Paywall A/B testing helps optimize revenue, by letting developers figure out which conversion screen will bring the best results. It is one of the main offerings of Adapty, but not its only one: The startup sees itself as growth-focused, rather than infrastructure-focused.
Having closed a seed round this year that brings its funding to date to $2.5 million, Adapty is focusing on two goals that require more headcount: geographic expansion and incorporating machine learning. The latter will be used to come up with features including a lifetime value (LTV) prediction tool.
Adapty has been “on track” since graduating from the program, Davydov said. Tracking is the word: The startup’s landing page claims “8 million monthly tracked events.”
This tracking is done on behalf of Adapty’s clients and fed back to them in the form of analytics and dashboards, which can be used by developers and user acquisition managers alike.
Adapty serves clients big and small, from solo developers on its free tier who may be able to learn from its community and content to larger clients attracted by its growth-focused features.
Adapty’s decision to add an LTV prediction tool is inspired both by customer demand and by firsthand experience from Davydov and his co-founders, Kirill Potekhin and Dima Podoprosvetov. The team thinks it is now better placed to predict LTV than app owners themselves.
“This is a thing that you are unlikely to be able to repeat internally, because we see a lot of data, and they are diversified — from all categories in the app store[s],” Davydov said. “And by design, we have more knowledge about the app market, while if you have only one application, it only shows your data. We believe we can build much more accurate models because of this.”
With new capital, Adapty is betting it can help app devs make more money by Anna Heim originally published on TechCrunch