Butterfly Network

Burlington, Massachusetts, USA  All United States companies → — Founded 2011
Imaging AI Specialist Medical Device / Hardware Point-of-Care Diagnostics
Critical Care Emergency Medicine Maternal-Fetal Medicine Obstetrics & Gynecology
Clinical Decision Support & Reference OB/GYN AI Radiology & Imaging AI
Public (NYSE: BFLY) — $605.6 million
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Products

AI-enabled Ultrasound Technology (licensed to Butterfly Network)
Butterfly Network
Clinical Decision Support & Reference
An FDA-cleared AI-enabled ultrasound technology that estimates fetal gestational age from standardized 'blind sweep' ultrasound videos, expanding access to essential obstetric care.
Starts at $2,699 for the handheld probe, plus a required membership subscription.
Auto 3D Bladder Volume Tool
Butterfly Network
Radiology & Imaging AI
The Butterfly Auto 3D Bladder Volume Tool is an AI-powered software application integrated with Butterfly Network's handheld ultrasound systems, providing automated, non-invasive 3D bladder volume measurements for diagnostic support in adults.
Subscription-based
Butterfly iQ/iQ+ Ultrasound System
Butterfly Network
Clinical Decision Support & Reference
The Butterfly iQ/iQ+ is a handheld, single-probe, whole-body ultrasound system leveraging Ultrasound-on-Chip™ technology and AI-powered tools for accessible, high-quality diagnostic imaging on mobile devices.
Device purchase + mandatory annual subscription.

See all 4 products →

About Butterfly Network

Butterfly Network is a pioneering digital health company dedicated to transforming medical imaging through its innovative handheld, whole-body ultrasound system. Founded in 2011, the company’s core offering, the Butterfly iQ (and its subsequent generations like iQ+ and iQ3), utilizes proprietary Ultrasound-on-Chip™ semiconductor technology. This breakthrough enables a single, pocket-sized probe to perform comprehensive imaging across various anatomical regions, a significant departure from traditional, bulky, and expensive ultrasound machines.

For physicians, Butterfly Network’s technology aims to democratize access to high-quality ultrasound at the point of care (POCUS), integrating seamlessly with smartphones and tablets. This facilitates immediate diagnostic information, streamlines clinical workflows, and enhances efficiency across diverse specialties, including emergency medicine, obstetrics, cardiology, and primary care. Beyond hardware, Butterfly Network provides AI-powered software solutions like Compass AI™ for workflow management and ScanLab for educational purposes, further supporting clinical decision-making and training. The company is committed to improving global health equity by making advanced imaging affordable and accessible, particularly in underserved communities, and is actively exploring new applications and AI-driven tools to enhance care delivery and develop new biomarkers.

Focus Areas

Medical imaging ultrasound point-of-care ultrasound (POCUS) semiconductor technology artificial intelligence (AI) digital health global health equity obstetrics cardiac care vascular health emergency medicine medical education

Business Intelligence

Key InvestorsBaillie Gifford, Bill & Melinda Gates Foundation, Fidelity, Fosun Industrial Co., Limited (Fosun Pharma), Glenview Capital Management, Tenet Healthcare, UPMC Enterprises, Eldridge, Ridgeback, Wellington Management, Stanford University, Aeris Capital, Jamie Dinan
PartnershipsUltraSight (for AI real-time cardiac guidance), Midjourney, Inc. (co-development and licensing), various NGOs for global health initiatives, Butterfly Garden (AI Marketplace for third-party developers)
AcquisitionsMerged with Longview Acquisition Corp. (SPAC) to go public in 2021
TechnologyUltrasound-on-Chip™ semiconductor technology, fully electronic 2D capacitive micromachined ultrasonic transducer (CMUT) array, software-defined beam steering, cloud-based software, AI operating system (Compass AI), Software Development Kit (SDK) and Application Programming Interface (API) for developers
FDA ClearancesAt least 4 cleared products (estimated)

