About Simmons
Simmons is a Consumer company based in Athens (United States) founded in 1870, and was acquired by Thomas H Lee Partners in December 2003. Hybrid and quilted mattresses are manufactured and shipped to consumers. Its chief executive, as recorded, is Gary Fazio. Its website simmons.com draws about 17 thousand monthly visits. Simmons offers products and services including Hybrid Mattresses, Quilted Mattresses, and Mattress Topper. Its focus areas include Consumer Goods, Home Furnishing Products, Home Textiles and Home Linen. Its legal entity in India is Simmons Bedding & Furniture (india)private Limited (U36912HR2014FTC051550). Its competitors include Eight Sleep, Casper and Leesa; 3 of its 3 listed competitors have raised funding.
Company details
Simmons was founded in 1870 in Athens, United States. Hybrid mattresses with individually wrapped coils for comfort and airflow, along with quilted designs for cooling and pressure relief, are produced in the bedding sector. Assembly takes place domestically, followed by direct shipment to consumers. A money-back guarantee and warranty are included with purchases. Accessories such as mattress toppers are also available.
- Headquarters Athens, United States
- Stage Acquired
- SectorsConsumer
- Website simmons.com
- Social LinkedIn X Facebook Instagram
- Acquired by Thomas H Lee Partners (Dec 2003)
- Legal Name Simmons Bedding & Furniture (India)Private Limited
- Date of Incorporation 10 Jan, 2014
- Jurisdiction Gurgaon, Haryana, India
- Indian entity revenue₹87,027
FY 2019 · -92% YoY
- Indian entity net loss-₹30.3 Lakh
FY 2019 · -3487% margin
- Indian entity EBITDA-₹29.2 Lakh
FY 2019 · -3357% margin
- Latest Funding Round$425M (USD), Debt – Conventional
Jan 2010
- InvestorsThomas H Lee Partners
& 1 more
- Acquired by
Associated legal entities of Simmons
Simmons operates through Simmons Bedding & Furniture (India) Private Limited (under liquidation). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2019) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Simmons Bedding & Furniture (India) Private Limited CIN U36912HR2014FTC051550 | Under Liquidation | 10 Jan 2014 | Gurgaon, Haryana | ₹0.0 Cr | 3 | View details |
Products & Services of Simmons
Simmons offers a comprehensive portfolio of products and services, including Hybrid Mattresses, Quilted Mattresses, and Mattress Topper.
Mattresses combining foam and coils for consistent comfort.
Mattresses with quilted covers for cooling and pressure relief.
Layer for added comfort and support on existing mattresses.
Funding Insights of Simmons
- Total Rounds 1
- Last Round Debt – Conventional — $425M
- First Round $425M
(Jan 2010)
All 1 funding rounds of Simmons with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2010 | $425M | Debt – Conventional | – | – | – |
2 investors in total: 2 institutional.
Investors in Simmons
Simmons has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Thomas H Lee Partners and Investcorp.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investments are directed toward traditional industries. | 1974 | thl.com | Boston, United States | |
Private equity, real estate, and credit investments are managed globally. | investcorp.com | New York, United States |
Investor details for Simmons
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Board of directors of Simmons Bedding & Furniture (India) Private Limited (Simmons)
Simmons Bedding & Furniture (India) Private Limited is the primary company behind Simmons. The board of Simmons Bedding & Furniture (India) Private Limited currently have 3 directors; the longest-serving is Masafumi Ito, appointed in 2014. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Masafumi Ito DIN 06711879 | Director | 10 Jan 2014 | 12 yrs 9 mo | Simmons Bedding & Furniture (India) Private Limited |
| Asuka Ono DIN 03433376 | Director | 01 Nov 2017 | 8 yrs 11 mo | Simmons Bedding & Furniture (India) Private Limited |
| Kheng Ho Ang DIN 09204981 | Director | 17 Jun 2021 | 5 yrs 4 mo | Simmons Bedding & Furniture (India) Private Limited |
People of Simmons
22 people are tracked at Simmons (5 in leadership, 17 in team).
| Name | Role | Group |
|---|---|---|
Gary Fazio | CEO | Leadership |
Jim Loree | Chief Executive Officer | Leadership |
Bill Elliott | Vice President, Field Sales - Western Region | Leadership |
Noam Hoch | Head Of Product Design Section Simmons Israel | Leadership |
David Yuen | General Manager | Leadership |
Donna Pass | Plant Transportation Manager (ptm) | Team |
Anne Bernstein | Manager Of Retail Sales/brand/marketing - Simmons Bedding Company/simmons Kids | Team |
Gay Williford | Sales Representative | Team |
Jeffrey Herman | National Account Retail Sales Manager | Team |
Tim Looney | Plant Manager | Team |
Talisia Tyler | Materials Manager | Team |
Scott Armstrong | Logistics Operations Mgr | Team |
Vadim Arutyunyan | Production Supervisor | Team |
David Trent | Maintenance Coordinator | Team |
Clara Dequick | Corporate Counsel | Team |
Laura Reid | Manager, Corporate Meetings And Travel/executive Assistant | Team |
Butch Webster | V.p Specialty Products | Team |
Christopher Jones | Senior Accountant | Team |
Jim Fenton | Operations Manager | Team |
Bridget Price | Hospitality Supervisor | Team |
2 more people are available in the full profile.
