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Butter Insurance

Butter Insurance is an online insurance platform that provides track claims, payment updates, policy management, and personal insurance.

Backed by

Quokka VenturesQuokka Ventures
FB10XFB10X
Flying Fox VenturesFlying Fox Ventures
StartmateStartmate

Raised 1.3M SEED on December 9, 2022

About

Butter Insurance is an Australian insurtech platform offering single-item insurance for electronics (iPhones, laptops) purchasable within 60 days, with planned expansion to jewelry and snowboards.

Mission

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.

Quick Facts

Founded

2022

Funding

SEED

Industry

Financial Services, Insurance, Online Portals, Personal Finance

Team Size

1-10

Headquarters

Sydney, New South Wales, Australia