Butter Payments

About:

Butter provides a payments intelligence platform for resolving payment failures.

Website: https://www.butterpayments.com

Twitter/X: ButterPayments

Top Investors: Norwest Venture Partners, NFX, Atomic, Transpose Platform Management, Spring Tide Capital

Description:

Subscription companies are losing 10%+ of revenue to failed payments—billions of dollars a year—a problem known as “Involuntary churn.” Butter is on a mission to end involuntary churn. Using machine learning we help the greatest subscription companies in the world—Fabletics, The Athletic, Savage x Fenty, Found, Tonal, Hairstory—recover more revenue, optimize authorization rates, and increase customer lifetime value. Butter, backed by world-class investors—Atomic, Norwest Venture Partners, SpringTide, Transpose Platform—is building a better future for subscription payments. The company was founded in 2020 by Vijay Menon.