RevenueCat, a San Francisco, CA-based monetization platform for consumer apps, has raised $50 million in Series C funding.
Investors
The round was led by Bain Capital Ventures, with participation from returning investors Index Ventures, Y Combinator, Adjacent, Volo Ventures, and SaaStr Fund.
Bain Capital Ventures is a venture capital firm based in San Francisco, California. The firm invests in B2B software startups from seed to growth stages across four domains: Fintech, Commerce, Apps, and Infrastructure. With over $10 billion under management, BCV has helped launch and commercialize more than 400 companies.
RevenueCat Use of Funds
The company plans to use the funds to scale product development and make strategic hires to support growing demand across sectors such as AI, gaming, and productivity.
About RevenueCat
Founded in 2017 by Jacob Eiting and Miguel Carranza, RevenueCat provides a monetization infrastructure platform that helps app developers manage subscriptions, purchases, and billing. It offers tools and APIs that enable developers to implement, track, and optimize in-app purchases, subscriptions, virtual currencies, and paywalls. RevenueCat’s unified backend solution automates receipt validation, manages customer data, and provides tools for growth. The company serves over 50,000 apps, with clients including OpenAI’s ChatGPT, Notion, VSCO, and Runna.
Funding Details
Company: RevenueCat, Inc.
Raised: $50.0M
Round: Series C
Funding Date: May 2025
Lead Investor: Bain Capital Ventures
Additional Investors: Index Ventures, Y Combinator, Adjacent, Volo Ventures, SaaStr Fund
Company Website: https://www.revenuecat.com/
Software Category: App Monetization / Developer Tools
Source: https://www.businesswire.com/news/home/20250522835623/en/