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SigTuple vs Butterfly Network

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

Comparison updated: April 2026

Butterfly Network is valued at $957M — more than 3x SigTuple's N/A.

Head-to-Head Verdict

Butterfly Network leads on 4 of 4 metrics

SigTuple

0 wins

-Funding
-Awaira Score
-Team Size
-Experience

Butterfly Network

4 wins

+Funding
+Awaira Score
+Team Size
+Experience

Key Numbers

Valuation
N/A
$957M
Total Funding
$20M
$370M
Awaira Score
60/100
85/100
Employees
100-500
500-1000
Founded
2015
2011
Stage
Series B
Public
SigTupleButterfly Network
SigTuple logo
SigTuple

🇮🇳 India · Rohit Kumar Pandey

Series BAI HealthcareEst. 2015

Valuation

N/A

Total Funding

$20M

Awaira Score60/100

100-500 employees

Full SigTuple 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

As AI Healthcare players, SigTuple and Butterfly Network target overlapping customers despite operating from different countries. The stage gap — SigTuple at Series B vs Butterfly Network at Public — shapes how each company allocates capital and talent.

🔬

Analyst Summary

Built from real data · Updated April 2026

Companies

The AI Healthcare sector features both SigTuple and Butterfly Network as key players. SigTuple develops AI-powered automated pathology solutions that digitize and analyze microscopy slides for blood, urine, sputum, and semen samples, enabling high-throughput diagnostic testing without the constant presence of trained pathologists. 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

Butterfly Network carries a disclosed valuation of $957M, while SigTuple remains privately valued. With $370M raised, Butterfly Network has attracted substantially more capital than SigTuple ($20M).

Growth Stage

Butterfly Network was founded in 2011, 4 years before SigTuple arrived in 2015. Growth stages differ: SigTuple (Series B) versus Butterfly Network (Public), a distinction that matters for both deal structure and competitive positioning. Team sizes also differ: SigTuple employs 100-500 people versus Butterfly Network's 500-1000.

Geography & Outlook

Geography separates them: SigTuple in 🇮🇳 India and Butterfly Network in 🇺🇸 United States, each benefiting from local ecosystems. Butterfly Network scores 85 on Awaira's composite index versus SigTuple's 60, a wide margin reflecting substantially stronger fundamentals. SigTuple, led by Rohit Kumar Pandey, and Butterfly Network, led by John Martin, each bring distinct leadership visions to the AI sector.

Funding Velocity

SigTuple

Total Rounds3
Avg. Round Size$6.7M
Funding Span2.7 yrs

Butterfly Network

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

Funding History

SigTuple has completed 3 funding rounds, while Butterfly Network has gone through 5. SigTuple's most recent round was a Series B of $14M, compared to Butterfly Network's Series D ($148M). SigTuple is at Series B while Butterfly Network is at Public — different points in their growth trajectory.

Team & Scale

Butterfly Network has the bigger team at roughly 500-1000 people — 5x the size of SigTuple's 100-500. Butterfly Network has a 4-year head start, founded in 2011 vs SigTuple's 2015. Geographically, they're in different markets — SigTuple operates out of India and Butterfly Network from United States.

Metrics Comparison

MetricSigTupleButterfly Network
💰Valuation
N/A
$957M
📈Total Funding
$20M
$370MWINS
📅Founded
2015WINS
2011
🚀Stage
Series B
Public
👥Employees
100-500
500-1000
🌍Country
India
United States
🏷️Category
AI Healthcare
AI Healthcare
Awaira Score
60
85WINS

Key Differences

📈

Funding gap: Butterfly Network has raised $350M more ($370M vs $20M)

📅

Market experience: Butterfly Network has 4 years more (founded 2011 vs 2015)

🚀

Growth stage: SigTuple is at Series B vs Butterfly Network at Public

👥

Team size: SigTuple has 100-500 employees vs Butterfly Network's 500-1000

🌍

Market base: 🇮🇳 SigTuple (India) vs 🇺🇸 Butterfly Network (United States)

⚔️

Direct competitors: Both operate in the AI Healthcare market segment

Awaira Score: Butterfly Network scores 85/100 vs SigTuple's 60/100

Which Should You Choose?

Use these signals to make the right call

SigTuple logo

Choose SigTuple if…

  • India-based for regional compliance or proximity
  • SigTuple develops AI-powered automated pathology solutions that digitize and analyze microscopy slides for blood, urine, sputum, and semen samples, enabling high-throughput diagnostic testing without the constant presence of trained pathologists
Butterfly Network logo

Choose Butterfly Network if…

Top Pick
  • Higher Awaira Score — 85/100 vs 60/100
  • More established by valuation ($957M)
  • Stronger investor backing — raised $370M
  • More market experience — founded in 2011
  • United States-based for regional compliance or proximity
  • 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

SigTuple raised $20M across 3 rounds. Butterfly Network raised $370M across 5 rounds.

SigTuple

Series B

Feb 2018

$14M

Series A

Oct 2016

$4.4M

Seed

Jun 2015

$1.6M

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 — SigTuple vs Butterfly Network

Is SigTuple bigger than Butterfly Network?
Butterfly Network has a disclosed valuation of $957M, while SigTuple's valuation is not publicly available, making a direct size comparison difficult. Butterfly Network employs 500-1000 people.
Which company raised more funding — SigTuple or Butterfly Network?
Butterfly Network has raised more in total funding at $370M, compared to SigTuple's $20M — a gap of $350M. Combined, the two companies have completed 8 known funding rounds.
Which company has a higher Awaira Score?
Butterfly Network leads with an Awaira Score of 85/100, while SigTuple sits at 60/100. That 25-point gap reflects real differences in funding, scale, and traction — it's not a vanity metric.
Who founded SigTuple vs Butterfly Network?
SigTuple was founded by Rohit Kumar Pandey in 2015. Butterfly Network was founded by John Martin in 2011. Visit each company's profile on Awaira for a full founder biography.
What does SigTuple do vs Butterfly Network?
SigTuple: SigTuple develops AI-powered automated pathology solutions that digitize and analyze microscopy slides for blood, urine, sputum, and semen samples, enabling high-throughput diagnostic testing without the constant presence of trained pathologists. The company's AI-Minth platform uses robotic sample preparation, high-resolution imaging, and deep learning analysis to deliver diagnostic-grade results.\n\nThe company raised approximately $20M in Series B funding and has deployed its automated microscopy systems at diagnostic labs, hospitals, and blood banks across India, processing millions of diagnostic samples. SigTuple has received regulatory approvals for its diagnostic AI products and has established partnerships with major diagnostic laboratory chains.\n\nIndia faces a severe shortage of qualified pathologists relative to population, creating an acute need for AI-assisted diagnostic automation. SigTuple's approach of combining hardware, robotics, and AI in an integrated system addresses the complete diagnostic workflow rather than just the software layer, creating higher deployment barriers but also higher switching costs and stronger network effects from accumulated diagnostic data. 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 4 years of extra runway. SigTuple didn't arrive until 2015. In AI, that kind of head start means more training data, deeper customer relationships, and a bigger talent moat.
Which company has more employees?
SigTuple has about 100-500 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 SigTuple and Butterfly Network competitors?
Yes — they're direct rivals. Both SigTuple 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 SigTuple's 60. The difference comes down to funding depth and team scale.

Who Should You Watch?

Butterfly Network is in the stronger position — better score and deeper pockets. But SigTuple 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