Qonversion - simplifying subscription management
by Startacus Admin
Qonversion is a London-based startup that's making it easier for others to build, analyze, monetize and grow a mobile subscription business.
Subscription models are useful for both business and customer, allowing the customer to set it up once and forget about it, receiving their product, service, content, etc. on an ongoing basis without having to think about payment, and the business has a higher retention rate for it.
It’s not groundbreaking or rocket science and subscriptions have been widely used for some time, but things are becoming increasingly complex with subscription management. Data and privacy laws, constantly updating app policies and app store policies, and the often awkward interaction of app developer and Apple or Google all mean that the backend of a subscription model faces increasing challenges.
London-based startup Qonversion is a subscription data platform designed to simplify subscription management, with its comprehensive toolset for developers to build, analyse, monetise, and grow a mobile subscription business. As they put it, it is ‘cross-platform subscription infrastructure, A/B testing, revenue analytics, engagement automation, and integrations all in one place’.
The startup was built specifically for businesses with mobile-based subscription services so that they can grow their apps faster and stay on top of changes and updates. The platform allows businesses to accurately track revenue and see what marketing channels are performing the best, giving them the insights they need to tweak their marketing.
In December 2021, Qonversion announced that they had raised £1.45 million in a round led by Flashpoint VC and Visionaries Club, with participation from Holger Seim (founder of Blinkist) and S16VC. This funding will go towards expanding the startup’s reach internationally and building its engineering and commercial teams. In just a year, the startup’s user base has increased nearly 10x, from 160 to almost 1,000 apps. With this funding and the increase in awareness, we expect plenty more subscription-based apps will adopt the platform.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Got a business in the manufacturing sector? These tips on how you can reduce energy costs while being more sustainable are well worth a read...
 Daniel Dierkes, David Schara, and Maximilian Geißinger 2.jpeg)
Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
Nassia Skoulikariti, Director of IoT Programmes, Mobile Ecosystem Forum shares some insights on how IoT is having a significant impact on all our lives.
.jpg)
Roger James Hamilton, Founder and CEO of Genius Group, a world-leading entrepreneur Edtech and education group, discusses how introducing a globalized curriculum will help better prepare students.
SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.
Thingtrax Secures £4.3M to Empower Manufacturers to Build the Factories of the Future
A measure of inflation relief for small firms sees transport costs fall but service price increases remain elevated
Bedfordshire-based HR tech startup HR DataHub has built a range of tools for HR departments
Published on: 20th December 2021
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- SureIn Secures €4M to Close the SMB Insurance Gap 15th Aug 2023 Innovative InsurTech startup SureIn announces a €4M Seed round to further its mission of making insurance easy, transparent and hassle-free for SMBs.
- SuperFi raises $1M pre-seed funding round 28th Jul 2023 SuperFi, the debt prevention platform, has announced a $1m pre-seed funding round to support people during the cost of living crisis.
- Startups rely on AI & sustainability for new partnerships 27th Jul 2023 41 startups from 13 countries, including the UK, have been selected for the 8th Kickstart Innovation program, one of Europe’s leading innovation platforms.
- Another Round closes £300k Seed round to revolutionise personal training 21st Jul 2023 Personal training platform Another Round has secured £300k in its latest fundraise, including investment from angels and its community.
