Butterfly Network
Medical imaging company
- 201-500 employees
- Healthcare
- B2B
- Enterprise
- Marketplace
- MedTech
- Burlington, MA
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Company mission
To democratize healthcare by making medical imaging accessible to everyone around the world.
23% employee growth in 12 months
Our take
Ultrasound machines are invaluable tools for clinicians, but remain inaccessible to many. This is due to existing machines relying on quartz-powered transducers and other specialized components, resulting in them being very large and expensive. Butterfly Network builds inexpensive and compact ultrasound technology in order to increase access to clinics across the US.
The company's device is around the same size as an electric razor, a design made possible by storing the ultrasound technology on a chip as opposed to a semi-conductor. Whilst Butterfly Network has not innovated the ultrasound process itself, it has found a unique gap in the market with this approach.
In addition to the device, Butterfly Network supplies image interpretation for a monthly cost. It also operates ''Butterfly Garden'', where medical device companies, virtual care companies, and AI developers can access its software development kit. This enables new applications to be created that support the innovation of ultrasound technology.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- HSA for out-of-pocket expenses, plus other pre-tax savings like the Dependent Care Account (DCA)
- Life insurance and disability coverage for you and your family
- Pre-tax or post-tax 401(k) contributions (company match vests immediately)
- Recognition program and other rewards
- Parental leave and support for employees during pregnancy loss
- Flexible (reasonable) PTO, along with 10 US holidays observed each year
- Birthday PTO
- Hybrid work model for most positions
- Offices designed for collaboration, with comfortable workspaces, stocked kitchens, and opportunities to connect with peers
- 100% coverage for medical, dental, and vision (flexible buy-up plans with employee contributions)
- Employee stock purchase plan
- Opportunity to build a revolutionary healthcare product and save millions of lives!
Funding (last 2 of 3 rounds)
Mar 2022
$5m
GRANT
Sep 2018
$250m
SERIES D
Total funding: $355m
This company has top investors
Leadership
Jonathan Rothberg
(Founder, Chair & Product Architect)They studied at Carnegie Mellon before a Ph.D. at Yale and founding CuraGen Corporation, 454 Life Sciences, Clarifi, and RainDance, and Ion Torrent. In January 2011 they used this medical and entrepreneurial experience to found Butterfly Network.
Jobs (4)
Software Engineering
Other Engineering