The Venture Codex

Participated · Seed · Dec 2022

Butter Insurance offers single-item insurance for electronics such as iPhones and laptops, allowing customers to insure devices within sixty days of purchase through its platform. Founded in 2021 and based in Australia, the startup plans to launch next month. The company closed a $1.3 million pre-seed round to fund its upcoming launch and early operations. Butter currently focuses on electronics but intends to expand its single-item coverage to other products including jewelry and snowboards. The articles do not disclose revenue, users, or other operating metrics.