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Qonversion

Qonversion Raised $850,000 to Help Mobile Apps Grow Subscription Revenue

Qonversion, a data platform for mobile applications, has raised $850,000 from LVL1 Group and AddVenture. The company helps developers boost in-app subscription revenue by marketing insights using integrations with app stores, mobile apps, and advertising platforms like Facebook. The funding will help Qonversion grow their product. "App Annie estimates that consumers spent $120 billion in app stores in 2019. In-app subscriptions accounted for roughly one-third of the total spend. This sector is growing extremely fast and…