Eight Sleep
Financials
Estimates*
EUR | 2023 |
---|---|
Revenues | 100m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$620k | Convertible | ||
N/A | Seed | ||
$6.0m | Seed | ||
$10.4m | Series A | ||
$5.0m | Series A | ||
* | $14.0m | Series B | |
$40.0m | Series C | ||
N/A | N/A | Series C | |
N/A | Late VC | ||
$86.0m Valuation: $500m | Series C | ||
Total Funding | CAD221m |
Related Content
Recent News about Eight Sleep
EditEight Sleep is a tech-driven startup that operates in the health and wellness market, specifically focusing on sleep improvement. The company's flagship product, The Pod, is a high-tech bed accessory that offers personalized temperature control for each side of the bed, allowing for a more comfortable and restful sleep. The Pod can adjust temperatures between 55°F and 110°F, catering to the individual preferences of each user.
In addition to temperature control, The Pod also provides sleep and health insights to help users understand their sleep quality and health trends. It features a vibration and thermal alarm for a gentle wake-up experience. The company claims that using The Pod can lead to a 32% improvement in sleep quality, 34% more deep sleep, and a 19% increase in recovery, as measured by Heart Rate Variability (HRV).
Eight Sleep's business model is based on direct-to-consumer sales through their website. They offer flexible payment options, including monthly installments as low as $57, with a 0% APR. The company also provides a risk-free 30-night trial, with free shipping and hassle-free returns, making it an attractive option for consumers looking to improve their sleep quality.
In summary, Eight Sleep is a consumer-focused health tech company that leverages technology to improve sleep quality and overall wellness. Their innovative product, The Pod, offers personalized temperature control and sleep insights, providing a unique value proposition in the wellness market.
Keywords: Sleep Improvement, Health Tech, Wellness, Personalized Temperature Control, Sleep Quality, Direct-to-Consumer, Monthly Installments, Risk-Free Trial, Free Shipping, Sleep Insights.