About Buttercoin
Buttercoin was a Financial Services company based in Palo Alto (United States) founded in 2013 by Cedric Dahl and Bennett Hoffman. It delivers white-label bitcoin exchange services for businesses. It operates on a B2B model. Buttercoin has raised $1.38 million across 4 funding rounds from investors including Numbrs, Zillionize and Rothenberg Ventures. Its chief executive, as recorded, is Cedric Dahl. The company is recorded as dissolved. Its focus areas include Finance, Cryptocurrency, Exchanges and White-Label Solutions. Its competitors include FDCTech, Gem and Match-Trade Technologies; 2 of its 3 listed competitors have raised funding.
Company details
Buttercoin operates with a B2B model, focusing on finance, dealing with cryptocurrency, exchanges, and white-label solutions. Delivers white-label bitcoin exchange services for businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Palo Alto, United States
- Founders Cedric Dahl, Bennett Hoffman
- SectorsFinancial Services
- Website buttercoin.com
- Social X
- Total Equity Funding$1.38M (USD)
in 4 rounds
- Latest Funding Round$250K (USD), Seed
Sep 2013
- InvestorsNumbrs
& 7 more
Funding Insights of Buttercoin
Buttercoin has successfully raised a total of $1.38M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $250 thousand completed in September 2013. 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 $1.38M
- Total Rounds 4
- Last Round Seed — $250,000
- First Round $125,001
(Jun 2013)
- Investors Count 8
All 4 funding rounds of Buttercoin with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2013 | $250,000 | Seed | – | – | |
| Aug 2013 | Seed | – | Zillionize | – | |
| Aug 2013 | $1M | Seed | – | – | |
| Jun 2013 | $125,001 | Seed | – | Y Combinator | – |
8 investors in total: 6 institutional and 2 angel.
Investors in Buttercoin
Buttercoin has secured backing from 8 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Numbrs, Zillionize and Rothenberg Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-stage companies are funded by Zillionize venture capital firm. | zillionize.com | Palo Alto, United States | ||
Early-stage US companies are invested in by Rothenberg Ventures. | rothenbergventures.com | San Francisco, United States | ||
Seed and early-stage technology investments are managed by the firm. | initialized.com | San Francisco, United States | ||
Early-stage investments are focused on by Floodgate in US startups. | floodgate.com | Menlo Park, United States | ||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
| numbrs.com | ||||
KR Kevin Rose | unknown_bd9d67faf1d143159 | |||
CH Chris Hutchins | Angel investor, entrepreneur, and host of All the Hacks podcast. | unknown_2b2f6e58ad9c405bb |
Investor details for Buttercoin
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Buttercoin
2 people are tracked at Buttercoin (2 in leadership).
| Name | Role | Group |
|---|---|---|
Cedric Dahl | Co-Founder, CEO | Leadership |
Bennett Hoffman | Co-Founder, CTO | Leadership |
Complete people profiles for Buttercoin
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Timeline of Buttercoin
3 dated milestones of Buttercoin, from founding to its latest funding, stage changes and deals.
- Founded Buttercoin is founded.
- Funding First funding round of $125K.
- Funding Latest funding round, Seed, of $250K.
Competitors of Buttercoin
Buttercoin has 3 listed competitors in our database, 2 of them funded. They include FDCTech, Gem and Match-Trade Technologies.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fdctech.com | 2016 | Irvine, United States | $98,000 | Trade management solutions are provided for forex and cryptocurrency brokers. | ||
| gem.co | 2013 | Los Angeles, United States | $10.4M | 3 | Cryptocurrency portfolios are managed with real-time exchange and wallet data. | |
| match-trade.com | 2013 | Irvine, United States | Develops trading platforms, servers, and CRM for Forex brokers worldwide. |
Detailed competitors of Buttercoin
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Web traffic of Buttercoin
Websites that share an audience with Buttercoin (buttercoin.com).
Websites whose visitors overlap most with Buttercoin. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| simplelegal.com | 92% | 7.9K | View details | ||
| coinmkt.com | 77% | View details |
Top companies in Cryptocurrencies
3 companies that operate in the same segment as Buttercoin (Cryptocurrencies) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cross-border cryptocurrency payments for businesses are enabled through APIs. | 2013 | Boston, Massachusetts, United States | USD 1.51 B | USD 2.75 B | 1,533 | |
Cryptocurrency trading, storage, and exchange services are offered online. | 2012 | San Francisco, California, United States | USD 546.62 M | USD 7.18 B | 7,025 | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | 217 |
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Related news about Buttercoin
Complete news archive for Buttercoin
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Frequently Asked Questions about Buttercoin
Buttercoin was founded in 2013.
Buttercoin is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Cedric Dahl is the CEO of Buttercoin, as recorded in our data. They have also founded this company.
Buttercoin is a funded company, having raised a total of $1.38M across 4 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 2013.
Buttercoin operates with a B2B model, focusing on finance, dealing with cryptocurrency, exchanges, and white-label solutions. Delivers white-label bitcoin exchange services for businesses. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations. It continues to evolve, meeting industry challenges with strategic approaches.
Buttercoin's top competitors include FDCTech, Gem and Match-Trade Technologies.
Buttercoin has 8 investors. Key investors include Numbrs, Zillionize, Rothenberg Ventures, Kevin Rose, and Chris Hutchins.