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The issue with all the 2/3+ hybrid multisig companies is that they have the xpubs, and have to, otherwise recovery is impossible unless you lost a key but not that key's xpub. This solution is just more bespoke. Admittedly cool. You have to accept the trade-offs. For some people's situation (business, family, living arrangement) it makes quite a bit of sense, just not for mine or DIYers.
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From their privacy policy:
To be fair, if you're an Apple user (and this opaque, closed source product is Apple only), you probably don't care about Privacy :-)