Butterfly Network

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.

References

https://en.wikipedia.org/wiki/Butterfly_network

https://in.investing.com/equities/longview-acquisition

https://www.comparably.com/companies/vision/mission

https://www.crunchbase.com/organization/butterfly-network

https://finance.yahoo.com/quote/BFLY/

https://www.butterflynetwork.com

https://sec.report/CIK/0001804176

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