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Recursion Pharmaceuticals vs Butterfly Network

Side-by-side on valuation, funding, investors, founders & more

Comparison updated: April 2026

Butterfly Network leads in funding with $370M, well ahead of Recursion Pharmaceuticals's N/A.

Head-to-Head Verdict

Dead heat — tied on all comparable metrics

Recursion Pharmaceuticals

2 wins

+Valuation
-Awaira Score
+Team Size
-Experience

Butterfly Network

2 wins

-Valuation
+Awaira Score
-Team Size
+Experience

Key Numbers

Valuation
$1.8B
$957M
Total Funding
N/A
$370M
Awaira Score
65/100
85/100
Employees
800
500-1000
Founded
2013
2011
Stage
Public
Public
Recursion PharmaceuticalsButterfly Network
Recursion Pharmaceuticals logo
Recursion Pharmaceuticals

🇺🇸 United States · Chris Gibson

PublicAI HealthcareEst. 2013

Valuation

$1.8B

Total Funding

N/A

Awaira Score65/100

800 employees

Full Recursion Pharmaceuticals Profile →
Winner
Butterfly Network logo
Butterfly Network

🇺🇸 United States · John Martin

PublicAI HealthcareEst. 2011

Valuation

$957M

Total Funding

$370M

Awaira Score85/100

500-1000 employees

Full Butterfly Network Profile →
Market Context

This is a head-to-head contest: both operate in AI Healthcare and share a home market in United States. Both are at the Public stage, meaning they face similar scaling challenges and investor expectations.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

In the AI Healthcare market, Recursion Pharmaceuticals and Butterfly Network represent two distinct approaches. Recursion Pharmaceuticals is a computational biology company founded in 2013 that uses artificial intelligence and high-throughput screening to accelerate drug discovery and development. Butterfly Network produces the Butterfly iQ, a handheld ultrasound device powered by a proprietary semiconductor chip that replaces traditional piezoelectric transducer arrays with a single silicon chip capable of whole-body imaging.

Funding & Valuation

Recursion Pharmaceuticals ($1.8B) is valued slightly above Butterfly Network ($957M), keeping them in the same tier. Butterfly Network has raised $370M in disclosed funding.

Growth Stage

The founding gap is narrow: Butterfly Network in 2011 versus Recursion Pharmaceuticals in 2013. Both sit at the Public stage, suggesting similar risk profiles for potential investors. Headcount tells a story too: Recursion Pharmaceuticals has 800 employees and Butterfly Network has 500-1000.

Geography & Outlook

Both companies are headquartered in 🇺🇸 United States, competing for the same regional talent pool and customer base. Butterfly Network scores 85 on Awaira's composite index versus Recursion Pharmaceuticals's 65, a wide margin reflecting substantially stronger fundamentals. Under Chris Gibson and John Martin respectively, both companies continue to chart aggressive growth paths.

Funding Velocity

Recursion Pharmaceuticals

Total Rounds5
Avg. Round Size$60.9M
Funding Span7.2 yrs

Butterfly Network

Total Rounds5
Avg. Round Size$74M
Funding Span5.3 yrs

Funding History

Recursion Pharmaceuticals has completed 5 funding rounds, while Butterfly Network has gone through 5. Recursion Pharmaceuticals's most recent round was a IPO, compared to Butterfly Network's Series D ($148M). Both are currently at the Public stage.

Team & Scale

Team sizes are in the same ballpark: Recursion Pharmaceuticals has about 800 people and Butterfly Network has around 500-1000. They're close in age — Recursion Pharmaceuticals started in 2013 and Butterfly Network in 2011. Both are based in United States.

Metrics Comparison

MetricRecursion PharmaceuticalsButterfly Network
💰Valuation
$1.8BWINS
$957M
📈Total Funding
N/A
$370M
📅Founded
2013WINS
2011
🚀Stage
Public
Public
👥Employees
800
500-1000
🌍Country
United States
United States
🏷️Category
AI Healthcare
AI Healthcare
Awaira Score
65
85WINS

Key Differences

💰

Valuation gap: Recursion Pharmaceuticals is valued 1.9x higher ($1.8B vs $957M)

📅

Market experience: Butterfly Network has 2 years more (founded 2011 vs 2013)

👥

Team size: Recursion Pharmaceuticals has 800 employees vs Butterfly Network's 500-1000

⚔️

Direct competitors: Both operate in the AI Healthcare market segment

Awaira Score: Butterfly Network scores 85/100 vs Recursion Pharmaceuticals's 65/100

Which Should You Choose?

Use these signals to make the right call

Recursion Pharmaceuticals logo

Choose Recursion Pharmaceuticals if…

  • More established by valuation ($1.8B)
  • Recursion Pharmaceuticals is a computational biology company founded in 2013 that uses artificial intelligence and high-throughput screening to accelerate drug discovery and development
Butterfly Network logo

Choose Butterfly Network if…

Top Pick
  • Higher Awaira Score — 85/100 vs 65/100
  • Stronger investor backing — raised $370M
  • More market experience — founded in 2011
  • Butterfly Network produces the Butterfly iQ, a handheld ultrasound device powered by a proprietary semiconductor chip that replaces traditional piezoelectric transducer arrays with a single silicon chip capable of whole-body imaging

Funding History

Recursion Pharmaceuticals raised N/A across 5 rounds. Butterfly Network raised $370M across 5 rounds.

