# Butterfly funding: rounds and investors

> Butterfly has raised $253M across 4 rounds since 2014. Investors include Precursor Ventures, Daphni and Gates Foundation. Every round with its source.

Source: https://millionrounds.com/company/butterfly (Millionrounds; every figure on the page links to its filing or article)

United States · [Series D startup](https://millionrounds.com/companies)

# Who invested in *Butterfly*

4 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Biotech Healthcare

Funding summary Updated 26 Oct 2026

**$253M** raised across 4 rounds since 2014, from 5 sources

**$300K** Seed **$300K** Seed **$2.4M** Seed **$250M** Series D

- **Latest round:** Series D, $250M Sept 2018
- **Step-up i:** 104.2×
- **Investors:** 6

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2016 2017 2018

**$300K** Seed

**$300K** Seed

**$2.4M** Seed

**$250M** Series D

- **First round:** Seed, $300K
- **Biggest round:** $250M
- **Usual gap between rounds:** 12 months

## The rounds

- **Sept 2018** Series D **$250M** *3 new* [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) Fidelity/ Fosun Pharma Jamie Dinan Reported by VentureBeat
- **Oct 2017** Seed **$2.4M** *3 new* [Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) [Daphni](https://millionrounds.com/fund/daphni) [Tectonic Ventures](https://millionrounds.com/fund/tectonic-ventures) Reported by FinSMEs and 1 other
- **Apr 2015** Seed **$300K** No investor was named in the report. From a historical funding record SEC filing: $3.1M sold, first sale Apr 2015
- **Oct 2014** Seed **$300K** No investor was named in the report. From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2014 **Seed** 2015 **Seed** 2017 **Series D** 2018 [Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) [Daphni](https://millionrounds.com/fund/daphni) [Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) [Tectonic Ventures](https://millionrounds.com/fund/tectonic-ventures) Fidelity/ Fosun Pharma Jamie Dinan

## Everyone who backed them

[Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) VC firm **1** round

[Daphni](https://millionrounds.com/fund/daphni) VC firm **1** round

[Gates Foundation](https://millionrounds.com/fund/bill-and-melinda-gates-foundation) Institutional LP **1** round

[Tectonic Ventures](https://millionrounds.com/fund/tectonic-ventures) VC firm **1** round

Fidelity/ Fosun Pharma no record of our own yet **1** round

Jamie Dinan no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=butterfly).

## Quick answers about Butterfly

### Who invested in Butterfly?

Butterfly's investors include Precursor Ventures, Daphni, Gates Foundation, Tectonic Ventures and Fidelity/ Fosun Pharma, and 1 more on record.

### How much has Butterfly raised?

Butterfly has raised $253M across 4 rounds since 2014.

### When did Butterfly last raise?

Butterfly's most recent round was a Series D of $250M in Sept 2018.

### What was Butterfly's biggest round?

Its most recent round, $250M in Sept 2018, is also its largest on record.

### Who backed Butterfly first?

Butterfly's first round on record, in Oct 2017, was backed by Precursor Ventures, Daphni and Tectonic Ventures.

### What stage is Butterfly at?

Butterfly's latest named round is a Series D, in Sept 2018.

### Where is Butterfly based?

Butterfly is based in the United States.

## Companies like Butterfly

In the same sector, and raised in the last eighteen months.

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**AI** $18M · Oct 2026](https://millionrounds.com/company/ai)[**Baba** $40M · Oct 2026](https://millionrounds.com/company/baba)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)

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