Butterfly Network, Inc. (BFLY)

Digital health company democratizing medical imaging with handheld ultrasound technology.

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Butterfly Network, Inc., a pioneering digital health company headquartered in Guilford, Connecticut, specializes in the development, manufacturing, and global distribution of innovative ultrasound imaging solutions. At the forefront of its offerings is the Butterfly iQ, a groundbreaking handheld ultrasound system that integrates seamlessly into clinical workflows, enabling comprehensive whole-body imaging with a single probe. Complementing this is the Butterfly iQ+, a versatile point-of-care ultrasound device that connects to smartphones, tablets, and hospital computer systems, enhancing accessibility and diagnostic capabilities across healthcare settings.

The company's commitment to advancing healthcare extends to its Butterfly Blueprint platform, which features Compass software designed to integrate seamlessly into healthcare systems' clinical and administrative infrastructure. This system-wide ultrasound solution empowers healthcare providers with enhanced diagnostic tools and operational efficiencies. Butterfly Network also provides a comprehensive range of ultrasound systems, probes, accessories, and software subscriptions through direct sales, distributors, and an eCommerce channel.

Butterfly Network goes beyond hardware solutions by offering cloud-based software solutions that support healthcare systems, including teleguidance, in-app educational tutorials, and formal education programs through its Butterfly Academy software. These initiatives are designed to empower healthcare professionals with the knowledge and tools needed to optimize patient care and outcomes. The company's commitment to clinical excellence is further underscored by its provision of robust clinical support and services.

Founded in 2011, Butterfly Network has rapidly emerged as a leader in digital health innovation, leveraging technology to democratize access to high-quality ultrasound imaging worldwide. Situated in Guilford, Connecticut, the company benefits from its strategic location within the healthcare and technology-rich Northeast corridor, driving continued growth and innovation in the field of medical imaging and beyond.

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