What Physicians Need to Know

Medical Imaging & POCUS
Butterfly Network specializes in transforming point-of-care ultrasound (POCUS) with handheld, whole-body ultrasound devices (iQ, iQ+, iQ3) that replace bulky, expensive cart-based systems. These devices enable seamless integration of ultrasound into daily assessments, diagnoses, and treatments, offering real-time imaging and 3D capabilities.
Semiconductor Technology
Their core innovation is the proprietary Ultrasound-on-Chipu2122 technology, which uses a single silicon chip with a CMUT (capacitive micromachined ultrasonic transducer) array of approximately 9,000 elements. This replaces traditional piezoelectric crystals, allowing for a single probe to perform whole-body imaging across a wide frequency range and multiple imaging modes.
Artificial Intelligence (AI)
Butterfly integrates cutting-edge AI across its platform, including AI-powered features in its devices and the Compass AIu2122 enterprise workflow software. This includes an AI-enhanced, encounter-based workflow for POCUS, ambient voice dictation (Documentation Agent) to cut charting time, AI-powered image review and feedback (QA Agent), and an AI-powered gestational age calculator. The 'Butterfly Garden' also fosters third-party AI app development.
Digital Health & Cloud Solutions
Butterfly offers a comprehensive digital health ecosystem centered around the Butterfly Cloud, a HIPAA-compliant, cloud-based platform. This enables secure image storage, real-time collaboration, and seamless integration with existing hospital information systems (EHRs, PACS). The mobile app allows clinicians to access and review images from anywhere.
Global Health Equity
A key mission is to democratize healthcare by making high-quality medical imaging universally accessible and affordable. Butterfly actively works to address the global imaging gap, particularly in underserved communities, through initiatives like distributing discounted devices and training in sub-Saharan Africa for maternal and fetal health programs.
Clinical Specialties
The versatile POCUS devices and AI-powered software support a wide range of clinical applications, including obstetrics (e.g., gestational age calculation), cardiac care, vascular health (e.g., DVT detection), emergency medicine (e.g., lung and cardiac assessment, vascular access), anesthesiology, primary care, critical care, and MSK.
Medical Education
Butterfly provides a holistic POCUS education suite, including Butterfly Academy (curated courses), ScanLabu2122 (an AI-guided ultrasound training app), and Butterfly Certifiedu2122 (expert-led clinical training). Their technology is used in over 81% of medical schools and more than 540 residency programs nationwide, supporting curriculum development and proficiency tracking.
Physician Tip

For physicians, Butterfly Network's technology stands out by offering unparalleled portability and versatility with a single, handheld probe that fits in a lab coat pocket, allowing for bedside imaging across various specialties. The integrated AI, particularly through Compass AIu2122, streamlines workflows by automating documentation, providing AI-powered image review for quality assurance, and offering real-time feedback, which can significantly reduce charting time and improve documentation compliance. This leads to faster diagnoses, more efficient patient care, and enhanced collaboration with colleagues through secure image sharing. Furthermore, the comprehensive educational resources, including AI-guided training, accelerate POCUS proficiency, making advanced imaging more accessible to a broader range of clinicians.

Butterfly Network's ecosystem is designed for seamless integration into existing healthcare IT environments. The Butterfly Cloud, built on AWS, supports interoperability with Electronic Health Records (EHRs), Picture Archiving and Communication Systems (PACS), and Single Sign-On (SSO) via DICOM and HL7 standards. This allows for centralized image storage, streamlined data management, and efficient sharing of clinical results. Additionally, the 'Butterfly Garden' provides an SDK and API access for third-party developers to build and integrate AI-powered applications, expanding the functionality and utility of Butterfly devices within a health system.

