Sleep Therapeutics

What Sleep Therapeutics does

Sleep Therapeutics is a Canadian private sleep healthcare services company operating a hybrid physical-and-virtual clinic network that diagnoses and treats sleep apnea, insomnia, snoring, and restless legs syndrome. Founded in 2001 in Nova Scotia as Atlantic Sleep Apnea Services and rebranded in 2012, the company runs 24 clinic locations across Nova Scotia, New Brunswick, Alberta, and Prince Edward Island, supported by a fully virtual sleep clinic serving all Canadian provinces and territories, and a Toronto head office.

Its core service stack combines at-home sleep diagnostics using the WatchPAT ONE disposable device from Itamar Medical with treatment delivery including CPAP therapy setup, Cognitive Behavioural Therapy for Insomnia (CBT-I), snoring solutions (nasal dilators, positional therapy, oral appliances), and lifestyle modification programs. All sleep studies are interpreted by board-certified physicians, and the company employs over 100 healthcare professionals, primarily registered respiratory therapists and sleep support specialists.

The business model blends one-time diagnostic and hardware revenue (sleep studies, CPAP machine sales, eXciteOSA devices) with recurring streams from the Rest'd membership program (semi-annual auto-delivery of CPAP supplies plus extended warranty) and B2B contracts through the Sleep First virtual corporate wellness program and Sleep Academy online training ($15 per employee). Distribution combines direct-to-consumer website bookings, physician referrals enabled by EMR integrations across 13 platforms, field sales reps in three provinces, and a dedicated corporate sales director. Insurance partnerships and credit/payment plans support patient reimbursement and out-of-pocket affordability.

Name

Sleep Therapeutics

Legal name

Sleep Therapeutics

Website

https://sleeptherapeutics.ca

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Sleep Therapeutics is a Canadian private sleep healthcare company operating 24 physical clinics and a nationwide virtual sleep clinic, diagnosing and treating sleep apnea, insomnia, and snoring via at-home WatchPAT ONE testing, CPAP therapy, CBT-I, and corporate wellness programs.

Ownership category

akta.pro rank

Product category

Sleep Healthcare Services

NAICS

Ambulatory Health Care Services (621), Other Ambulatory Health Care Services (6219)

SIC

Services-Offices & Clinics Of Doctors Of Medicine (8011), Services-Health Services (8000)

akta.pro primary industry

Sleep Medicine Clinic (HLAKANAB)

akta.pro secondary industries

Ambulatory Sleep Medicine Centers (HLAFABAJ), Sleep Diagnostic Centers (Polysomnography) (HLAFAKAF), Sleep Diagnostics & Monitoring (PSG/Home Sleep Testing, Actigraphy) (HLAHAGAB)

Keywords

• Sleep clinic services
• Sleep apnea treatment
• Insomnia therapy
• CPAP therapy equipment
• Corporate sleep wellness

Headquarters

HQ city

Middleton

HQ country

Canada

HQ region

North America

Offices26 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Sleep Diagnostics and Testing: Revenue from at-home Level 3 sleep studies and WatchPAT ONE disposable sleep apnea tests. Studies include device shipping, physician interpretation, and follow-up consultation.
2. CPAP and Sleep Equipment Sales: Sales of CPAP machines, masks, and accessories. Equipment is sold outright with optional extended warranty. Consumables (filters, tubing, cushions) are replenished through the Rest'd membership program.
3. Rest'd Membership Subscription: Automatic bi-annual delivery of CPAP supplies (masks, cleaning supplies, filters, tubing) at a predictable cost. Members also receive extended warranty coverage (up to 5 years) beyond manufacturer warranty.
4. Corporate Sleep Wellness Programs: Sleep First and Sleep Academy programs sold to employers. Sleep Academy offered at $15 per employee for limited time. ROI claims of $6 return per $1 invested based on reduced medical costs ($3.27) and reduced absenteeism ($2.73).
5. Insomnia Treatment (CBT-I): Cognitive Behavioural Therapy for Insomnia delivered by trained therapists, addressing underlying thoughts and behaviours affecting sleep.
6. Insurance and Payment Plans: Partnering with major insurance providers for reimbursement. Credit programs and payment plans offered for clients preferring installment payments.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels8 records

Core offering

Sleep Therapeutics operates a network of Canadian sleep clinics that diagnose and treat sleep disorders including sleep apnea, insomnia, snoring, and restless legs syndrome. Services span at-home sleep studies using the WatchPAT ONE disposable device, CPAP therapy fitting and ongoing care, Cognitive Behavioural Therapy for Insomnia (CBT-I), snoring solutions, lifestyle coaching, and corporate workplace wellness programs (Sleep First and Sleep Academy). Care is delivered through 20+ physical clinic locations plus a fully virtual care platform serving all Canadian provinces and territories.

Product overview

Sleep Therapeutics is a healthcare services company offering a unified sleep care platform combining diagnostic testing, treatment delivery, and ongoing patient support. The core offering consists of at-home sleep studies using the WatchPAT ONE disposable device, followed by personalized treatment plans that may include CPAP therapy, Cognitive Behavioural Therapy for Insomnia (CBT-I), snoring solutions (nasal dilators, positional therapy, anti-snoring mouth appliances), and lifestyle modification programs. The company also operates a Rest'd Membership subscription program for automatic CPAP supply replacement, and offers corporate wellness programs (Sleep First and Sleep Academy) for employer clients. Weighted blankets and the eXciteOSA daytime therapy device are available as supplementary wellness products. Services are delivered through 23+ physical clinic locations across Canada and a fully virtual care team, with board-certified physician interpretation of all sleep study results.

