Sleep Number

Minneapolis, United States Founded: 1987 • Age: 39 yrs Listed Acquired By Sterling Partners
Smart beds and sleep technology are provided for personalized wellness.

About Sleep Number

Sleep Number is a publicly listed company based in Minneapolis (United States) founded in 1987 by Robert Walker and JoAnn Walker, and was acquired by Sterling Partners in May 2009. Smart beds and sleep technology are provided for personalized wellness. It operates in the Healthcare and Technology sectors. The company has 3,650 employees. Its chief executive, as recorded, is Linda Findley. Its website sleepnumber.com draws about 2.1 million monthly visits. Its focus areas include HealthTech, Disease Self Management, Sleep and Monitoring. Its competitors include Jawbone, Biotricity and SleepScore Labs; 2 of its 3 listed competitors have raised funding.

Company details

Sleep Number was founded in 1987 and is headquartered in Minneapolis, United States. Operations focus on the sleep technology sector, where adjustable smart beds, mattresses in multiple sizes, and bedding items such as sheets, pillows, and blankets are designed and manufactured. Accessories like upholstered headboards and furniture are also produced to support sleep quality improvements across retail and direct channels.

  • Headquarters Minneapolis, United States
  • Employees 3,650
  • Founders Robert Walker, JoAnn Walker
  • Stage Acquired
  • Sectors
    Healthcare
    Technology
  • Website category Home and Garden · Furniture
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website sleepnumber.com
  • Social LinkedIn X
  • Acquired by Sterling Partners (May 2009)
  • Legal Name Sleep Number Corporation
Key Metrics
  • Annual Revenue
    $1.68 B (USD)
    -10.87
    as on Dec 31, 2024
  • Net Profit
    -$20.33 M (USD)
    -33.01
    as on Dec 31, 2024
  • EBITDA
    $106.14 M (USD)
    -4.44
    as on Dec 31, 2024
  • Latest Funding Round
    $10M (USD), Post-IPO

    Oct 2009

  • Investors
  • Employee Count
    3,650
  • Acquired by

Apps and channels of Sleep Number

Sleep Number publishes 1 mobile app with over 1M+ downloads.

Sleep Number
Google Play Health & Fitness Everyone Free 1M+ downloads
Developer: Sleep Number Corporation
View on Google Play

Funding Insights of Sleep Number

  • Total Rounds 1
  • Last Round Post-IPO β€” $10M
  • First Round $10M

    (Oct 2009)

All 1 funding rounds of Sleep Number with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2009$10MPost-IPO––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Sleep Number

Sleep Number has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Sterling Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity firm
sterlingpartners.comChicago, United States
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Investor details for Sleep Number

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People of Sleep Number

216 people are tracked at Sleep Number (78 in leadership, 12 in board & advisors, 126 in team); the tracked headcount is 3,650.

NameRoleGroup
Robert Walker
Co-FounderLeadership
JoAnn Walker
Co-FounderLeadership
Craig Benson
Director Of Sales OperationsLeadership
Linda Findley
President & CEOLeadership
Ernie Park
SVP & CIOLeadership
Shelly Ibach
CEOLeadership
Esteban Pardo
Human Resources Business PartnerLeadership
Kate Lilligren
Director, Human ResourcesLeadership
Dawn Gordon
Vice President Of Internal Audit & Risk ManagementLeadership
Charlie Roberts
General ManagerLeadership
Kate Adams
Sr. Director, Manufacturing And Assembly OperationsLeadership
Jeff Heath
Director Of LogisticsLeadership
Josh Peterson
Senior DirectorLeadership
Cathy Houston
Talent Acquisition Partner, IT And Supply ChainLeadership
Sheila Benton Retana
Associate Human Resource Business PartnerLeadership
Christine Lien
Creative DirectorLeadership
Amity Scott
Vice President Of Data, Digital Engagement & Portfolio ManagementLeadership
Samuel R. Hellfeld
SVP, Chief Legal & Risk Officer & SecretaryLeadership
Kathy Skoby
Executive Assistant To Chief Marketing OfficerLeadership
Marisha Paisley
Director, Finance Sleep Innovation At Sleep NumberLeadership

196 more people are available in the full profile.

