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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.
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Key Metrics
Founded Year
2016
Location
Halifax, Canada
Stage
Seed
Total Funding
$4.79M in 3 rounds
Latest Funding Round
Ranked
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
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NovaResp's founders and board of directors

Founder? Claim Profile
The founders of NovaResp is Hamed Hanafi. Hamed Hanafi is the CEO of NovaResp.
Here are the details of NovaResp's key team members:

NovaResp's employee count trend

NovaResp has 20 employees as of Jun 26. Here is NovaResp's employee count trend over the years:
Employee count trend for NovaResp
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for EnsoData
EnsoData
2015, Madison (United States), Series B
AI based platform to optimise sleep scoring studies for health professionals
$51.1M
68/100
2nd
Logo for XTrodes
XTrodes
2019, Herzliya (Israel), Seed
Wearables to monitor mental wellness
$5.5M
57/100
3rd
Logo for Seluna
Seluna
2022, Glasgow (United Kingdom), Seed
Developer of medical software for paediatric sleep disorder diagnosis and treatment
$874K
39/100
4th
Logo for NovaResp
NovaResp
2016, Halifax (Canada), Seed
Developer of AI-enabled CPAP algorithm for sleep apnea patients
$4.79M
39/100
5th
Logo for Neurobit
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
Logo for DeepWave Technologies
DeepWave Technologies
2016, Scottsdale (United States), Seed
Wearable headband to to enhance sleep quality and memory
-
27/100
7th
Logo for DormoTech Medical
DormoTech Medical
2016, Tel Aviv (Israel), Funding Raised
Sleep assessment system for the diagnosis of sleep apnea
-
25/100
8th
Provider of AI-based platform for the diagnosis and management of sleep apnea
-
-
24/100
9th
Logo for Powell Mansfield
Powell Mansfield
2014, San Diego (United States), Funding Raised
Developer of AI-powered point-of-care sleep apnea diagnostic platform
-
 
22/100
10th
Logo for Zhejiang Rouling Technology
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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