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Eight Sleep - About the company

Eight Sleep is a series D company based in New York City (United States), founded in 2014 by Matteo Franceschetti, Andrea Ballarini, Alexandra Zatarain and Massimo Andreasi Bassi. It operates as a Provider of AI-based internet-first brand of mattress and smart mattress covers. Eight Sleep has raised $324M in funding from investors like Y Combinator, Comcast Ventures and Azure Capital Partners, with a current valuation of $1.5B. The company has 77 active competitors, including 5 funded and 7 that have exited. Its top competitors include companies like Casper, Leesa and Tuft & Needle.

Sectors and market segments that Eight Sleep operate in

Eight Sleep serves in the Retail, Consumer Goods market segments.The primary business model of Eight Sleep are:

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.
Social
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Email ID
*****@eightsleep.com
Phone Number
+1 **********
Registered Address
New York, New York
Key Metrics
Founded Year
2014
Location
New York City, United States
Stage
Series D
Total Funding
$324M in 12 rounds
Latest Funding Round
Post Money Valuation
$1.5B as on Mar 04, 2026
Ranked
Employee Count
234 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
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Eight Sleep's funding and investors

Eight Sleep has raised a total funding of $324M over 12 rounds. Its latest funding round was a Series D round on Mar 04, 2026 for $50M. 1 investor participated in its latest round. Eight Sleep has 74 institutional investors and 14 angel investors.

Here is the list of recent funding rounds of Eight Sleep:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Mar 04, 2026
$50M
Series D
-
-
-
Aug 19, 2025
$100M
Series D
-
-
Jun 09, 2021
$87.6M
Series C
$500M
-
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Eight Sleep's founders and board of directors

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Here are the details of Eight Sleep's key team members:

Eight Sleep's Board of Directors

Eight Sleep's board has 8 active members. Keith Rabois, Matteo Franceschetti, Trae Stephens, Antonio Gracias, Andrea Ballarini, Alexandra Zatarain, Massimo Andreasi Bassi and NG YiPin are independent board members.
Here is the list of Eight Sleep's board of directors:
Name
Type
Representing
Status
Duration
Independent board member
-
Current
8y 3m
Independent board member
-
Current
9y 5m
Independent board member
-
Current
6y 5m
Independent board member
-
Current
4y 7m
Independent board member
-
Current
9y 5m
Independent board member
-
Current
9y 5m
Independent board member
-
Current
9y 5m
Independent board member
-
Current
9y 1m

Eight Sleep's employee count trend

Eight Sleep has 234 employees as of Mar 26. Here is Eight Sleep's employee count trend over the years:
Employee count trend for Eight Sleep
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Eight Sleep's Competitors and alternates

Top competitors of Eight Sleep include Casper, Leesa and Tuft & Needle. Here is the list of Top 10 competitors of Eight Sleep, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Casper
Casper
2014, New York City (United States), Acquired
Internet-first brand offering mattresses
$340M
82/100
2nd
Logo for Eight Sleep
Eight Sleep
2014, New York City (United States), Series D
Provider of AI-based internet-first brand of mattress and smart mattress covers
$324M
81/100
3rd
Logo for Leesa
Leesa
2014, Virginia Beach (United States), Acquired
Award-winning mattresses, bedding, and bases for better sleep and social impact
$36.2M
60/100
4th
Logo for Tuft & Needle
Tuft & Needle
2012, Tempe (United States), Acquired
Mattresses, bedding, and sleep tech designed for responsive comfort and support
-
-
47/100
5th
Logo for BedJet
BedJet
2014, Newport (United States), Late Stage
Retailer of climate control sleep systems and adjustable bed technology
-
45/100
6th
Logo for Bryte
Bryte
2016, Bellevue (United States), Series A
Internet fist brand offering smart mattresses
$46.5M
43/100
7th
Logo for Bedsure
Bedsure
2015, Diamond Bar (United States), Unfunded
Internet first brand offering mattresses and pillows
-
-
37/100
8th
Logo for inHarmony
inHarmony
2016, San Diego (United States), Unfunded
Internet first brand offering smart mattresses for home
-
-
37/100
9th
Logo for Mattress Safe
Mattress Safe
2004, Cumming (United States), Unfunded
Internet first brand offering mattress for home improvement
-
-
36/100
10th
Logo for Molecule
Molecule
2018, Los Angeles (United States), Unfunded
Internet first brand offering mattresses and bedding
-
-
33/100
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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:lockFilter this list
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
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:

News related to Eight Sleep

lockFilter this list
Media has covered Eight Sleep for a total of 7 events in the last 1 year, 4 of them have been about company updates.
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FAQs about Eight Sleep

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