Customer Fraud Concern Leading to Apple Payment Hold (high) A developer reported irregular subscription activities (trial start > paid conversion > refund > weekly renewal > cancel) affecting 4 accounts simultaneously. This led to Apple detecting 'irregular activities' and putting the developer's payments on hold. The developer was running IAPs with RevenueCat.. High Allocation of Secondary Capital in Series C (medium) The $50 million Series C funding round (May 2025) included $20 million in secondary capital, representing 40% of the total raise. This percentage is noted as 'fairly high for a Series C company,' indicating a significant portion of the funding was used for early investor/founder liquidity rather than primary growth capital.. Absence of Established Senior Financial Leadership (medium) As of July 2025, the company (valued at $500M post-money) is actively 'hiring... including a Head of Finance.' The CEO also self-identifies as a 'financial idiot' who focuses primarily on cash movement, suggesting a reliance on external advice or a gap in mature internal financial leadership at the executive level.. Historical Growth Deceleration ('Dark Times') (medium) CEO Jacob Eiting disclosed that the company experienced 'Dark Times' where revenue growth was 'cut in half each year for 2 years in a row' (implied period between 2020 and 2022, before re-accelerating in 2023). This indicates significant historical vulnerability to market or product challenges.. Operational Instability and Poor Customer Support Reputation (medium) Multiple customer reviews cite poor execution, 'scatty' documentation, inconsistent API, and specific instances of downtime ('2 sets of downtime since I signed up'). One reviewer explicitly stated the company 'doesn’t prioritise supporting their customers' and leaves them 'hanging.'. Developer Data Safety Violation Confusion (low) A developer posted in the community (Aug 16, 2024) regarding a 'Data safety violation' after upgrading the RevenueCat SDK, noting they had previously declared their application did not process any data. This suggests potential confusion or lack of clarity in RevenueCat's documentation or SDK implementation regarding mandatory data processing disclosures for developers.. Hidden Domain WHOIS Data (low) A website legitimacy check noted 'WHOIS Data Status: Hidden' as a negative point for the domain revenuecat.com.