About BUTTER
BUTTER is a company based in San Francisco (United States) founded in 2020 by Winston C was acquired by GrubMarket in May 2024.. BUTTER has raised $9 million across 1 funding round from investors including GrubMarket, Gradient Ventures and Uncommon Capital. BUTTER offers products and services including Software Platform and E-commerce Platform. BUTTER operates in a competitive market with competitors including Toast, Olo, Zenput, UrbanPiper and Tillster, among others.
- Headquarter San Francisco, United States
- Founders Winston C
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9 M (USD)
in 1 rounds
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Latest Funding Round
$9 M (USD), Series A
Nov 14, 2022
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Investors
GrubMarket
& 5 more
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Employee Count
Employee Count
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Acquired by
GrubMarket
(May 16, 2024)
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Products & Services of BUTTER
BUTTER offers a comprehensive portfolio of products and services, including Software Platform and E-commerce Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Manages operations for food wholesale businesses efficiently
Facilitates transactions in food wholesale sector
Funding Insights of BUTTER
BUTTER has successfully raised a total of $9M through 1 strategic funding round. The most recent funding activity was a Series A round of $9 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $9.0M
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First Round
First Round
(14 Nov 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series A - BUTTER | Valuation | Gradient Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in BUTTER
BUTTER has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include GrubMarket, Gradient Ventures and Uncommon Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital arm of Alphabet Inc. investing in AI
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Founded Year | Domain | Location | |
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Early-stage investments are provided by Uncommon Capital in software firms.
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Founded Year | Domain | Location | |
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Pre-seed investments are provided to tech startups by Notation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by BUTTER
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - BUTTER
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Butter Comparisons
Competitors of BUTTER
BUTTER operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Toast, Olo, Zenput, UrbanPiper and Tillster, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Restaurant operations are managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
Olo is recognized as a restaurant technology platform provider.
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| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| domain | founded_year | HQ Location |
Delivery channels management software is provided for restaurants.
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| domain | founded_year | HQ Location |
SaaS solutions for restaurant online ordering and analytics are offered.
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| domain | founded_year | HQ Location |
Provider of cloud-based POS software solutions for businesses and service providers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Butter
Frequently Asked Questions about BUTTER
When was BUTTER founded?
BUTTER was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is BUTTER located?
BUTTER is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is BUTTER a funded company?
BUTTER is a funded company, having raised a total of $9M across 1 funding round to date. The company's 1st funding round was a Series A of $9M, raised on Nov 14, 2022.
What does BUTTER do?
Founded in 2020 and based in San Francisco, United States, BUTTER operates as a cloud-based software platform targeted at restaurant businesses. Tools for order tracking, analytics, inventory management, and digital payments are provided through a subscription model. A mobile application is made available on Android and iOS devices to support these functions across operations.
Who are the top competitors of BUTTER?
BUTTER's top competitors include Toast, UrbanPiper and SpotOn.
What products or services does BUTTER offer?
BUTTER offers Software Platform and E-commerce Platform.
Who are BUTTER's investors?
BUTTER has 6 investors. Key investors include GrubMarket, Gradient Ventures, Uncommon Capital, Notation Capital, and Jack Altman.