EnsoData

EnsoData

AI-powered sleep-study analysis SaaS platform

Overview

EnsoData provides a Software-as-a-Service platform that uses AI to analyze sleep-wake waveform data for medical diagnostics. Its flagship EnsoSleep automates sleep-study scoring by processing signals such as EEG and ECG to detect disorders and measure total sleep time, with in-lab and home-study support plus a viewing/editing platform and ongoing FDA-cleared enhancements like EnsoSleep PPG using pulse oximeter data. The solution is designed to integrate with existing sleep-lab software and electronic health records to fit into clinicians’ workflows. The company's goals are to improve diagnostic efficiency and accuracy in sleep medicine, expand into related areas like cardiology and neurology, and grow its commercial footprint by providing scalable AI-powered clinical decision support to sleep clinics, hospitals, and care providers.

Significant Headcount Growth

About EnsoData

Simplify's Rating
Why EnsoData is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Healthcare

Company Size

51-200

Company Stage

Series B

Total Funding

$51.1M

Headquarters

Madison, Wisconsin

Founded

2015

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Simplify's Take

What believers are saying

  • EnsoData says its technology has supported care for more than 2.9 million patients.
  • The May 2026 CIBC financing funds sales expansion and AI development across clinical domains.
  • EnsoHST and EnsoSleep automate backlog reduction, directly targeting clinic labor shortages.

What critics are saying

  • ResMed, Nox Medical, and Beacon Biosignals crowd sleep diagnostics with deeper distribution.
  • Takeda’s collaboration requires validation and regulatory clearance before any revenue arrives.
  • Sleep software becomes commodity-like if hospitals standardize on bundled device vendors.

What makes EnsoData unique

  • EnsoData holds FDA-cleared EnsoSleep, EnsoHST, and EnsoSleep PPG across 2024-2026.
  • Takeda partnered with EnsoData on August 21, 2025 for NT1 PSG algorithms.
  • CIBC backed EnsoData with growth capital on May 12, 2026, validating commercial traction.

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Funding

Total Funding

$51M

Below

Industry Average

Funded Over

5 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Remote Work Options

Flexible Work Hours

Stock Options

401(k) Retirement Plan

Parental Leave

Company Social Events

Growth & Insights and Company News

Headcount

6 month growth

15%

1 year growth

15%

2 year growth

2%
Business Wire
May 13th, 2026
CIBC Innovation Banking Provides Growth Capital to EnsoData

CIBC Innovation Banking announced today that it has provided growth capital financing for EnsoData, a leading provider of AI-powered software solutions for s...

Business Wire
May 12th, 2026
CIBC Innovation Banking provides growth capital to AI sleep medicine software provider EnsoData

Services financiers Innovation CIBC has provided growth capital to EnsoData, a leading provider of AI-powered software solutions for sleep medicine. The financial terms of the investment were not disclosed. EnsoData develops artificial intelligence technology that assists healthcare providers in diagnosing and treating sleep disorders. The company's software solutions aim to streamline clinical workflows and improve diagnostic accuracy in sleep medicine. The investment from CIBC Innovation Banking will support EnsoData's continued growth and expansion of its AI-driven sleep medicine platform. CIBC Innovation Banking specialises in providing financing to technology and innovation-focused companies across various sectors.

New Castle News
May 12th, 2026
CIBC Innovation Banking provides growth capital to EnsoData.

CIBC Innovation Banking provides growth capital to EnsoData. * Business Wire * May 12, 2026 * 0 MADISON, Wis.-(BUSINESS WIRE)-May 12, 2026- CIBC Innovation Banking announced today that it has provided growth capital financing for EnsoData, a leading provider of AI-powered software solutions for sleep medicine. EnsoData is advancing sleep medicine through AI-powered, FDA-cleared solutions that help simplify diagnosis and expand access to care. Its flagship product, EnsoHST, is a clinically proven, multi-night home sleep testing solution that uses a simple wearable device and mobile app to deliver fast, clinically reliable results. By automating analysis and removing operational friction, EnsoData enables clinicians to expand capacity, accelerate diagnosis, and improve patient outcomes. "This facility from CIBC Innovation Banking enables EnsoData to expand access to the sleep care pathway today, while accelerating our investment in AI-driven innovations that will shape the future of diagnostics across multiple clinical domains," said Matt Dobereiner, CFO of EnsoData. "CIBC Innovation Banking is very glad to support EnsoData's growth and continued adoption among sleep medicine professionals," said Andrew Schwartz, Managing Director, CIBC Innovation Banking. "EnsoData is at the exciting intersection of leveraging AI and machine-learning technology to improve access for patients to the care pathway." About CIBC Innovation Banking CIBC Innovation Banking has 25 years of specialized experience in growth-stage tech and life science companies across North America - a longer track record than most banks. CIBC Innovation Banking now has over $11 billion in funds managed including life sciences, health care, cleantech companies, investors, and entrepreneurs, and has assisted over 700 venture and private equity-backed businesses over the past six and a half years. The bank operates out of 14 global locations in San Francisco, Menlo Park, New York, Toronto, London, Austin, Boston, Chicago, Seattle, Vancouver, Montreal, Atlanta, Reston, and Durham. Connect with us today to start the conversation. Innovationbanking.cibc.com About EnsoData EnsoData is a healthcare technology company advancing sleep medicine through artificial intelligence. Its solutions support the full sleep care continuum, from diagnosis through long-term patient management, enabling clinicians to improve efficiency and expand access to care. EnsoData is also exploring applications across additional clinical areas. To date, EnsoData's technology has supported the care of more than 2.9 million patients. https://ensodata.com Katarina Milicevic,[email protected], 416-362-3458 KEYWORD: WISCONSIN UNITED STATES NORTH AMERICA CANADA INDUSTRY KEYWORD: BANKING TECHNOLOGY PROFESSIONAL SERVICES HEALTH VENTURE CAPITAL HEALTH TECHNOLOGY APPS/APPLICATIONS SOFTWARE ARTIFICIAL INTELLIGENCE MOBILE/WIRELESS FINANCE PUB: 05/12/2026 07:00 AM/DISC: 05/12/2026 07:00 AM

BreakAway Media Group LLC
Aug 21st, 2025
EnsoData, Takeda to Improve Narcolepsy Type 1 Diagnosis Using AI Tools and Technology

EnsoData has announced a collaboration with Takeda to jointly develop and validate AI-based polysomnography (PSG) algorithms to support more accurate and scalable diagnosis of narcolepsy type 1 (NT1).

EnsoData
Aug 21st, 2025
EnsoData Announces Collaboration with Takeda to Improve Narcolepsy Type 1 Diagnostic Journey Using AI Tools and Technology

MADISON, Wis. - August 21, 2025 - Today, EnsoData, a pioneer in healthcare AI, announces a collaboration with Takeda to jointly develop and validate AI-based polysomnography (PSG) algorithms to support more accurate and scalable diagnosis of narcolepsy type 1 (NT1).

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