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Butter
company
About
Butter provides a payments intelligence platform for resolving payment failures.
- San Francisco,California,United States
- 11 - 50
- https://www.butterpayments.com
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- $4.50M
- Industries
- Finance,FinTech,Machine Learning,Payments,Real Time
- Founded date
- Jan 1, 2020
- Number Of Employee
- 11 - 50
- Operating Status
- Active
- Legal Name
- Butter Payments
- Also Known As
- Butter Payments
Butter provides a payments intelligence platform for resolving payment failures. Butter devised the Recovery engine as a solution to the problem. This is powered by machine learning and automates real-time decisions. Its patented technology optimizes each payment for individual success rather than in batches, making its product far more effective than other tools.The company was founded in 2020 by Vijay Menon.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
4
$28.75M
Butter has raised a total of
$28.75M
in funding over 2 rounds. Their latest funding was raised on
Jan 11, 2023 from a Series A round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Jan 11, 2023 | Series A | $22M | 1 |
Norwest Venture Partners
|
— | Detail |
| Sep 1, 2021 | Seed | $4.50M | 1 | — | — | Detail |
| Aug 15, 2020 | Seed | $2M | 1 | — | — | Detail |
| Mar 1, 2020 | Pre-seed | $250K | 1 | — | — | Detail |
Investors
Number of Lead Investors
Number of Investors
1
2
Butter is funded by 2 investors.
Norwest Venture Partners
and Atomic
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Norwest Venture Partners
|
Yes | Series A |
Atomic
|
— | Seed |
Employee Profiles
Number of Employee Profiles
3
Butter has 3 current employee profiles, including
Executive Vijay Menon
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