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Butterfly Network
AddedFeb 19, 2024
UpdatedJun 18, 2026
Butterfly Network

Butterfly Network

Public

Butterfly Network: A digital health firm revolutionizing medical imaging and surgery with advanced tech.

HQ
Guilford, CT, US
Founded
2011
Overview
Compare
Fundraising
Employees
Website

Butterfly Network, founded in 2011, is a digital health company dedicated to revolutionizing medical imaging and non-invasive surgery. Leveraging advancements in semiconductors, deep learning, and cloud computing, Butterfly Network aims to make medical imaging more accessible and efficient. Their flagship product, the Butterfly iQ3, is a point-of-care ultrasound (POCUS) device known for its superior image quality, rapid data processing, real-time AI capabilities, and user-friendly design. The company focuses on enhancing patient care by integrating ultrasound technology into everyday medical practices.

Notable figures associated with Butterfly Network include Jonathan Rothberg, a prominent scientist and entrepreneur in the field of genomics and medical technology. The company has attracted significant investment from major venture capital firms such as Fidelity and the Bill & Melinda Gates Foundation. Key achievements include the development of the world's first handheld, whole-body ultrasound system and widespread adoption in various healthcare settings. Overall, Butterfly Network has made a substantial impact on the medical imaging industry by democratizing access to advanced diagnostic tools.

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Butterfly Network - Quick Facts

Who are Butterfly Network's competitors?

Companies similar to Butterfly Network include Exo, Subtle Medical, Pons and True Digital Surgery.

When was Butterfly Network founded?

Butterfly Network was founded in 2011.

Where is Butterfly Network's headquarters located?

Butterfly Network's headquarters is located in Guilford, CT, US.

When was Butterfly Network's last funding round?

Butterfly Network's most recent funding round was for $5M (USD) in March 2022.

How much has Butterfly Network raised to-date?

As of Mar 9, 2022, Butterfly Network has raised a total of $530M (USD).

How many employees does Butterfly Network have?

Butterfly Network has 330 employees as of Feb 6, 2024.

Butterfly Network - Classification

Industry
  • Hardware
Ownership
  • Public
Technology
  • AI
Geographic Exposure
  • Global
Revenue
  • Recurring
Customer
  • Enterprise
Main Product
  • Medical Imaging
Tags
  • Healthtech
Unique IDs
  • ein: 000000000
  • secCik: 0001804176
  • ticker: BFLY
NAICS
  • 334500Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
  • 334510Navigational, Measuring, Electromedical, and Control Instruments Manufacturing
  • 334517Irradiation Apparatus Manufacturing
  • 330000Manufacturing
  • 334000Computer and Electronic Product Manufacturing
SIC
  • 3840Surgical, Medical, And Dental Instruments And Supplies
  • 3844X-ray Apparatus And Tubes And Related Irradiation Apparatus
ISIC
  • 2660Manufacture of irradiation, electromedical and electrotherapeutic equipment
Show 20 more industry codes
NAICS
  • 320000Manufacturing
  • 325400Pharmaceutical and Medicine Manufacturing
  • 513200Software Publishers
  • 510000Information
  • 620000Health Care and Social Assistance
  • 325000Chemical Manufacturing
  • 513000Publishing Industries
  • 623000Nursing and Residential Care Facilities
  • 325410Pharmaceutical and Medicine Manufacturing
  • 513210Software Publishers
SIC
  • 3900Miscellaneous Manufacturing Industries
  • 5000Wholesale Trade-durable Goods
  • 7300Business Services
  • 8000Health Services
  • 5040Professional And Commercial Equipment And Supplies
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 8040Offices And Clinics Of Other Health Practitioners
  • 5047Medical, Dental, And Hospital Equipment And Supplies
  • 7372Prepackaged Software
  • 8049Offices And Clinics Of Health Practitioners, Not Elsewhere Classified