Butterfly Network is a publicly traded digital health company (NYSE: BFLY) that makes AI-powered handheld point-of-care ultrasound devices built on its proprietary Ultrasound-on-Chip™ semiconductor technology, replacing traditional multi-probe cart systems with a single pocket-sized probe that connects to any iPhone or Android device. Its flagship devices, the iQ+ and iQ3, support whole-body imaging across 20+ clinical presets covering cardiac, abdominal, lung, vascular, musculoskeletal, obstetric, and procedural applications. Key AI features include real-time image acquisition guidance, Auto Bladder Volume, Auto B-Lines for lung assessment, anatomy identification tools, ScanLab for AI-powered training and credentialing, and CompassAI — an enterprise software platform with ambient voice documentation, automated QA, and EHR/PACS integration for health system POCUS programs. It is designed for individual clinicians, medical students, and large health systems alike, with over 150,000 devices deployed worldwide at institutions including Mayo Clinic, Stanford Medicine, and Mount Sinai. Hardware starts at $2,699 for the iQ+, with an annual membership subscription required to unlock AI features, advanced imaging modes, and cloud storage. Enterprise pricing is custom-quoted.
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