Products by Butterfly Network

4 products in the directory

AI-enabled Ultrasound Technology (licensed to Butterfly Network)
Butterfly Network
Clinical Decision Support & Reference
An FDA-cleared AI-enabled ultrasound technology that estimates fetal gestational age from standardized 'blind sweep' ultrasound videos, expanding access to essential obstetric care.
Starts at $2,699 for the handheld probe, plus a required membership subscription.
Auto 3D Bladder Volume Tool
Butterfly Network
Radiology & Imaging AI
The Butterfly Auto 3D Bladder Volume Tool is an AI-powered software application integrated with Butterfly Network's handheld ultrasound systems, providing automated, non-invasive 3D bladder volume measurements for diagnostic support in adults.
Subscription-based
Butterfly iQ/iQ+ Ultrasound System
Butterfly Network
Clinical Decision Support & Reference
The Butterfly iQ/iQ+ is a handheld, single-probe, whole-body ultrasound system leveraging Ultrasound-on-Chip™ technology and AI-powered tools for accessible, high-quality diagnostic imaging on mobile devices.
Device purchase + mandatory annual subscription.
Butterfly iQ3 Ultrasound System
Butterfly Network
Clinical Decision Support & Reference
The Butterfly iQ3 is a handheld, whole-body ultrasound system featuring advanced Ultrasound-on-Chip™ technology, AI-powered tools, and seamless mobile integration for enhanced diagnostic confidence and streamlined workflows at the point of care.
Paid, subscription required

What the Web Says

Butterfly Network is generally viewed as an innovative company with a revolutionary product in the handheld ultrasound market. The Butterfly iQ and iQ+ probes are praised for their portability, ease of use, and ability to provide whole-body imaging with a single probe, making ultrasound more accessible in various healthcare settings. However, some concerns exist regarding image quality compared to traditional cart-based machines and the cost of the device and its associated subscription for cloud storage. As an employer, reviews are mixed, with some highlighting a positive work environment and motivated colleagues, while others point to issues with leadership, diversity, and career advancement.

Overall: Mixed

Strengths

  • Portable, handheld, and durable ultrasound probe (Butterfly iQ/iQ+)
  • Whole-body imaging with a single probe due to silicon chip-based technology
  • User-friendly interface and app
  • Increases accessibility to ultrasound in various care settings, including remote areas
  • Ability to securely store and share images with other clinicians and integrate with EMRs
  • Potential to improve patient outcomes and reduce hospital visits

Limitations

  • Image quality may not be as good as traditional cart-based ultrasound machines
  • Cost of the device and the associated subscription for cloud storage can be a deterrent
  • User account system and login process can be clunky and error-prone for shared devices
  • Lack of diversity and clear career ladder within the company (employer review)
  • Concerns about leadership and management (employer review)
  • Probe has a large footprint, which can be a limitation for certain uses like cardiac ultrasounds

Based on reviews from: Capterra, Elion, Reddit, Indeed.com, NICE, Zebra Medical, MDEdge, TrialX, YouTube, G2, Built In, ZipRecruiter, ResponsibilityReports.com

