Eight Sleep, founded in 2014,is a sleep fitness brand that aims to improve sleep quality through personalized temperature, data, and technology. Their product, The Pod, is a heating and cooling system that adds personalized temperature control to each side of the bed and automatically cools or warms the bed based on the user’s body and environment. The Pod tracks your sleep and health metrics and wakes up each user with a vibration and thermal alarm.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
08/30/2021 | Series C | $87.58MM | $xx.xx | $376.91MM | Valor Equity Partners, SoftBank, Khosla Ventures, Founders Fund, General Catalyst | |
Price per Share
$xx.xx
Shares Outstanding
33,494,000
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Valor Equity Partners, SoftBank, Khosla Ventures, Founders Fund, General Catalyst
|
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11/06/2019 | Series B-2 | $40.83MM | $xx.xx | $105.3MM | Founders Fund, Khosla Ventures, Y Combinator, Craft Ventures, 8VC | |
Price per Share
$xx.xx
Shares Outstanding
37,900,287
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Founders Fund, Khosla Ventures, Y Combinator, Craft Ventures, 8VC
|
||||||
03/08/2018 | Series B-1 | $449,997 | $xx.xx | $44.07MM | Khosla Ventures, Y Combinator, Yunqi Partners | |
Price per Share
$xx.xx
Shares Outstanding
455,270
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Khosla Ventures, Y Combinator, Yunqi Partners
|
||||||
03/08/2018 | Series B | $10MM | $xx.xx | $44.07MM | Khosla Ventures, Y Combinator, Yunqi Partners | |
Price per Share
$xx.xx
Shares Outstanding
9,693,298
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Khosla Ventures, Y Combinator, Yunqi Partners
|
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01/24/2017 | Series A | $15.79MM | $xx.xx | $28.71MM | Yunqi Partners, Azure Capital, Y Combinator, Stanford StartX fund, Comcast Ventures, Sinovation Ventures | |
Price per Share
$xx.xx
Shares Outstanding
15,480,513
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Yunqi Partners, Azure Capital, Y Combinator, Stanford StartX fund, Comcast Ventures, Sinovation Ventures
|