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Ensora Health

The company behind Catalyst. Four names, three owners, and one date nobody has ever published.

The short version

Catalyst built by
DataFinch Technologies, founded 20104
Headquarters
Birmingham, Alabama3
Owned by
KKR, majority since 20212
Chief executive
John Damgaard, since 20255
Money raised
Private-equity backed; no venture rounds2

If you use Catalyst, the company you are actually buying from has changed name three times and owner three times, and untangling it takes a moment.3

Catalyst was built by DataFinch Technologies, founded in Atlanta in 2010 by Coby and Janet Lund, both doctoral-level Board Certified Behavior Analysts. Separately, a company called TheraNest was founded in 2013 and became the base of a therapy-software group named Therapy Brands. At some point DataFinch joined it — and this is the unusual part, because nobody has ever published when or for how much.4

Therapy Brands itself passed through Providence Strategic Growth, then Lightyear Capital and Oak HC/FT, then KKR, which took majority control in 2021. In April 2025 the whole group was renamed Ensora Health and Catalyst became Ensora Data Collection. The app store listing still shows DataFinch Technologies as the seller.2

How it got here

2010
DataFinch Technologies founded in Atlanta by Coby and Janet Lund, both BCBA-Ds. Its product is Catalyst.4
2013
TheraNest founded — the business Therapy Brands was later built around.6
July 2018
Lightyear Capital and Oak HC/FT together take a majority investment. Providence Strategic Growth, the previous lead investor, keeps a significant minority.6
By December 2019
DataFinch is inside Therapy Brands. The acquisition date and price have never been published by anyone.4
May 2021
KKR completes its acquisition of a majority interest. Therapy Brands is serving 28,000+ practices.2
April 2025
Therapy Brands is renamed Ensora Health. Catalyst is renamed Ensora Data Collection — its app store listing still shows DataFinch Technologies as the seller.7
August 2025
John Damgaard appointed CEO.5

Money and ownership

WhatAmountDetail
Lightyear Capital and Oak HC/FTNot disclosedJuly 2018. A joint majority investment, with PSG retaining a significant minority.6
KKRNot disclosedApril 2021, closing in May. Every party said terms were not disclosed. Figures around $1.2 billion circulate in trade coverage; we have not found a primary source for any of them and do not publish one.2
Size, as the company reports it self-reported figures by year
As ofReported
202128,000+ practices2
2025200,000+ individual providers, 28,000+ practices, $270 million in payments collected during 20241
2026600+ employees8
What we could not confirm 4 open questions
  • The biggest gap in this whole section: nobody has published the date Therapy Brands acquired DataFinch, or the price. We checked both companies' newsrooms, all four investors' announcements, trade press, SEC filings and archived captures of both websites from 2018 to 2020. The only hard fact is that DataFinch was inside Therapy Brands by 11 December 2019.4
  • The founding year conflicts between two of the owners' own statements — KKR says 2013, one earlier investor says 2017. The reconciliation is that TheraNest was founded in 2013 and the Therapy Brands group was assembled around it from 2017.6
  • Most of the group's acquisitions appear only as brand names on a list, without dated announcements we could cite.3
  • Coby and Janet Lund's current roles are not public. Neither appears in any Therapy Brands or Ensora leadership announcement.4

Sources

  1. Therapy Brands is now Ensora Health — PR Newswire7 Apr 2025
  2. KKR closes acquisition of Therapy Brands — PR Newswire18 May 2021
  3. Ensora Health — newsroomaccessed 1 Aug 2026
  4. DataFinch welcomes Jason Cummings as VP of Operations — PR Newswire11 Dec 2019
  5. Ensora Health appoints John Damgaard as CEO4 Aug 2025
  6. Therapy Brands closes investment from Lightyear Capital and Oak HC/FT — PSG24 Jul 2018
  7. Ensora Data Collection on the App Store — seller DataFinch Technologies, Inc.accessed 2 Aug 2026
  8. Ensora Health — company overviewaccessed 2 Aug 2026

Related

How we researched this. Every numbered citation above links to the document it came from — a company or investor announcement, a regulatory filing, or a government business register. Funding aggregators were used only to find those documents, never as a source for a figure: where a widely repeated number has no traceable origin, we leave it out and say so. Nothing on this page is estimated or inferred. Something wrong or out of date? Send a correction.