Butterfly Network

1600 District Ave. Burlington, MA 01803

Butterfly Network’s mission is to democratize healthcare by enabling universal access to superior medical imaging. We reinvented ultrasound technology by creating the world’s first handheld, single-probe whole-body ultrasound system: the Butterfly iQ. This breakthrough technology reduces the cost of the traditional ultrasound system by miniaturizing it onto a single semiconductor silicon chip. Butterfly harnesses the advantages of AI and cloud computing to deliver advanced imaging that is easy-to-use and built for the digital era.The Butterfly iQ and next-generation Butterfly iQ+ have received CE Mark and FDA clearance, and are being sold in hospitals and clinics around the globe.

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3

Overall Excellence Rating

Industry

AI and machine learning

Category

Biotech & Pharmaceuticals

ESG/Ethical Impact

At Butterfly, we are on a journey to democratize medical imaging and transform care delivery worldwide by bringing the power of ultrasound information and streamlined workflows into care settings and geographies never before considered. Underlying this ambition is recognition that today, two-thirds of the world does not have access to medical imaging,1 yet 80% of diagnostic dilemmas can be solved with simple imaging.2 We have the opportunity to make the world a more equitable place when it comes to accessing quality care – and to fulfill this, we are committed to developing workforce and operational practices that are sustainable and can enable long term positive contribution. To our Butterfly customers, patients, investors, employees, and partners – I want to share my enthusiasm for the opportunity to lead this momentous company and team. I am so honored to have joined Butterfly this year as president, chief executive officer, and chairman at a critical inflection point in the company’s history. Butterfly has a massive opportunity to improve the lives of people (and animals!) all over the world by empowering caregivers to assess and detect medical conditions earlier, more often, and in new care settings – from the hospital to the home, or anywhere care is needed. We have an incredibly compelling approach to making medical imaging continually easier to use by pairing our hardware and intuitive software with AI-enabled features and educational offerings. And with Ultrasound-on-ChipTM semiconductor technology, we have unique capability for continual and rapid innovation.

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Awards Received

2023

Revenues

$73,400,000.00

Website Traffic

Employee Rating

2.8

Customer Rating

3

Company Size

100-1000

ESG Risk Rating

2

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