How much funding has Butter raised?

Butter has raised $11.8M in total funding, most recently a Series A round.

Who are Butter's investors?

Butter's investors include Gradient Ventures, Project A Ventures.

Where is Butter headquartered?

Butter is headquartered in Copenhagen, Denmark.

What industry is Butter in?

Butter operates in SaaS, Telecommunications.

Butter

Stop involuntary churn. Recover more revenue.

Copenhagen, Denmark · Founded 2020 · $11.8M raised

SaaS

Telecommunications

Headquarters: Copenhagen
Employees: 11–50
Founded: 2020
Business Model: B2B

Website: butterpayments.com
Total Funding: $11.8M
Last Round: $9.0M Series ANov 2022
Rounds: 2

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 $11.8M in total across 2 rounds, most recently a $9.0M Series A round in Nov 2022. Investors include Gradient Ventures and Project A Ventures.