# Butter Technologies

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.butterapp.io
- Total disclosed funding: $9M
- Latest round: Series A (Nov 14, 2022)
- Investors on record: 3

## About

Founded in 2020 by Winston Chi and Shangyan Li, and based in California, US, Butter Technologies, Inc. operates as a provider of a software platform for sellers and buyers that provides tools for boosting food operations using mobile apps. In November 2022, Butter Technologies raised USD 9 million in Series A funding led by new investor Gradient Ventures, with participation from other new investors Notation Capital and Uncommon Capital. The Series A funding valued Butter Technologies at USD 35.01 million post-money. The company is led by co-founder and CEO, Winston Chi. 

Butter offers a suite of products that streamline the entire food wholesale operation including order automatization, order management, inventory monitoring, and online/digital payments. The company also helps smaller food wholesalers get access to technology and insights to scale their businesses effortlessly. Additionally, Butter can help its customers easily comply with the FDA's food traceability rule. 

The company plans to use the 2022 funding to increase its workforce as it plans to expand its business reach.

## Funding rounds

- Series A, Nov 14, 2022, $9M — Notation, Gradient Ventures, Uncommon Capital

## Investors

- Notation (https://capitalatlas.ai/funds/notation) — Series A
- Gradient Ventures (https://capitalatlas.ai/funds/gradient-ventures) — Series A
- Uncommon Capital (https://capitalatlas.ai/funds/uncommon-capital) — Series A