Eight Sleep

Eight Sleep
Company typePrivate
IndustryMattresses
Founded2014 (2014)
FoundersMatteo Franceschetti, Massimo Andreasi Bassi, Andrea Ballarini, and Alexandra Zatarain
Headquarters,
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.