This year has been nothing short of phenomenal at Eight Sleep! I am thrilled to share that we recently closed $40 Million in new funding led by Founders Fund with the ongoing support of Khosla Ventures, Y Combinator, and new investors Craft Ventures, 8VC, Ryan Petersen, Kevin Hartz, and Jason Calacanis.
This round comes on the heels of the fantastic success of the Pod, our temperature-regulated smart bed, which launched this spring. The impact of the Pod so far has been incredible, with 84% of people who sleep cool on the Pod reporting improved sleep, and our members have seen an increase of up to 17% in periods of deep sleep with the Pod.
The Pod has optimized sleep for high performing athletes including Daryl Homer - Olympic Fencer, Ryan Lochte - Olympic Swimmer, Cassius Marsh - SF 49’ers, Mitchell Robinson - NY Knicks, Jarvis Landry - Cleveland Browns, Katie Boren - American Ballet Theatre, Matthew Dellavedova - Cleveland Cavaliers, and many more.
To date, Eight Sleep has changed the way tens of thousands of people sleep. Our new funding will allow us to take the next steps as pioneers of sleep fitness within the health and wellness industry, defining the future of sleep for humanity. We will grow the team, provide even better customer experience, cement our retail footprint, and reinforce our investment in R&D-- all in service of bringing you the best hardware and digital products for your best sleep ever.
We wouldn’t be here without the trust of our members, which inspires us every day to deliver cutting-edge innovative products that solve sleep’s biggest problems in 2020 and beyond. Thank you for championing us on this journey to bring sleep fitness to the world.
Co-Founder and CEO, Eight Sleep