Founded
Address
Butter Payments Inc
1 Letterman Drive
C3500
San Francisco, CA 94129
United States
Phone
Website
KANDO id: 11161053
Corporate information
Official name
Butter Payments Inc
Registration country
Official identities
US CIK 0001959723
Company type
Reducing involuntary churn by addressing failed subscription payments.Overview
Butter leverages patent-pending ML models to analyze hundreds of variables and deeply understand the real-time state for any given payment, which then allows us to optimize for authorization rate. The result? 5%+ of top-line ARR growth. Our clients include Fabletics, The Athletic, Dialpad, Dr. Squatch, Athena Club, Savage X Fenty, Found, Wyze Labs, airSlate, Tonal, JustFab, Hairstory, Eucalyptus, UrbanSitter, Simple, Bloom, Perlego, MuseScore, KitUp, Speechify and more.
Funding rounds
N/A USD 10,000,000
USD 10,000,000 ( ) at USD 135,000,000 pre-money valuation
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Atomic Labs LLC | Venture capital fund that founds companies. | Initial investment. | |
|
Norwest Venture Partners (NVP), (Norwest Venture Capital) | Venture capital firm. | Initial investment. |
Investment activity status
Active investor