Eight Sleep - About the company
Eight Sleep is a series C company based in New York City (United States), founded in 2014 by Matteo Franceschetti, , and . It operates as a Provider of AI-based internet-first brand of mattress and smart mattress covers. Eight Sleep has raised $173M in funding from investors like , Comcast Ventures and Azure Capital Partners. The company has 72 active competitors, including 5 funded and 8 that have exited. Its top competitors include companies like Casper, Purple and Leesa.
Company Details
Eight sleep provides an AI-based internet-first brand of thermoregulated mattress, carbon air pillow, and smart mattress cover that is controlled via smartphone. It allows the user to set the temperature of the mattress independently and monitor the body vitals such as breathing and heart-rate variability. This control allows the user to fall asleep faster and improves the quality of sleep. The app can be connected with other smart devices to monitor sleep activity. GentleRise wake-up technology allows users to wake up with a temperature and gentle vibration at the chest level.
- Website
- Social
- Email ID
- @eightsleep.com
- Phone Number
- +1
Key Metrics
Founded Year
2014
Location
New York City, United States
Stage
Series C
Total Funding
in 8 rounds
Latest Funding Round
Investors
& 81 more
Ranked
1st among
Employee Count
as on Dec 31, 2022
Investment & Acquisitions
Archie &
Similar Companies
&
Legal entities associated with Eight Sleep
Eight Sleep is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CIN: 472285230 United States, Active | Dec 31, 1999 | - | 61 (as on Dec 31, 2022) | - |
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Eight Sleep's funding and investors
Eight Sleep has raised a total funding of $173M over 8 rounds. Its latest funding round was a Series C round on Jun 09, 2021 for $87.6M. 15 investors participated in its latest round, lead by Valor Equity Partners.
Eight Sleep has 70 institutional investors including , Comcast Ventures and Azure Capital Partners. There are 12 Angel Investors in Eight Sleep.
Here is the list of recent funding rounds of Eight Sleep:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Jun 09, 2021 | $87.6M | Series C | 8545386 | 5538810 | |
Oct 07, 2019 | $40.8M | Series C | 2556495 | 3645359 | Founders Fund, 8VC, and |
Mar 08, 2018 | $14M | Series B | 7826344 | 8618900 | Khosla Ventures, , and |
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Eight Sleep's founders and board of directors
The founders of Eight Sleep are Matteo Franceschetti, , and .
Here are the details of Eight Sleep's key team members:
- Matteo Franceschetti: Co-Founder & CEO of Eight Sleep and founder of 2 other companies, and . They are also an angel investor in 6 startups.Contact Info:
- : Former Co-Founder of Eight Sleep and founder of , Fabrica, and . Contact Info:
- : Co-Founder of Eight Sleep and founder of , and . Contact Info:
- : Co-Founder of Eight Sleep and founder of , and . Contact Info:
View details of
Eight Sleep's employee count trend
Eight Sleep has 61 employees as of Dec 22. The total employee count is 22.0% more than what it was in Dec 21. Here is Eight Sleep's employee count trend over the years:
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Eight Sleep's Competitors and alternates
Top competitors of Eight Sleep include Casper, Purple and Leesa. Here is the list of Top 10 competitors of Eight Sleep, ranked by 秘密研究所 score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | 秘密研究所 Score |
|---|---|---|---|---|---|
1st |  2014, New York City (United States), Series C | Provider of AI-based internet-first brand of mattress and smart mattress covers | $173M | SoftBank Group, A-Rod听&补尘辫;听 | 76/100 |
2nd | Casper 2014, New York City (United States), Acquired | Internet-first brand offering mattresses | $340M | IVP, New Enterprise Associates听&补尘辫;听 | 67/100 |
3rd | Purple 1982, Alpine (United States), Acquired | Internet-first brand offering mattresses | - | 60/100 | |
4th |  Leesa 2014, Virginia Beach (United States), Acquired | Online mattress store | $36.2M | This is Water, One Better Ventures听&补尘辫;听 | 55/100 |
5th | Tuft & Needle 2012, Tempe (United States), Acquired | Internet-first brand of multi-category home improvement products | - | - | 51/100 |
6th |  BedJet 2014, Newport (United States), Late Stage | Internet first brand for smart air purifiers | - | 40/100 | |
7th | Bryte 2016, Bellevue (United States), Series A | Internet fist brand offering smart mattresses | $46.5M | Evolution VC Partners, 10x Group听&补尘辫;听 | 36/100 |
8th | GhostBed 2015, Arizona City (United States), Unfunded | Mattress by Nature's Sleep | - | - | 35/100 |
9th |  isense 2017, Springfield (United States), Funding Raised | Internet first brand offering mattresses | - | - | 33/100 |
10th |  inHarmony 2016, San Diego (United States), Unfunded | Internet first brand offering smart mattresses for home | - | - | 32/100 |
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Eight Sleep's Investments and acquisitions
Eight Sleep has made 3 investments in companies including Archie and unspun. Eight Sleep has also acquired 1 companies including Span Health. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 31, 2022 | Investments | 2020 | New York City, United States | |
Mar 30, 2022 | Acquisition | 2018 | London, | |
Sep 09, 2021 | Investments | 2015 | San Francisco, United States |
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Reports related to Eight Sleep
Here is the latest report on Eight Sleep's sector:
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News related to Eight Sleep
Media has covered Eight Sleep for a total of 4 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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The Retail Bulletin鈥�Aug 02, 2023鈥�Eight Sleep
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FAQ's about Eight Sleep
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