RevenueCat, a company offering consumer app monetization solutions, pulled in $50 million in Series C funding to expand its infrastructure. The round was led by Bain Capital Ventures and brings the company’s total capital to $100 million.
Headquartered in the Bay Area, RevenueCat helps businesses establish their monetization stack across iOS, Android and web platforms, providing tools for easily building, managing and growing their businesses. RevenueCat offers optimization services for billing, analytics and conversion for products like subscriptions, consumables and virtual currency.
Backed by its new funding, RevenueCat will ramp up product development and hire new talent to its team of more than 100 employees. It has seen increased demand for its technology in sectors like AI, gaming and productivity. Building on recent growth, RevenueCat will further expand within the fintech space and roll out new product features to help developers acquire users and boost retention.
