Company
Butterfly Network
Butterfly Network develops AI-powered handheld ultrasound technology, including the [Butterfly iQ+](/models/butterfly-ai-ultrasound) and Butterfly iQ3 probes…
- Founded
- 2011
- HQ
- Burlington, MA, USA
- Funding
- $1.0B
- Models
- 2
- Deployments
- 1
Verified profile
1
Sources on record
0
Tracked changes
Updated recently
Last verified change
Overview
Butterfly Network develops AI-powered handheld ultrasound technology, including the Butterfly iQ+ and Butterfly iQ3 probes that enable whole-body imaging from a single semiconductor-based device. Founded in 2011 by Dr. Jonathan Rothberg, the company went public via a $1.5B SPAC merger with Longview Acquisition Corp. in February 2021 and trades on NYSE under BFLY. The company has received multiple FDA clearances for AI-powered ultrasound tools and deploys across health systems including Atrium Health and Hennepin EMS.
Verified record
- Verified deployments
- 1 deployment on file
- Active incidents
- 2 incidents on file
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Analyst-grade signals, competitive tracking, and investment context across the global physical AI landscape. Launching 2026.
Models (2)
View all models →Current platform
Butterfly iQ+
The Butterfly iQ+ is a handheld, single-probe whole-body ultrasound system that uses patented Ultrasound-on-Chip semiconductor technology. It connects to a smartphone and is FDA-cleared for 13 clinical applications including cardiac, abdominal, lung, vascular, and obstetric imaging.
Current platform
Butterfly AI Ultrasound
Relationships
Current leadership (4)
- Jonathan Rothberg Founder & Board Directorreported, not verified
- Joseph M. DeVivo President, CEO & Chairmanreported, not verified
- Nevada Sanchez Co-Founder and VP of Core Technology Engineeringreported, not verified
- Tyler S. Ralston Co-Founderreported, not verified
Founders (3)
- Jonathan Rothbergcofounderno longer at company
- Nevada Sanchezcofounder
- Tyler S. Ralstoncofounderno longer at company
Safety record
1 recall and 1 incident on record (1 moderate, 1 minor). Most recent: Mar 2026.
Most recent: Mar 2026
Only active incidents are counted. Retracted incidents are excluded from this summary but remain reachable at their canonical URLs.
Incidents affecting Butterfly Network (2)
- Butterfly Network receives FDA clearance for AI ultrasound fetal biometric tool2026-03-30 · Regulatory action
Includes incidents linked directly to this company, to its models, or to deployments of its models or under its operation. Retracted incidents are excluded from this view but remain reachable at their canonical URLs.
Operated deployments (1)
- Butterfly AI UltrasoundCharlotte, North Carolina, USA
Operator customers (1)
- Butterfly Network1 deployment
Recent coverage
Butterfly Network in third-party press
Peer companies
Financial state
- Reporting basis
- private_reported
- Revenue disclosed
- $97600000 (private_reported)
- Lifecycle stage
- growth
- Counterparty risk class
- low
Each numeric field carries its own basis marker. Aggregators report a number; this surface preserves the source class so verification depth travels with the value.
Partnerships (1)
- Butterfly Network x Bill and Melinda Gates Foundation with Bill and Melinda Gates Foundationdeployment
Funding rounds (4)
- IPO2021-02-16
$400M(reported)
Investors: Longview Acquisition Corp (Glenview Capital) (lead), Longview Acquisition Corp, Baillie Gifford, Bill and Melinda Gates Foundation, Fosun Industrial Co
- IPO2021-02-12
$280M(reported)
Investors: Longview Acquisition Corp
- Series D2018-09-01
$250M(reported)
Investors: Fidelity, Fosun Pharma, Bill and Melinda Gates Foundation, Jamie Dinan
- Series C2017-02-01
$100M(reported)
Investors: Jonathan Rothberg, 4Catalyzer
Sources (1)
Common questions
- What is Butterfly Network?
