About Leesa
Leesa is a company based in Virginia Beach (United States) founded in 2014 by Jamie Diamonstein was acquired by 3Z Brands in March 2023.. Leesa has raised $36.25 million across 3 funding rounds from investors including Blake Mycoskie, One Better Ventures and TitleCard Capital. The company has 35 employees as of December 31, 2022. Leesa offers products and services including Mattresses, Bases, Pillows, and Bedding. Leesa operates in a competitive market with competitors including Casper, Purple, Tuft & Needle, Idle Sleep and GhostBed, among others.
- Headquarter Virginia Beach, United States
- Employees 35 as on 31 Dec, 2022
- Founders Jamie Diamonstein
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Leesa Sleep, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$36.25 M (USD)
in 3 rounds
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Latest Funding Round
$4.25 M (USD), Series B
Jan 25, 2019
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Investors
One Better Ventures
& 3 more
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Employee Count
35
as on Dec 31, 2022
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Acquired by
3Z Brands
(Mar 15, 2023)
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Products & Services of Leesa
Leesa offers a comprehensive portfolio of products and services, including Mattresses, Bases, Pillows, and Bedding. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Hybrid and memory foam options for comfortable sleep support.
Adjustable and platform bases for mattress elevation.
Various types for enhanced head and neck support.
Sheets and protectors to maintain mattress hygiene.
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Funding Insights of Leesa
Leesa has successfully raised a total of $36.25M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $4.25 million completed in January 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $4.2M
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First Round
First Round
(07 Jul 2015)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2019 | Amount | Series B - Leesa | Valuation |
investors |
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| Jul, 2017 | Amount | Series B - Leesa | Valuation | One Better Ventures | |
| Jul, 2015 | Amount | Series A - Leesa | Valuation | TitleCard Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Leesa
Leesa has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include Blake Mycoskie, One Better Ventures and TitleCard Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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VC firm investing in consumer brands
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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BM
Blake Mycoskie |
Founder of TOMS Shoes, social entrepreneur, and active angel investor
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Leesa
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Leesa
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Leesa Comparisons
Competitors of Leesa
Leesa operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Casper, Purple, Tuft & Needle, Idle Sleep and GhostBed, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mattresses and bedding are provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Mattresses and bedding are offered online by an internet-first brand.
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| domain | founded_year | HQ Location |
Multi-category home improvement products are sold online and in stores.
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| domain | founded_year | HQ Location |
Mattresses in foam, latex, and hybrid varieties are offered online.
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| domain | founded_year | HQ Location |
Specializes in high-quality mattresses from Nature's Sleep.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Leesa
Frequently Asked Questions about Leesa
When was Leesa founded?
Leesa was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is Leesa located?
Leesa is headquartered in Virginia Beach, United States. It is registered at Virginia Beach, Virginia, United States.
Is Leesa a funded company?
Leesa is a funded company, having raised a total of $36.25M across 3 funding rounds to date. The company's 1st funding round was a Series A of $9M, raised on Jul 07, 2015.
How many employees does Leesa have?
As of Dec 31, 2022, the latest employee count at Leesa is 35.
What does Leesa do?
Leesa was founded in 2014 in Virginia Beach, United States, as an online retailer in the mattress sector. Mattresses are designed with a focus on universal comfort and crafted for various body types. Orders are placed exclusively through the website at leesa.com, with products shipped for free and supported by a 100-night trial period along with straightforward returns.
Who are the top competitors of Leesa?
Leesa's top competitors include Casper, Purple and Tuft & Needle.
What products or services does Leesa offer?
Leesa offers Mattresses, Bases, Pillows, and Bedding.
Who are Leesa's investors?
Leesa has 4 investors. Key investors include Blake Mycoskie, One Better Ventures, TitleCard Capital, and 3Z Brands.