Complete people profiles for Simmons
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Financials of Simmons
Figures of Simmons Bedding & Furniture (India) Private Limited, the primary company behind Simmons, for FY 2019. Revenue was ₹87,027 (-92% year on year). Net loss was -₹30.3 Lakh (-3487% margin). EBITDA was -₹29.2 Lakh (-3357% margin). Revenue has grown at a compounded annual rate of -88% over three years and -45% over five years.
- ₹87,027Revenue · FY 2019 · -92% YoY
- -₹30.3 LakhNet loss · -3487% margin
- -₹29.2 LakhEBITDA · -3357% margin
- ₹4.25 CrPaid-up capital
- -88%Revenue CAGR, 3 years
- -45%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Simmons Bedding & Furniture (India) Private Limited are on its company page.
Detailed financial statements for Simmons
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Timeline of Simmons
4 dated milestones of Simmons across 140 years, from founding to its latest funding, stage changes and deals.
- Founded Simmons is founded.
- Exit Acquired by Investcorp.
- Exit Acquired by Thomas H Lee Partners.
- Funding First funding round of $425.0M.
Competitors of Simmons
Simmons has 3 listed competitors in our database, 3 of them funded. They include Eight Sleep, Casper and Leesa.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| eightsleep.com | 2014 | New York, United States | $323.07M | 61 | AI-enabled smart mattress covers and thermoregulated bedding are provided. | |
| casper.com | 2014 | New York, United States | $339.7M | 471 | Mattresses and bedding are provided by an internet-first brand. | |
| leesa.com | 2014 | Virginia Beach, United States | $36.25M | 35 | Luxury mattresses are sold online and delivered directly to customers. |
Detailed competitors of Simmons
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Benchmarks
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Web traffic of Simmons
The website of Simmons (simmons.com) receives about 17.4K visits a month.
- Monthly visits17.4K
▲ 9.3% vs previous month
Websites whose visitors overlap most with Simmons. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
beautyrest.com | beautyrest.com | 100% | #221,037 | – | |
| sealy.com | 100% | 453.1K | #140,031 | View details | |
| serta.com | 100% | 153.2K | View details | ||
unfinishedfurnstores.com | unfinishedfurnstores.com | 99% | – | ||
| tempurpedic.com | 90% | 1.1M | #36,760 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 24 similar websites and full traffic analytics for Simmons
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- 24 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Home & Living Products
3 companies that operate in the same segment as Simmons (Home & Living Products) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App based platform to connect users with local service professionals | 2008 | San Francisco, California, United States | USD 698.85 M | 1,807 | ||
Provider of FMCG conglomerate products | 1837 | United States | USD 457.23 M | 923 | ||
Multi-category home improvement products are sold online by Wayfair. | 2002 | Boston, Massachusetts, United States | USD 368.2 M | USD 12.46 B | 3 |
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Related news about Simmons
Complete news archive for Simmons
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Frequently Asked Questions about Simmons
Simmons was founded in 1870 and raised its 1st funding round 140 years after it was founded.
Simmons is headquartered in Athens, United States.
Gary Fazio is the CEO of Simmons, as recorded in our data.
The primary company behind Simmons, Simmons Bedding & Furniture (India) Private Limited, reported revenue of ₹87,027 for FY 2019, down 92% year on year.
Simmons was founded in 1870 in Athens, United States. Hybrid mattresses with individually wrapped coils for comfort and airflow, along with quilted designs for cooling and pressure relief, are produced in the bedding sector. Assembly takes place domestically, followed by direct shipment to consumers. A money-back guarantee and warranty are included with purchases. Accessories such as mattress toppers are also available.
Simmons's top competitors include Eight Sleep, Casper and Leesa.
Simmons offers Hybrid Mattresses, Quilted Mattresses, and Mattress Topper.
Simmons has 2 investors. Key investors include Thomas H Lee Partners, and Investcorp.
Simmons operates through Simmons Bedding & Furniture (India) Private Limited.
Yes. Simmons was acquired by Thomas H Lee Partners in December 2003.
The legal entities of Simmons currently have 3 directors, including Kheng Ho Ang, Asuka Ono, Masafumi Ito.