About Purple
Purple is a company based in Alpine (United States) founded in 1982. Purple has raised $10 million across 2 funding rounds from investors including Global Partner AC. The company has 1,200 employees as of December 31, 2024. Purple has completed 1 acquisition, including Intellibed. Purple operates in a competitive market with competitors including Casper, Leesa, Caavo, Helix Sleep and Brooklinen, among others.
- Headquarter Alpine, United States
- Employees 1200 as on 31 Dec, 2024
- Stage Public
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Sectors
Consumer
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Purple Innovation, Inc.
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Annual Revenue
$487.88 M (USD)-4.44as on Dec 31, 2024
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Net Profit
-$97.9 M (USD)18.93as on Dec 31, 2024
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EBITDA
-$20.47 M (USD)74.95as on Dec 31, 2024
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Total Equity Funding
$10 M (USD)
in 2 rounds
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Latest Funding Round
$5 M (USD), Series B
Dec 30, 2009
- Investors
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Employee Count
1200
as on Dec 31, 2024
- Investments & Acquisitions
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Acquired by
N/A
(Mar 01, 2018)
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IPO & Listings of Purple
Purple is a publicly listed company on the NASDAQ with ticker symbol PRPL in USA, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Purple
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Leadership Team
24 people
Human Resources and Administration
16 people
Software Development Team
14 people
Operations Team
13 people
Finance and Accounting
9 people
Senior Team
8 people
Product Management Team
8 people
Legal and Compliance
7 people
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Funding Insights of Purple
Purple has successfully raised a total of $10M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in December 2009. 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.
Investors in Purple
Purple has secured backing from 1 investor. Prominent investors backing the company include Global Partner AC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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globalpartnerac.com
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Locked | Locked | Locked |
Investor details for Purple
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Purple
Purple has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Intellibed.
Investment portfolio details for Purple
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Mattresses and bedding accessories are manufactured and distributed by Intellibed.
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Locked | Locked | 2000 | Locked |
Complete acquisition details for Purple
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
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Financial Statements - Purple
Detailed financials for Purple
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Purple Comparisons
Peer comparison for Purple
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Competitors of Purple
Purple 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, Leesa, Caavo, Helix Sleep and Brooklinen, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Mattresses and bedding are provided by an internet-first brand.
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| Locked | Locked | Locked |
Luxury mattresses are sold online and delivered directly to customers.
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| Locked | Locked | Locked |
Private label brand of universal remote controllers
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| Locked | Locked | Locked |
Personalized internet first mattress company
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| Locked | Locked | Locked |
Internet-first brand of home textiles
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Detailed competitors of Purple
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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Latest news on Purple
Complete news archive for Purple
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Frequently Asked Questions about Purple
Purple was founded in 1982 and raised its 1st funding round 27 years after it was founded.
Purple is headquartered in Alpine, United States. It is registered at Alpine, Texas, United States.
Purple is a funded company, having raised a total of $10M across 2 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Purple is 1,200.
Annual revenue of Purple is $487.88M as on Dec 31, 2024.
Purple was founded in 1982 and is based in Alpine, United States. Operations focus on the mattress sector through an internet-first model. Mattresses in various sizes are provided, featuring a design that layers latex foam over memory foam to combine material benefits. Complementary products, including pillows, bed frames, bedding, and bed sheets, are also supplied to support sleep solutions.
Purple's top competitors include Casper, Brooklinen and Helix Sleep.
Yes, Purple is publicly traded on NASDAQ under the ticker symbol PRPL.
Purple has made 1 acquisition, including Intellibed.
Purple has 1 investor. Key investors include Global Partner AC.
The ticker symbol of Purple is PRPL on NASDAQ.