Butterfly Network

Explainers

Plain-language answers to the questions people ask about Butterfly Network, from DEPLOY’s explainer library. Each is written in the language of the question and cross-checked against this registry.

• What is the Butterfly iQ+?

  The Butterfly iQ+ is a handheld, single-probe whole-body ultrasound made by Butterfly Network. It uses the company's patented Ultrasound-on-Chip semiconductor instead of traditional crystals, connects to a smartphone, and is FDA-cleared for 13 clinical uses including cardiac, lung, abdominal, vascular, and obstetric imaging.

• How much does the Butterfly iQ+ cost?

  DEPLOY does not have a verified price for the Butterfly iQ+ on record. Butterfly Network sells it directly to clinicians and health systems rather than at a fixed public retail sticker, so treat any specific figure you see quoted as unverified until it is sourced to Butterfly.

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

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
• FDA Class 2 recall of Butterfly iQ Auto Bladder Volume Tool for lacking 510(k) clearance2020-02-24 · Recall

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

Peer companies

• Samsung Electronics4 models
• Abbott1 model
• Apple1 model
• Circular1 model
• Dexcom1 model
• Fitbit1 model

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)

1. https://www.reuters.com/business/healthcare-pharmaceuticals/butterfly-network-gets-fda-clearance-ai-ultrasound-pregnancy-tool-2026-03-30/ ↗

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.

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).

Is Butterfly Network publicly traded?

Butterfly Network is not yet publicly traded but is in the process of going public, per the DEPLOY registry.

Who competes with Butterfly Network?

On the DEPLOY registry, peer companies to Butterfly Network building in the same form factors include Samsung Electronics, Abbott, Apple, Circular.

Where is Butterfly Network headquartered?

Butterfly Network is headquartered in Burlington, MA, USA.