In a saucepan over low heat, melt butter and Swerve Sweetener together until golden brown.
Whisk in the cream slowly and bring to a gentle boil. Reduce heat and simmer for 7 to 10 minutes, stirring occasionally until the caramel thickens enough to coat the back of a spoon.
Remove from heat, whisk in vanilla extract, and drizzle over your favorite treat.