RevenueCat

Revenue looks clean on a dashboard until you trace how it actually moves. Then it gets messy fast. Billing breaks at scale, data fragments across platforms, and what should be predictable starts behaving like weather. That is the problem Jacob Eiting and Miguel Carranza Guisado chose to solve in 2017 after running headfirst into it at Elevate. They did not patch around it. They built RevenueCat to sit underneath it. In the world of SaaS, that layer is where control lives.

Now the market is catching up to that conviction. In May 2025, RevenueCat closed a $50M Series C led by Bain Capital Ventures, bringing total capital raised to $100M with backing from Index Ventures, Y Combinator, Adjacent, Volo Ventures, and SaaStr Fund. This is not survival capital. It is acceleration capital. BusinessWire frames it as a push to expand global infrastructure for consumer software monetization, but read between the lines and you see something sharper. This is a land grab for the financial layer of SaaS businesses that live and die by recurring revenue.

What RevenueCat actually built is where the story tightens. A cross platform system that handles subscriptions, consumables, lifetime purchases, and virtual currency across iOS, Android, and web without forcing teams to stitch together their own backend. Tens of thousands of apps already run on it, pushing more than $8B in annual transaction volume through infrastructure most users will never see. In SaaS, scale without reliability is noise. This is neither.

But the sharper edge is in what comes next. Products like Paywalls, Web Billing, and the Web Paywall Button are not features. They are leverage. As platform rules loosen and new payment paths open, RevenueCat gives operators a way to test, route, and optimize revenue flows in real time. Shift a user from in app purchase to web checkout, measure conversion, adjust margin, repeat. No guesswork, no lag. Just signal.

Miguel Carranza Guisado has written about the grind of being a founder CTO 7 years in, still chasing speed and accuracy at once. Jacob Eiting operates with the same clarity as CEO, translating infrastructure into business outcomes. Together, they are not selling a vision dressed up as software. They are tightening a system that was loose for too long, turning monetization into something precise, observable, and dependable.

The tempo changes here. With fresh capital and an expanding product surface, RevenueCat is pushing beyond billing into a full monetization layer that touches acquisition, conversion, and retention. That shift lands directly in the center of modern SaaS, where growth is no longer just about users, but about how efficiently revenue is captured, measured, and expanded.

RevenueCat is hiring across engineering, product, and go to market roles, and the signal is clear. If you are building, you integrate. If you are scaling, you optimize. And if you are paying attention, you understand that the companies controlling how money moves are quietly becoming the ones that matter most.