1

Butterfly Network

#6179

Rank

$700.97M

Marketcap

US United States

Country

Butterfly Network
Leadership team

Dr. Andrei G. Stoica Ph.D. (Chief Technology Officer)

Mr. Darius Shahida (Chief Strategy Officer & Chief Bus. Devel. Officer)

Dr. Jonathan M. Rothberg Ph.D. (Founder, Interim CEO & Chairman)

Products/ Services
Electronics, Health Care, Medical Device, Personal Health
Number of Employees
100 - 500
Headquarters
Burlington, Massachusetts, United States
Established
2011
Company Registration
SEC CIK number: 0001804176
Revenue
20M - 100M
Traded as
BFLY
Social Media
Overview
Location
Summary
Butterfly Network, Inc., a digital health company, develops, manufactures, and commercializes ultrasound imaging solutions in the United States and internationally. It offers Butterfly iQ, a handheld and single-probe whole body ultrasound system; Butterfly iQ+, a point-of-care ultrasound imaging device that connects with a smartphone, tablet, and hospital computer system; and Butterfly Blueprint, a system-wide ultrasound platform with Compass software that integrates into a healthcare system's clinical and administrative infrastructure. The company also provides Butterfly system, which includes probes, and related accessories and software subscriptions, to healthcare systems, physicians, and healthcare providers through a direct sales force, distributors, and eCommerce channel. In addition, it offers cloud-based software solutions to healthcare systems, teleguidance, in-app educational tutorials, and formal education programs through its Butterfly Academy software, as well as clinical support and services. Butterfly Network, Inc. was incorporated in 2011 and is headquartered in Guilford, Connecticut.
History

Butterfly Network was founded in 2011 by Dr. Jonathan Rothberg, a professor of electrical engineering and physics at Yale University. He invented a new type of imaging technology called mass-transit ion mobility spectrometry (MTIMS) that can be used to create 3D images of organs and tissue. Rothberg joined forces with engineers, clinicians, and data scientists to develop Butterfly Network's handheld ultrasound device, the Butterfly iQ, which was released in 2017.

Mission
Butterfly Network's mission is to improve global healthcare and make ultrasound accessible to everyone. The company believes that their technology can provide an innovative platform that will transform healthcare and reduce costs for everyone.
Vision
Butterfly Network seeks to revolutionize healthcare by providing an AI-powered digital health platform that can make medical imaging more accessible and cost-effective. This platform will enable healthcare professionals to easily and quickly diagnose health conditions, helping to reduce diagnosis times, improve patient care, and improve overall health outcomes.
Key Team

Dr. Todd M. Fruchterman M.D., Ph.D. (Exec. Officer)

Ms. Tamara Dillon (Chief People Officer)

Ms. Heather C. Getz CPA, M.B.A. (Exec. VP & CFO)

Dr. John Martin F.A.C.S., M.B.A., M.D. (Chief Medical Officer)

Mr. David H. Ramsey (Chief Information Officer)

Mr. Troy Quander (Sr. VP of Regulatory & Quality)

Mr. Larry Weiss (Chief Legal Officer & Corp. Sec.)

Recognition and Awards
Butterfly Network has received several awards, such as the Technology Pioneer Award from the World Economic Forum, Technology Award from the American Medical Association, and the Startup of the Year Award from Fast Company. It has been featured in major publications such as Forbes, The New York Times, and The Wall Street Journal. Additionally, it has partnered with the Mayo Clinic and Harvard Medical School.
References
Butterfly Network
Leadership team

Dr. Andrei G. Stoica Ph.D. (Chief Technology Officer)

Mr. Darius Shahida (Chief Strategy Officer & Chief Bus. Devel. Officer)

Dr. Jonathan M. Rothberg Ph.D. (Founder, Interim CEO & Chairman)

Products/ Services
Electronics, Health Care, Medical Device, Personal Health
Number of Employees
100 - 500
Headquarters
Burlington, Massachusetts, United States
Established
2011
Company Registration
SEC CIK number: 0001804176
Revenue
20M - 100M
Traded as
BFLY
Social Media