firsthand, RevenueCat’s software application development kit(SDK)option gives companies the tools they require to develop […]
Established by designers who comprehended the troubles in scaling a subscription app firsthand, RevenueCat’s software advancement package (SDK) solution offers companies the tools they require to develop a subscription business, including not just including memberships themselves, however preserving them over time even as the app stores carry out changes. Apple and Google, Eiting describes, aren’t constantly up to date with what companies really need to build subscription companies. Today, RevenueCat has more than 6,000 apps live on its platform, with over $1 billion in tracked subscription profits being handled by its tools.” The world is moving toward subscriptions– and for companies, developing out this design equates to weeks of developers’time,”says YC Continuity’s Hariharan.”RevenueCat helps designers roll out memberships in minutes and produces a source of truth for customer data….