Butter Payments

Butter Payments is a machine-learning platform for orchestrating payment retries and recovering failed recurring payments. It was founded in 2021 and is based in San Francisco.

Products The listed products are a machine-learning retry engine, failed-payment recovery, decline-code classification and PSP integration. The Smart Retries logic is meant to decide when and how a failed subscription charge is attempted again.

Customers and markets Target verticals are subscription apps, streaming, media, SaaS and e-commerce. Stated coverage is the United States, the United Kingdom, the EU, Canada and Australia. The company says its aim is to raise the lifetime value of subscription services.

Commercial model and funding Butter works on a performance-based model or as enterprise SaaS. It is reported to have raised more than $30 million from Norwest and Atomic. Clients should ask how performance fees are measured against recovered revenue.