Butterfly Network logo — company profile

Butterfly Network

Founded 2011 Grant Total: $530.00M Health Care

General Information

Company Name Butterfly Network
Founded Year 2011
Industries Health Care
Funding Stage Grant
Social

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About Butterfly Network

Butterfly Network is a pioneering startup in the healthcare industry, founded in 2011. The company has developed the world's first handheld, single-probe whole-body ultrasound system, utilizing its patented Ultrasound-on-Chip™ semiconductor technology. Their mission revolves around enhancing accessibility to medical imaging, particularly targeting the 4.7 billion individuals globally who lack access to ultrasound. Their commitment extends to advancing global health equity. The latest milestone in Butterfly Network's journey is marked by a significant $5.00M grant investment on 09 March 2022, coming from the renowned Bill & Melinda Gates Foundation. This investment signifies a pivotal moment for the company as they strive to lead the charge towards earlier detection and remote management of health conditions on a global scale.

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Grant •••••• 1
Investor
09 Mar 2022
Post-IPO Equity •••••• 7
Investor Investor Investor Investor
•••• ••••
16 Feb 2021
Series D •••••• 2
Investor
•••• ••••
27 Sep 2018
Venture Round •••••• - 02 Nov 2014
Seed Round •••••• - 01 Jan 2011

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FAQ About Butterfly Network

Butterfly has developed the first handheld, single-probe whole-body ultrasound system, leveraging its patented Ultrasound-on-Chip™ semiconductor technology. Butterfly's goal is to make medical imaging more accessible and support global health equity, especially for the 4.7 billion people worldwide w...
Butterfly Network was founded in 2011.
Butterfly Network operates in the following industries: Health Care.
Butterfly Network has completed 5 funding rounds, raising a total of $530.00M. The latest funding stage is Grant.
Top alternatives and competitors to Butterfly Network include Butterfly Health, DiA Imaging Analysis - acquired by Philips, Butterfly Protocol, iSono Health, Liminal Sciences, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Butterfly Network and Butterfly Health are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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