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EnsoData

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Provides software-­as-­a-­service (SaaS) that enables the discovery, identification, and actionable reporting of critical to understand patterns and trends in health data

Madison, United StatesFounded 2015Health
Valuation $100–250M Last recorded · 2025
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
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About EnsoData

EnsoData is a healthcare technology firm specializing in the application of artificial intelligence to analyze waveform data for medical diagnostics, with a primary focus on sleep medicine. The company was founded in 2015 by Chris Fernandez, Sam Rusk, and Nick Glattard, who met at the University of Wisconsin-Madison, sharing a common interest in machine learning and its potential to solve complex healthcare problems. Their journey began by tackling the time-consuming and inconsistent process of manually scoring sleep studies.

The company's business model is centered on a Software-as-a-Service (SaaS) platform provided to healthcare organizations. Clients include sleep clinics, hospitals, academic medical centers, and home sleep testing providers. EnsoData generates revenue by offering its AI-powered software solutions to these providers, which helps automate the analysis of sleep studies, thereby increasing efficiency and allowing clinicians to focus more on patient care.

EnsoData's flagship product, EnsoSleep, received its initial FDA 510(k) clearance in 2017 for analyzing in-lab sleep studies. This was a significant milestone, establishing the company as an early player in FDA-cleared AI for sleep medicine. The technology works by analyzing billions of data points from sensors that measure biological signals like brain waves (EEG) and heartbeats (ECG) to identify patterns indicative of sleep disorders. In 2021, EnsoSleep's FDA clearance was expanded to include home sleep studies, a viewing and editing platform, and total sleep time measurement. A further advancement came in February 2024 with the FDA clearance of EnsoSleep PPG. This software leverages photoplethysmogram (PPG) signals from widely available pulse oximeters, turning these cost-effective wearable devices into diagnostic tools for sleep apnea. The platform is designed for interoperability, integrating with existing sleep lab management software and electronic health records to streamline workflows.

The company's founding team brings a strong technical background to the firm. Chris Fernandez, Sam Rusk, and Nick Glattard all have backgrounds in engineering and machine learning from the University of Wisconsin-Madison. Fernandez now serves as Executive Chairman & Chief Research Officer, Rusk is the Chief AI Officer, and Glattard is the Chief Technology Officer. Their collective expertise has driven the development of EnsoData's Waveform AI. The company has successfully raised over $50 million in funding through multiple rounds, including a $20 million Series B in June 2025, to fuel its growth, expand its commercial team, and pursue further research and development into other areas of healthcare like cardiology and neurology.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
Madison, United States
Employees
80
Open positions
1
Dealroom signal
88.3/100
Industry
Health
Sector
Health, Analytics, Cloud Computing, Core AI, Spinout, Sleeping, AI Applications
Technology
Artificial Intelligence, Big Data, Deep Tech, Machine Learning, Nanotech
Business model
SaaS
Client focus
b2b

Funding history

9 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
LATE VCOther financing May 2026 $0 — CIBC Innovation Banking ↗
SERIES BOther financing Jun 2025 $20M $80M Zetta Venture Partners · Venture Investors Health Fund · Inspire Medical Systems · Supermoon Capital ↗
Showing the latest 2 of 9 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

EnsoData website traffic

Latest recorded traffic for EnsoData is 11K monthly website visits, up 115.7% over the last three months. EnsoData's team grew 40.4% over the past year.

Latest monthly visits11K 3-month web change+115.7% 1-year team growth+40.4%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

17 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

  • HealthX Ventures
  • Colle Capital Partners
  • Wisconsin Investment Partners
  • Sternhill Associates

Series A10 investors entered at this stage

  • Zetta Venture Partners
  • Venture Investors Health Fund
  • Dreamit Ventures
  • Supermoon Capital
  • Necessary Ventures
  • M25
  • Inspire Medical Systems
  • Fred Robertson
  • Justin Mortara
  • Questa Capital Management

Series B and later1 investor entered at this stage

  • CIBC Innovation Banking

Other known investors2 additional known investors

  • Healthbox
  • University of Wisconsin-Madison
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 6 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about EnsoData on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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