- Butterfly Network develops AI-powered handheld ultrasound technology, including the Butterfly iQ+ and Butterfly iQ3 probes that enable whole-body imaging from a single semiconductor-based device. Founded in 2011 by Dr. Jonathan Rothberg, the company went public via a $1.5B SPAC merger with Longview Acquisition Corp. in February 2021 and trades on NYSE under BFLY. The company has received multiple FDA clearances for AI-powered ultrasound tools and deploys across health systems including Atrium Health and Hennepin EMS.
- Where is Butterfly Network based?
- Butterfly Network is based in Burlington, MA, USA.
- When was Butterfly Network founded?
- Butterfly Network was founded in 2011.
- What does Butterfly Network make?
- Butterfly Network has 2 robot models on the DEPLOY registry: Butterfly iQ+, Butterfly AI Ultrasound (Butterfly Network builds physical robots).
- Where does Butterfly Network operate robots?
- Butterfly Network operates 1 verified deployment, including at Charlotte, North Carolina, USA.
- Are there any incidents involving Butterfly Network?
- 2 active incidents involving Butterfly Network are on the DEPLOY registry. Each is a sourced, append-only record; retracted incidents are suppressed from this view.
- Is Butterfly Network safe?
- Butterfly Network has 2 active incidents on record in the DEPLOY registry. 1 recall and 1 incident on record (1 moderate, 1 minor). Most recent: Mar 2026. Retracted incidents are excluded from this count.
Methodology: Verified · 1 source (no primary) · last reviewed 2026-07-03
Verification posture
Verified
Medium confidence
Review state
Stable
Last reviewed 2026-07-03
Sources by quality tier
- 1
- secondary-established-publication
- Established publication
The framework is documented at /methodology. Corrections at /corrections. Reviewer: DEPLOY editorial team.
Methodology surface for Butterfly Network.In the press
Recent coverage mentioning Butterfly Network from third-party publications. Automatically surfaced; not part of the verified registry record.
Butterfly Network Secures First FDA Clearance for Blind Sweep Ultrasound AI Tool
Butterfly received FDA clearance for a fully automated Gestational Age Tool integrated into its handheld ultrasound, a milestone for women's health.
Butterfly Network gets FDA clearance for AI ultrasound pregnancy tool
FDA cleared Butterfly Network's AI ultrasound tool for fetal biometric measurements. 21M+ images. Under 2 minutes.
Butterfly Network Reports Fourth Quarter 2025 Financial Results
Butterfly reported record Q4 revenue of 31.5M USD with 41 percent YoY growth and positive net cash flow.
Butterfly Network Secures First FDA Clearance for Blind Sweep Ultrasound AI Tool
Butterfly Network received the first FDA clearance for a blind-sweep ultrasound AI tool for estimating gestational age, integrated into its handheld ultrasound solution.
Butterfly Network Reports Fourth Quarter 2024 Financial Results
Butterfly Network reported Q4 2024 total revenue of $22.4 million, up 35% year-over-year, with US revenue of $14.5 million.
Butterfly Announces FDA Clearance of its Next-Gen Handheld Ultrasound Butterfly iQ3
Butterfly Network received FDA clearance for the Butterfly iQ3, its next-generation handheld ultrasound with improved image quality and new digital imaging modes.
Butterfly Network Names Joseph M. DeVivo as President and Chief Executive Officer
Butterfly appointed health tech executive Joseph DeVivo as CEO and Chairman, bringing over 35 years of medtech leadership experience.
Butterfly Network Distributes 500 Butterfly iQ+ Devices to Healthcare Workers in Kenya
Butterfly deployed 500 iQ+ devices to healthcare workers in Kenya as part of a 5M USD Gates Foundation grant to expand medical imaging access in Sub-Saharan Africa.
Mintz Represents Butterfly Network in 1.5B USD SPAC Deal
Butterfly Network merged with Longview Acquisition Corp in a SPAC deal valuing the company at approximately 1.5B USD ahead of its NYSE listing.
Atrium Health and Butterfly Network Drive Innovation in Medical Imaging During COVID-19 Battle
Atrium Health deployed a large fleet of Butterfly iQ devices used to perform thousands of scans during the COVID-19 pandemic.
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