Recursion Pharmaceuticals

IPO

Apr 2021

Series D

Jan 2021

$121M

Series C

Jan 2018

$50M

Series B

Jan 2017

$60M

Series A

Jan 2014

$12.7M

Butterfly Network

Series D

Oct 2016

$148M

Series C

Jun 2015

$114.7M

Series B

Feb 2014

$66.6M

Series A

Oct 2012

$29.6M

Seed

Jun 2011

$11.1M

Users Also Compare

FAQ — Recursion Pharmaceuticals vs Butterfly Network

Is Recursion Pharmaceuticals bigger than Butterfly Network?
By valuation, Recursion Pharmaceuticals is the larger company at $1.8B versus $957M — a 1.9x difference. Size can also be measured by team: Recursion Pharmaceuticals employs 800 people while Butterfly Network has 500-1000 employees.
Which company raised more funding — Recursion Pharmaceuticals or Butterfly Network?
Butterfly Network has raised $370M in disclosed funding across 5 known rounds. Recursion Pharmaceuticals's funding history is not publicly available.
Which company has a higher Awaira Score?
Butterfly Network leads with an Awaira Score of 85/100, while Recursion Pharmaceuticals sits at 65/100. That 20-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded Recursion Pharmaceuticals vs Butterfly Network?
Recursion Pharmaceuticals was founded by Chris Gibson in 2013. Butterfly Network was founded by John Martin in 2011. Visit each company's profile on Awaira for a full founder biography.
What does Recursion Pharmaceuticals do vs Butterfly Network?
Recursion Pharmaceuticals: Recursion Pharmaceuticals is a computational biology company founded in 2013 that uses artificial intelligence and high-throughput screening to accelerate drug discovery and development. The company's platform combines automated microscopy, machine learning, and large-scale biological data analysis to identify novel drug candidates and therapeutic targets across multiple disease areas. Recursion operates a proprietary laboratory automation system capable of conducting millions of experiments to map cellular and molecular responses to chemical compounds. The company has developed computational models to predict drug efficacy and safety profiles before traditional clinical testing, significantly reducing development timelines and costs. As a publicly traded company with a $2.2 billion valuation, Recursion has built partnerships with major pharmaceutical firms including Bayer and Exscientia to validate its platform's effectiveness. The company's approach focuses on rare genetic diseases and oncology, using its ability to process vast biological datasets that would be impractical through conventional methods. Recursion's competitive advantage lies in its integration of wet laboratory automation with advanced machine learning analytics, enabling systematic drug discovery at scale. The company continues to expand its internal pipeline while licensing its technology to established pharma players, positioning itself as both a drug developer and a computational biology platform provider in the AI healthcare sector. Recursion combines automated laboratory systems with machine learning to systematize drug discovery at unprecedented scale and speed. Butterfly Network: Butterfly Network produces the Butterfly iQ, a handheld ultrasound device powered by a proprietary semiconductor chip that replaces traditional piezoelectric transducer arrays with a single silicon chip capable of whole-body imaging. The AI software layer provides real-time image interpretation guidance, enabling clinicians with limited ultrasound training to perform diagnostic scans at the bedside.\n\nThe company is publicly traded on the NYSE under the ticker BFLY and raised over 700 million USD prior to and through its public listing. Butterfly has deployed devices across hospitals, emergency rooms, and point-of-care settings in over 50 countries, with particular penetration in resource-limited healthcare settings where traditional ultrasound equipment is prohibitively expensive or unavailable.\n\nPortable AI-assisted diagnostic imaging represents a structural shift in how and where medical imaging is performed. Butterfly Network has created a defensible position through its proprietary chip architecture, which competitors cannot easily replicate, and through its growing library of AI-assisted clinical guidance tools. The transition from hospital-based imaging to point-of-care diagnostics powered by AI guidance is a multi-decade trend that positions Butterfly at the center of a fundamental change in diagnostic medicine. Butterfly Network operates in the AI Healthcare sector and is headquartered in United States. Founded in 2011 by John Martin, Butterfly Network has raised $370M in total funding, achieving a valuation of $957M as of its latest round. The company's funding journey includes a Seed of $11.1M in 2011, a Series A of $29.6M in 2012, a Series B of $66.6M in 2014, a Series C of $114.7M in 2015, a Series D of $148M in 2016. With approximately 500-1000 employees, Butterfly Network has established itself as a Public-stage player in the AI Healthcare market. The company holds an Awaira Score of 85/100, reflecting its strong position across valuation, funding trajectory, team scale, and market influence. Butterfly Network competes in a rapidly evolving segment alongside other AI Healthcare companies. Based in United States, Butterfly Network is part of a growing international AI ecosystem attracting talent and investment. The AI Healthcare space has attracted significant investment in recent years, with companies racing to capture enterprise and consumer demand for AI-powered solutions.
Which company was founded first?
Butterfly Network got there first, launching in 2011 — that's 2 years of extra runway. Recursion Pharmaceuticals didn't arrive until 2013. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
Recursion Pharmaceuticals has about 800 employees; Butterfly Network has about 500-1000. A bigger team usually means more revenue or heavier VC backing, but in AI, small teams can build at massive scale.
Are Recursion Pharmaceuticals and Butterfly Network competitors?
Yes — they're direct rivals. Both Recursion Pharmaceuticals and Butterfly Network compete in AI Healthcare, targeting many of the same buyers. If you're evaluating one, you should be looking at the other.

Bottom Line

Butterfly Network has a clear lead here — Awaira Score of 85 vs Recursion Pharmaceuticals's 65. The difference comes down to funding depth and strategic focus.

Who Should You Watch?

Butterfly Network is in the stronger position — better score and deeper pockets. But Recursion Pharmaceuticals has room to surprise, especially if they land a marquee investor. Follow both profiles on Awaira to track funding rounds, team changes, and score updates.

Deep Dive