NovaResp - About the company
NovaResp is a seed company based in Halifax (Canada), founded in 2016 by Hamed Hanafi. It operates as a Developer of AI-enabled CPAP algorithm for sleep apnea patients. NovaResp has raised $4.79M in funding from Concrete Ventures. The company has 15 active competitors, including 6 that are funded. Its top competitors include companies like EnsoData, XTrodes and Seluna.
Company Details
Developer of AI-enabled CPAP algorithm for sleep apnea patients. The company's flagship product, cMAP, uses artificial intelligence algorithms that predicts and prevents episodes of apnea before they occur, allowing for personalized therapy to be delivered via PAP machines.
- Website
- novaresp.ai
Key Metrics
Founded Year
2016
Location
Halifax, Canada
Stage
Seed
Total Funding
$4.79M in 3 rounds
Latest Funding Round
Investors
Ranked
4th among 15 active competitors
Employee Count
20 as on Jun 30, 2026
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NovaResp's funding and investors
NovaResp has raised a total funding of $4.79M over 3 rounds. Its first funding round was on Jun 01, 2021. Its latest funding round was a Seed round on May 14, 2024 for $*****. 3 investors participated in its latest round. NovaResp has 5 institutional investors.
Here is the list of recent funding rounds of NovaResp:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 14, 2024 | 9125345 | Seed | 3452661 | 3117236 | 8663242 | 5593450 |
Jan 26, 2023 | 5542001 | Seed | 9220143 | 5180045 | 5194663 | |
Jun 01, 2021 | 7337712 | Seed | 2748651 | 6007592 | 9058353 | 8294301 |
View details of NovaResp's funding rounds and investors
NovaResp's founders and board of directors
Founder? Claim ProfileThe founders of NovaResp is Hamed Hanafi. Hamed Hanafi is the CEO of NovaResp.
Here are the details of NovaResp's key team members:
- Hamed Hanafi: Founder & CEO of NovaResp and founder of 1 other company. Contact Info: 1 email address
View details of NovaResp's Founder profiles and Board Members
NovaResp's employee count trend
NovaResp has 20 employees as of Jun 26. Here is NovaResp's employee count trend over the years:
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NovaResp's Competitors and alternates
Top competitors of NovaResp include EnsoData, XTrodes and Seluna. Here is the list of Top 10 competitors of NovaResp, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | EnsoData 2015, Madison (United States), Series B | AI based platform to optimise sleep scoring studies for health professionals | $51.1M | 68/100 | |
2nd | Wearables to monitor mental wellness | $5.5M | 57/100 | ||
3rd | Seluna 2022, Glasgow (United Kingdom), Seed | Developer of medical software for paediatric sleep disorder diagnosis and treatment | $874K | 39/100 | |
4th | Developer of AI-enabled CPAP algorithm for sleep apnea patients | $4.79M | 39/100 | ||
5th | Neurobit 2021, New York City (United States), Funding Raised | Provider of a health analytics platform that uses sleep as a biomarker to predict adverse health outcomes | - | 38/100 | |
6th | DeepWave Technologies 2016, Scottsdale (United States), Seed | Wearable headband to to enhance sleep quality and memory | - | 27/100 | |
7th | DormoTech Medical 2016, Tel Aviv (Israel), Funding Raised | Sleep assessment system for the diagnosis of sleep apnea | - | 25/100 | |
8th | Slumber Healthcare Solutions 2019, Boston (United States), Unfunded | Provider of AI-based platform for the diagnosis and management of sleep apnea | - | - | 24/100 |
9th | Powell Mansfield 2014, San Diego (United States), Funding Raised | Developer of AI-powered point-of-care sleep apnea diagnostic platform | - | 22/100 | |
10th | Zhejiang Rouling Technology 2020, Hangzhou (China), Seed | Developer of brainwave and electromyography technology for sleep monitoring and assistance | - | 21/100 |
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NovaResp's Investments and acquisitions
NovaResp has made no investments or acquisitions yet.
Reports related to NovaResp
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