Butter
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Overview
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.
About
Industries
Finance, FinTech, Real Time, Machine Learning, Payments
Founded
2020
Employees
11-50
Headquarters locations
United States, North America
Social
N/A
Profile Resume
Butter headquartered in United States, North America, operates in the Finance, FinTech, Real Time, Machine Learning, Payments sector. The company focuses on Finance and has secured $2.3B in funding across 80 round(s). With a team of 11-50 employees, Butter is actively contributing to advancements in Finance. Their latest funding round, Series A - Butter, raised $22.0M. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
5
Investors
4
Lead Investors
0
Total Funding Amount
$28.8M
Details
4
Butter has raised a total of $28.8M in funding over 4 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2020 | Seed | 250.0K | ||
| 2020 | Seed | 2.0M | ||
| 2021 | Seed | 4.5M | ||
| 2023 | Early Stage Venture | 22.0M |
Investors
Butter is funded by 10 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| Edward Yip | - | FUNDING ROUND - Edward Yip | 22.0M |
| Butter | - | FUNDING ROUND - Butter | 22.0M |
| Norwest Venture Partners | - | FUNDING ROUND - Norwest Venture Partners | 22.0M |
| Butter | - | FUNDING ROUND - Butter | 22.0M |
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