# Butter Insurance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/butter-insurance-pty

- Industry: Insurance
- Headquarters: Sydney, Australia
- Website: www.butterinsurance.com.au
- Total disclosed funding: $0.9M
- Latest round: Seed (Dec 7, 2022)
- Investors on record: 4

## About

Founded in 2022 and based in New South Wales, Australia, Butter Insurance Pty Ltd. is an online insurance platform that offers claim tracking, payment updates, policy management, and personal insurance. Cassie Bell and Steph Skevington are the co-founders of the company. In December 2022, Butter Insurance raised USD 1.3 million in seed funding from Flying Fox Ventures, Startmate, Quokka Capital, and FB10x adVentures.

The company offers a web-based interface that allows consumers to manage their policies, track their claims, and adjust their payments. Customers can add insurance at checkout when purchasing from participating stores or manually within 90 days of purchasing a new item from non-participating vendors. Butter Insurance's product covers accidental damage, theft, and loss of property. The firm offers a platform that allows clients to pay on their own time, with no lock-in contracts or cancellation costs.

## Funding rounds

- Seed, Dec 7, 2022, $0.9M — StartMate, Flying Fox Ventures, Quokka Capital, FB10x adVentures

## Investors

- StartMate (https://capitalatlas.ai/funds/startmate) — Seed
- Flying Fox Ventures (https://capitalatlas.ai/funds/flying-fox-ventures) — Seed
- Quokka Capital (https://capitalatlas.ai/funds/quokka-capital) — Seed
- FB10x adVentures — Seed