Last updated: 2026-07-18

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Press & Coverage

Butterfly Network Investor Relations
Butterfly Network to Report Second Quarter 2026 Financial Results on July 30, 2026
Butterfly Network announced it will report its second quarter 2026 financial results on Thursday, July 30, 2026. Joseph DeVivo, CEO, and John Doherty, CFO, will host a conference call and webcast to discuss the financial performance and operational progress.
2026-07
Butterfly Network Investor Relations
Butterfly Network Expands its Handheld Ultrasound Availability into Brazil
Butterfly Network announced the commercial availability of its Butterfly iQ+ and iQ3 handheld ultrasound devices and mobile application in Brazil. This expansion aims to launch devices into health systems and address gaps in care for rural communities.
2026-07
Butterfly Network Investor Relations
Butterfly Network's Embeddedu2122 Partner Aleph Neuro Unveils Stunning Brain Images
Butterfly Network's Embeddedu2122 partner, Aleph Neuro, unveiled stunning brain images, showcasing the capabilities of their collaboration. This highlights the potential of Butterfly's technology in new applications.
2026-06
Butterfly Network Investor Relations
Butterfly Network Provides Commentary on Midjourney Medical's Full Body Ultrasound Scanner Announcement
Butterfly Network provided commentary on Midjourney Medical's announcement of a full-body tomographic imaging machine, The Midjourney Scanner, which incorporates Butterfly's Ultrasound-on-Chipu2122 imaging modules. This collaboration aims to democratize access to personal imaging data.
2026-06
Butterfly Network Investor Relations
Butterfly Network Secures First FDA Clearance for Blind Sweep Ultrasound AI Tool, Marking a Major Stride for Women's Health
Butterfly Network received FDA clearance for a fully automated Gestational Age (GA) Tool integrated into its handheld ultrasound solution, marking the first FDA-cleared blind-sweep ultrasound AI tool for estimating gestational age. This tool aims to provide critical information for timely prenatal care and reduce maternal and fetal mortality.
2026-03
MedTech Dive
With ultrasound on a chip, Butterfly Network aims for global reach
Butterfly Network, which develops handheld imaging machines, aims to make its chip-based ultrasound technology widely accessible and affordable with its pricing and AI features. The company's CEO, Joe DeVivo, emphasizes making ultrasound low cost, mobile, and easy to use to expand access to more patients.
2026-04
Imaging Technology News
Butterfly Network Extends Proprietary 3D Imaging Capabilities to Developers
Butterfly Network announced plans to release its Beam Steering API, allowing third-party access to its digital 3D beam steering capabilities for advanced AI application and technology development within its Butterfly Garden and Ultrasound-on-Chip co-development programs. This initiative aims to empower more advanced tools that simplify image acquisition.
2026-01
Business Wire
Rutgers Robert Wood Johnson Medical School Study Published in JAMA Confirms Butterfly-Enabled POCUS Program Heavily Focused on LUNG US with AI Assistance Reduces Stay and Cost
A study published in JAMA, led by Rutgers Robert Wood Johnson Medical School and supported by Butterfly Network, found that a Butterfly-enabled POCUS program with AI assistance for lung ultrasound was associated with a 30% reduction in hospital length of stay and significant cost savings for patients admitted with undifferentiated dyspnea.
2025-09

Frequently Asked Questions

Butterfly Network's devices, such as the Butterfly iQ3, utilize proprietary Ultrasound-on-Chipu2122 semiconductor technology, replacing traditional piezoelectric crystals with a single silicon chip for whole-body imaging. This innovation enables a portable, handheld form factor and integrates AI-powered tools like iQ Slice, iQ Fan, Auto Bladder Volume, and NeedleViz to enhance image acquisition, interpretation, and workflow efficiency.
Butterfly iQ+ and iQ3 are indicated for a broad range of clinical applications, including obstetrics, cardiac, vascular, abdominal, lung, urology, musculoskeletal, and emergency medicine, serving both adult and pediatric patients. Their handheld design, ease of use, and integration with mobile devices facilitate widespread POCUS adoption, allowing clinicians to perform diagnostic imaging and procedural guidance directly at the point of care.
Butterfly Network is HIPAA and HITECH compliant, holds SOC 2 certification, and adheres to GDPR requirements, with annual third-party penetration testing and robust data encryption in the Butterfly Cloud. They offer comprehensive educational resources through Butterfly Academy, Butterfly Certified training, and the AI-guided ScanLab app to support POCUS education and credentialing for healthcare providers.
Butterfly Network is committed to democratizing medical imaging by making high-quality ultrasound affordable and accessible, particularly for the 4.7 billion people globally lacking access. They achieve this through their Global Health program, offering discounted devices, software, and training, and partnering with organizations like the Clinton Health Access Initiative and the Global Ultrasound Institute for large-scale deployments and training in regions like Sub-Saharan Africa.
Butterfly Network's devices, such as the iQ3, typically sell for a significantly lower price point (e.g., $2,500 - $4,699) compared to traditional cart-based ultrasound machines which can cost tens of thousands of dollars. They utilize a hybrid business model combining device sales with recurring subscription fees for software, AI features, and educational content, making advanced imaging more economically accessible.
Butterfly Network, founded in 2011 and publicly traded since 2021, reported record revenue and its first quarter of positive operating cash flow in Q4 2025, with management targeting cash flow breakeven by late 2027. The company has strategic partnerships with AI developers like Caption Health and UltraSight, and has formed Octiv to explore new applications for its Ultrasound-on-Chip technology, indicating a focus on expanding its platform and market reach.

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