Dear RevenueCat Believers
Blog post from RevenueCat
In their journey to create RevenueCat, Jacob and Miguel aimed to simplify the management of mobile subscriptions and in-app purchases, drawing from their own challenges scaling Elevate. They launched the tool in 2017 and gradually expanded their customer base, culminating in participation in Y Combinator and a $1.5M seed round. Despite early struggles to meet demand, the COVID-19 pandemic unexpectedly accelerated RevenueCat's growth, tripling sign-ups and straining their resources. This growth led to a successful $15M Series A funding round, driven by a vision to enhance tools for developers and maintain a commitment to prioritize customers over investors. The founders express gratitude to the supportive community that helped RevenueCat thrive, vowing continued dedication to building valuable features and fostering genuine relationships with users.