Differentiator

Problem solved

Functional benefit

Brands

• Sleep First: Corporate workplace sleep wellness program focused on employee education, sleep screening, and culture embedding for businesses.
• Sleep Academy
• Rest'd

Products and services

• CPAP Therapy Continuous Positive Airway Pressure (CPAP) therapy treatment for patients with sleep apnea, including equipment selection, mask fitting, and progress tracking from start to finish.
• Cognitive Behavioural Therapy for Insomnia (CBT-I) Problem-focused psychotherapy that helps people change how their thoughts influence sleep-related behaviours, addressing underlying causes of insomnia with measurable improvement typically within 6–8 weeks.
• Snoring Solutions Treatment bundle for basic snoring including nasal dilators, positional therapy, and anti-snoring mouth appliances designed to keep air passages open during sleep.
• Lifestyle Changes Program

Quantifiable outcome

• 4.5x reduction in heart disease and stroke for employees treated for sleep apnea through corporate programs
• +7 more outcomes

Named customers6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Six partnerships are on record, tiered core.

• Alberta Lung AssociationcoreStrategic or Co-development PartnerOngoing collaboration with local Lung Associations to enhance access to care for individuals with Obstructive Sleep Apnea. Partner logo displayed on the company's About page indicating a formal community health partnership.
• Lung Associations (Local)coreStrategic or Co-development PartnerProud ongoing collaboration with local Lung Associations to enhance access to care for individuals with Obstructive Sleep Apnea across Canada.
• EMR Platform ProviderscoreTechnology or IntegrationIntegration with 13 EMR platforms including Intrahealth (Profile EMR), MedAccess (Telus Health), PS Suite (Telus Health), Accuro NS (QHR Technologies/EMREACH), CHR (Telus Health), Medfar (MYLE), Wolf, Accuro, AVa, Juno, Health Quest, and Purkinje. These integrations enable seamless electronic referral workflows for healthcare providers.
• Major Insurance ProviderscoreChannel Partner/ Reseller/ DistributorSleep Therapeutics partners with major insurance providers to facilitate direct billing, claims processing, and reimbursement for patients. The company assists patients in communicating with insurance providers and completing paperwork for coverage claims.
• PAP Device ManufacturerscoreTechnology or IntegrationSleep Therapeutics works with PAP device manufacturers who supply CPAP machines and provide usage/adherence data back to the company for monitoring patient therapy progress. Manufacturers also provide device serial numbers and ongoing support. The company receives usage data from manufacturers to monitor therapy compliance.
• WatchPAT (Itamar Medical)coreTechnology or IntegrationSleep Therapeutics uses the WatchPAT ONE disposable home sleep apnea test device — the first and only disposable HSAT — for at-home sleep studies. The device syncs to a phone app, tracks sleep data, and transmits results. Itamar Medical is the manufacturer of this device.

Scale indicators10 records

Recent moves13 records

Expansion highlights5 records

Broad incumbents

• Cleveland Clinic Sleep Disorders Center: Large US-based academic sleep medicine program offering full-service sleep diagnostics, CPAP, and behavioral therapy. Representative broad incumbent illustrating the multi-modal sleep clinic archetype Sleep Therapeutics has built in Canada.
• Philips Respironics: Major CPAP/BiPAP manufacturer and broader sleep apnea therapy incumbent. Comparable as upstream hardware supplier and category-defining competitor that shapes treatment standards and pricing across the OSA market.
• ResMed: Global leader in CPAP/APAP devices, masks, and connected sleep health platforms. Supplies much of the hardware Sleep Therapeutics prescribes and represents the broader incumbent ecosystem Sleep Therapeutics operates within as a service provider.
• Wellwise (Shoppers Drug Mart): Canadian retail health provider (formerly Shoppers Home Health Care) selling CPAP equipment and sleep accessories. Competes on equipment distribution and supplies where Sleep Therapeutics' Rest'd membership operates.

Emerging players

• Vitality Group: Global corporate wellness platform offering sleep and lifestyle programs to employers. Comparable to Sleep First/Sleep Academy as a competitor and potential channel partner in the employer-paid sleep wellness category.
• Big Health (Somryst): Digital therapeutic delivering FDA-cleared CBT-I for insomnia via mobile app. Emerging direct competitor to Sleep Therapeutics' CBT-I offering, especially on the virtual/digital front.

Direct peers

• Lofta: Direct-to-consumer home sleep apnea test and CPAP provider. Competes on the same DTC, e-commerce-driven model Sleep Therapeutics uses for WatchPAT ONE distribution and Rest'd membership enrollment.
• MedSleep: One of Canada's largest sleep clinic networks offering home sleep testing, CPAP therapy, and insomnia treatment across multiple provinces. Most directly comparable to Sleep Therapeutics in service mix, clinical model, and Canadian geographic coverage.
• Ognomy (formerly CleveMed): US-based virtual sleep clinic providing home sleep apnea testing and CPAP setup via telemedicine. Closest direct competitor on the virtual-care delivery model that Sleep Therapeutics uses to extend across all Canadian provinces.

Others

• BetterSleep (Ipnos): Consumer sleep and meditation app addressing insomnia and sleep hygiene. Adjacent to Sleep Therapeutics' lifestyle and insomnia programs, representing the consumer-facing boundary of the digital sleep category.

Market position

Strengths5 records

Weaknesses3 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/sleepthera
• Facebookfacebook.com/sleeptherapeutics
• LinkedInlinkedin.com/company/sleep-therapeutics
• Instagraminstagram.com/sleep_therapeutics

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sleep Therapeutics