Butter
Stop involuntary churn. Recover more revenue.
Copenhagen, Denmark · Founded 2020 · $33.8M raised
- Headquarters
- Copenhagen
- Employees
- 11–50
- Founded
- 2020
- Business Model
- B2B
- Website
- butterpayments.com
- Total Funding
- $33.8M
- Last Round
- $22.0M Series AJan 2023
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Butter is a machine learning-powered payment recovery platform that helps subscription businesses eliminate involuntary churn caused by failed payments. By processing each failed payment individually rather than in batches, Butter optimizes retry strategies using hundreds of data points and business-specific ML models. The platform integrates directly with payment processors like Stripe and subscription management tools like Recharge, recovering 166%+ more lost revenue than traditional approaches. Butter operates on a revenue-share model with no retainer fees, and is SOC 2 Type 2 and PCI DSS Level 2 compliant.
Summary
Butter is a SaaS company based in Copenhagen, Denmark, founded in 2020. It has raised $33.8M in total across 3 rounds, most recently a $22.0M Series A round in Jan 2023. Investors include Gradient Ventures and Project A Ventures.
Tech & App Stack
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Funding History
Jan 2023
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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