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Butterfly Network

Butterfly Network

Butterfly Network is a company developing and designing a medical imaging device for real-time and three-dimensional or 3D imaging and treatment.

OverviewStructured DataIssuesContributors

Contents

butterflynetwork.com
butterflynetinc.com
Is a
Company
Company
Organization
Organization

Company attributes

Industry
Radiology
Radiology
Engineering
Engineering
Health technology
Health technology
Healthcare
Healthcare
Electronics
Electronics
Medical Devices
Medical Devices
Ultrasound
Ultrasound
Medical device
Medical device
...
Location
New York City
New York City
0
Palo Alto, California
Palo Alto, California
0
San Francisco
San Francisco
Taoyuan District
Taoyuan District
0
Guilford, Connecticut
Guilford, Connecticut
0
Burlington, Massachusetts
Burlington, Massachusetts
0
B2X
B2B
B2B
CEO
Todd M. Fruchterman
Todd M. Fruchterman
Founder
Jonathan Rothberg (entrepreneur)
Jonathan Rothberg (entrepreneur)
Tyler Ralston
Tyler Ralston
Nevada Sanchez
Nevada Sanchez
AngelList URL
angel.co/butterfly-network
Pitchbook URL
pitchbook.com/profiles.../97867-27
Legal Name
Butterfly Network Inc.
Number of Employees (Ranges)
201 – 5000
Email Address
joinus@butterflynetinc.com
Phone Number
+18552966188
Full Address
530 Old Whitfield Steet, Guilford, CT, 06437, United States
CIK Number
1,616,683
Investors
CG Health Ventures
CG Health Ventures
Fidelity Investments
Fidelity Investments
Eldridge
Eldridge
Bill & Melinda Gates Foundation
Bill & Melinda Gates Foundation
Fidelity Ventures
Fidelity Ventures
Fosun Pharma
Fosun Pharma
4Catalyzer
4Catalyzer
Jonathan Rothberg (entrepreneur)
Jonathan Rothberg (entrepreneur)
...
Founded Date
2011
Total Funding Amount (USD)
350,000,000
Latest Funding Round Date
September 27, 2018
Competitors
Defibtech, Llc
Defibtech, Llc
SuperSonic Imagine
SuperSonic Imagine
Z-Medica
Z-Medica
‌
Diba Industries Inc.
Analogic
Analogic
Profound Medical Inc.
Profound Medical Inc.
‌
Centrix
‌
CooperSurgical
...
Business Model
Commerce
Stock Symbol
BFLY0
Exchange
New York Stock Exchange
New York Stock Exchange
0
CFO
Stephanie Fielding
Stephanie Fielding
Former CEO
Jonathan Rothberg (entrepreneur)
Jonathan Rothberg (entrepreneur)
Laurent Faracci
Laurent Faracci
Key People
Tyler Ralston
Tyler Ralston
Todd M. Fruchterman
Todd M. Fruchterman
Nevada Sanchez
Nevada Sanchez
Jonathan Rothberg (entrepreneur)
Jonathan Rothberg (entrepreneur)
Latest Funding Type
Series D
Series D
Latest Postmoney Valuation
1,250,000,000
Patents Assigned (Count)
6
Motto/Tagline
Ultrasound designed for the future.
Wellfound ID
butterfly-network
Country
United States
United States
Headquarters
Burlington, Massachusetts
Burlington, Massachusetts
0

Other attributes

Company Operating Status
Active
Strategic Partnerships
HTR Group
HTR Group
Contact Page URL
butterflynetwork.com/contact
Medium URL
medium.com/butterfly...work/about
Ticker Symbol
BFLY
Wikidata ID
Q28008694

Butterfly Network operates in industries such as electronics, healthcare, medical devices, personal health, and software. The company was founded in 2011 by Jonathan Rothberg, Nevada Sanchez, and Tyler Ralston in Guilford, Connecticut, United States.

The company has developed their Ultrasound-on-Chip technology that is meant to replace the Piezo crystal transducer systems of older ultrasonography equipment with a single silicon chip. They also offer their app which features nineteen presets and familiar touch interactions. Presets on the app can be set for examines such as cardiac, abdomen, bladder, aorta, gallbladder, lung, musculoskeletal, and more. There are three modes available for use including B-mode, M-mode, and color doppler. Gain and depth can be measured and recorded via the app, as well as measurements.

Data that is used through the Butterfly iQ app is AES 256-bit encrypted, and can be stored and encrypted in the Butterfly Cloud as well. Transit from the Butterfly iQ app to the Butterfly Cloud is protected by HTTPS, TLS 1.2 encryption. SOC II certification must be used in order to access your user data.

COVID-19

In conjunction with Atrium Health, Butterfly Network has provided a portable ultrasound device to assist in the screening and monitoring processes involved with COVID-19. Atrium Health has provided the point-of-care ultrasound (POCUS) device, and Butterfly Network is producing it. The device is called the Butterfly iQ, and it is the first portable, single-probe, whole-body ultrasound device. It connects to a smartphone or tablet via the app, which allows for exam room or home visit examinations.

Butterfly iQ devices allow doctors to screen and monitor COVID-19 patients by providing an immediate picture of the patient's lungs. The device can be used to provide various scans to collect data on where the disease has effect on patients. The devices are active at over thirty 'high-priority' locations, such as COVID-19 testing centers, emergency departments, and intensive care units. The use of the portable device allows for patients to avoid spreading infection through a hospital due to the need of an X-ray or CT scan.

Timeline

No Timeline data yet.

Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

Title
Author
Link
Type
Date

Butterfly Network - Crunchbase Company Profile & Funding

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

Web

Butterfly Network and Atrium Health Drive Innovation During COVID-19 Battle | Butterfly iQ

https://www.butterflynetwork.com/press-releases/atrium-health-and-butterfly-network-drive-innovation-in-medical-imaging-during-covid-19-battle

Web

COVID-19 lung ultrasound imaging: fighting together

https://www.butterflynetwork.com/covid-19

Web

One probe, whole-body imaging | Butterfly iQ

https://www.butterflynetwork.com/iq

Web

References

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