# Butterfly Health

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/butterfly-health

- Industry: Consumer Products
- Headquarters: Los Gatos, US
- Website: www.butterfly.com
- Total disclosed funding: $5.6M
- Latest round: Series B (Aug 30, 2013)
- Investors on record: 1

## About

Butterfly Health, Inc. is a healthcare technology firm focused on revolutionizing patient care through advanced digital health solutions that enhance the delivery of healthcare services.Butterfly Health, Inc. operates in the healthcare technology sector, providing innovative solutions for patient care. Founded in 2012 and headquartered in Los Gatos, US, the company has been involved in 5 deals, with the most recent deal occurring on June 27, 2016, when Domtar Corporation acquired Butterfly Health. The company has raised a total of USD 2.77 mn through funding rounds, with the latest being a VENTURE DEBT round amounting to USD 3.06 mn.Butterfly Health specializes in digital health technologies aimed at improving patient outcomes. Their offerings include telehealth platforms and patient engagement tools that streamline communication and enhance healthcare services for patients and providers alike. The firm serves a variety of healthcare sectors across North America, Europe, and Asia, supporting healthcare providers in delivering efficient and effective care through their innovative solutions.Butterfly Health generates revenue through the provision of healthcare technology solutions, primarily through subscription-based services and transaction fees associated with their digital platforms. Their business model focuses on enabling healthcare providers to improve operational efficiency while enhancing patient engagement and satisfaction.Looking ahead, Butterfly Health plans to enhance its product lineup with new digital health solutions aimed at improving patient engagement and streamlining care delivery. The company is targeting expansion into additional markets in Europe and Asia by 2024. The recent VENTURE DEBT funding will support these initiatives, allowing for further development of their digital health services and strategic marketing efforts to increase market presence.

## Funding rounds

- Series B, Aug 30, 2013, $2.8M — Canaan Partners
- Series B, Jul 30, 2013, $2.8M — Canaan Partners

## Investors

- Canaan Partners (https://capitalatlas.ai/funds/canaan-partners) — Series B