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.
- Website
- www.eightsleep.com/
- 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
Investors
Ranked
2nd among 77 active competitors
Employee Count
234 as on Mar 31, 2026
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 |
|---|---|---|---|---|
EIGHT SLEEP, INC CIN: 472285230 , United States, Active | Dec 31, 1999 | - | 73 (As on Dec 31, 2024) | - |
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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:
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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 | - |
View details of Eight Sleep's funding rounds and investors
Eight Sleep's founders and board of directors
Founder? Claim ProfileThe founders of Eight Sleep are Matteo Franceschetti, Andrea Ballarini, Alexandra Zatarain and Massimo Andreasi Bassi.
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, Luna Sleep and Eight. They are also an angel investor in 6 startups and serve on the board of 1 company.
- Andrea Ballarini: Co-founder & COO of Eight Sleep and founder of 1 other company. They serve on the board of 1 company.
- Alexandra Zatarain: Co-Founder of Eight Sleep and founder of 2 other companies, Luna Sleep and Eight. They serve on the board of 1 company.
- Massimo Andreasi Bassi: Co-Founder and CTO of Eight Sleep. They serve on the board of 1 company.
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 |
View details of Eight Sleep's Founder profiles and Board Members
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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Casper 2014, New York City (United States), Acquired | Internet-first brand offering mattresses | $340M | 82/100 | |
2nd | 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 | Leesa 2014, Virginia Beach (United States), Acquired | Award-winning mattresses, bedding, and bases for better sleep and social impact | $36.2M | 60/100 | |
4th | Tuft & Needle 2012, Tempe (United States), Acquired | Mattresses, bedding, and sleep tech designed for responsive comfort and support | - | - | 47/100 |
5th | BedJet 2014, Newport (United States), Late Stage | Retailer of climate control sleep systems and adjustable bed technology | - | 45/100 | |
6th | Bryte 2016, Bellevue (United States), Series A | Internet fist brand offering smart mattresses | $46.5M | 43/100 | |
7th | Bedsure 2015, Diamond Bar (United States), Unfunded | Internet first brand offering mattresses and pillows | - | - | 37/100 |
8th | inHarmony 2016, San Diego (United States), Unfunded | Internet first brand offering smart mattresses for home | - | - | 37/100 |
9th | Mattress Safe 2004, Cumming (United States), Unfunded | Internet first brand offering mattress for home improvement | - | - | 36/100 |
10th | Molecule 2018, Los Angeles (United States), Unfunded | Internet first brand offering mattresses and bedding | - | - | 33/100 |
Looking for more details on Eight Sleep's competitors? Click here to see the top ones
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:
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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 (United Kingdom) | |
Sep 09, 2021 | Investments | 2015 | San Francisco (United States) |
See all investments by Eight Sleep
Reports related to Eight Sleep
Here is the latest report on Eight Sleep's sector:
News related to Eight Sleep
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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Eight Sleep Reaches $1.5B Valuation, Accelerates Predictive AI for HealthBusiness Wire•Mar 04, 2026•Tether, Eight Sleep, Tether, Y Combinator and 1 other
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Sleep Fitness Biz Eight Sleep Secures $100M in VC FundingLaw360•Aug 19, 2025•Valor Equity Partners, Founders Fund, Eight Sleep, StimScience and 3 others
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Sleep.8 Closes UK Stores due to operational challenges, expands in SpainThe Retail Bulletin•Aug 06, 2025•Eight Sleep
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Eight Sleep Launches Hot Flash Mode & Women’s Sleep Research InitiativeCerebral•Jul 24, 2025•Eight Sleep
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Eight Sleep Launches Pod 5 in Saudi Arabia Targeting Sleep CrisisGulf Business•May 18, 2025•Eight Sleep
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Shadowfax kicks off Series F round at $712 Mn valuationEntrackr•Feb 03, 2025•Shadowfax, Flipkart, Delhivery, Ecom Express and 11 others
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Sleep Smarter: Eight Sleep, The World's First Sleep Fitness Company, Expands to the UAEBusiness Wire•Nov 20, 2024•Eight Sleep
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