Eight Sleep

American technology company

Eight Sleep
Company typePrivate
IndustryMattresses
Founded2014 (2014)
FoundersMatteo Franceschetti, Massimo Andreasi Bassi, Andrea Ballarini, and Alexandra Zatarain
Headquarters
New York City
,
United States
ProductsSmart mattress
Websiteeightsleep.com

Eight Sleep is an American company that develops products for "sleep fitness".[1][2][3]

History

Eight Sleep was founded in 2014 in San Francisco by Matteo Franceschetti, Massimo Andreasi Bassi, Andrea Ballarini, and Alexandra Zatarain.

The company financed their first projects through a crowdfunding campaign in 2015. Since 2016, the company has raised multiple rounds through venture capital, include a Series B fundraising round in 2018[4] and a Series C fundraising round in 2021 led by Valor Equity Partners with participation from SoftBank and Founders Fund.[5][6]

In 2022, Eight Sleep acquired health coaching company Span Health.

Products

Eight Sleep's flagship product is the Pod mattress.[7] The company has also integrated its offerings with Amazon's Echo devices.[8][9] In 2024, Eight Sleep launched the four generation of the Pod, Pod 4.[10]

In 2021, The Strategist described the company's Pod mattress as the only product of its type able to provide perceptible temperature control.[11] A more recent review from that website, however, noted that "the Eight Sleep's temperature-controlling features are easily found elsewhere for cheaper." [12]

In February 2023, Eight Sleep started to require a paid subscription (with an annual cost ranging from $180 to $288) to access most of the Pod's functionality, including sleep tracking and variable temperature control.

References

  1. ^ "Eight Sleep, Inc.: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved August 28, 2017.
  2. ^ "Mars+ Smart Mattress believes Earthlings deserve better sleep". CNET. Retrieved August 28, 2017.
  3. ^ "Online mattress retailer Eight adds Alexa integration | Furniture Today". www.furnituretoday.com. September 14, 2017. Retrieved September 15, 2017.
  4. ^ "Sleep company Eight's latest funding round brings in $14M". MobiHealthNews. March 8, 2018. Retrieved October 28, 2023.
  5. ^ "SoftBank Invests in Eight Sleep. Its 28 Patents Sweetened the Deal. – Patent Forecast". Retrieved October 28, 2023.
  6. ^ Lunden, Ingrid (August 30, 2021). "Eight Sleep raises $86M as its smart mattress and 'sleep fitness' technology approaches $500M valuation". TechCrunch. Retrieved October 28, 2023.
  7. ^ "Eight Sleep Pod Pro Cover Review". PCMAG. Retrieved February 26, 2023.
  8. ^ "Smart Mattress Measures Your Sleep Cycles, Surrounding Temperature and Breathing for Better Sleep | Electronics360". electronics360.globalspec.com. Retrieved October 16, 2017.
  9. ^ Ha, Anthony. "Smart mattress startup Eight shows off its Alexa integration". TechCrunch. Retrieved October 16, 2017.
  10. ^ Jerden, Amelia (September 4, 2024). "This $2,500 Mattress Pad Is Like a Snoo for Adults". The Strategist. Retrieved September 14, 2024.
  11. ^ Pariso, Dominique (August 13, 2021). "Does This Temperature-Adjustable Mattress Pad Actually Keep You Cool?". The Strategist. Retrieved September 14, 2024.
  12. ^ Jerden, Amelia (September 4, 2024). "This $2,500 Mattress Pad Is Like a Snoo for Adults". The Strategist. Retrieved September 14, 2024.
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Mattress manufacturers