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Complete people profiles for Sleep Number

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IPO & Listings of Sleep Number

Sleep Number is a publicly listed company on the NASDAQ with ticker symbol SNBR 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.

  • IPO date04 Dec 1998
  • Listed onNASDAQ: SNBR
  • Listed entitySleep Number Corporation
  • Exchange sectorConsumer durables
  • ISINUS83125X1037
  • Share price$2.85 (-5.94% on the day) · 2026-05-11
  • Market capitalisation$65.7M
  • EPS (diluted, trailing year)$-5.77
  • Volume (last session)621,769
  • Analyst consensusNeutral

Financials of Sleep Number

Exchange-reported annual figures
YearRevenueNet incomeEBITDA
2024$1.68B-$20.3M$106.1M
2023$1.89B-$15.3M$111.1M
2022$2.11B$36.6M$135.3M
2021$2.18B$153.8M$253.9M
2020$1.86B$139.2M$246.5M
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Detailed financial statements for Sleep Number

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Sleep Number

4 dated milestones of Sleep Number across 22 years, from founding to its latest funding, stage changes and deals.

  1. Founded Sleep Number is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Exit Acquired by Sterling Partners.
  4. Funding First funding round of $10.0M.

Competitors of Sleep Number

Sleep Number has 3 listed competitors in our database, 2 of them funded. They include Jawbone, Biotricity and SleepScore Labs.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
jawbone.com1997San Francisco, United States$877.03M
Provider of wearable devices for activity and sleep tracking
biotricity.com2014San Francisco, United States55
Developer of medical remote monitoring solutions that help prevent and manage chronic diseases
sleepscore.com2016San Diego, United States$1.85M34
Sleep quality is monitored via bedside devices and mobile apps.
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Detailed competitors of Sleep Number

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Web traffic of Sleep Number

The website of Sleep Number (sleepnumber.com) receives about 2.1M visits a month and ranks #36,242 among all websites worldwide, #399 in Furniture.

  • Monthly visits
    2.1M

    ▲ 37.2% vs previous month

  • Unique visitors
    917.2K

    per month

  • Global rank
    #36,242

    among all websites

  • Category rank
    #399

    Home and Garden · Furniture

Similar websites

Websites whose visitors overlap most with Sleep Number. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
tempurpedic.com
100%
1.1M#36,760View details
mattressfirm.com
98%
8.7M#7,770View details
nectarsleep.com
77%
3.7M#20,377View details
dreamcloudsleep.com
72%
#54,535View details
saatva.com
72%
1.6M#38,576View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Sleep Number

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Top companies in Fitness & Wellness Platforms

3 companies that operate in the same segment as Sleep Number (Fitness & Wellness Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Smart fitness equipment and streaming platforms are provided.
2011New York, New York, United StatesUSD 995.53 MUSD 2.45 B2,894
Fitness class memberships are offered across various gyms and studios.
2013New York, New York, United StatesUSD 550 M969
Subscription-based social networking platform for runners and cyclists
2009San Francisco, California, United StatesUSD 180 M999
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Related news about Sleep Number

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Complete news archive for Sleep Number

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Frequently Asked Questions about Sleep Number

Sleep Number was founded in 1987 and raised its 1st funding round 22 years after it was founded.

Sleep Number is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.

Linda Findley is the CEO of Sleep Number, as recorded in our data.

Sleep Number has 3,650 employees.

Annual revenue of Sleep Number is $1.68B as on Dec 31, 2024.

Sleep Number was founded in 1987 and is headquartered in Minneapolis, United States. Operations focus on the sleep technology sector, where adjustable smart beds, mattresses in multiple sizes, and bedding items such as sheets, pillows, and blankets are designed and manufactured. Accessories like upholstered headboards and furniture are also produced to support sleep quality improvements across retail and direct channels.

Sleep Number's top competitors include Jawbone, Biotricity and SleepScore Labs.

Yes, Sleep Number is publicly traded on NASDAQ under the ticker symbol SNBR.

Sleep Number has 1 investor. Key investors include Sterling Partners.

Yes. Sleep Number was acquired by Sterling Partners in May 2009.

Yes. Sleep Number publishes Sleep Number, with over 1 million downloads.

The website of Sleep Number receives about 2.1 million visits a month and ranks #36,242 among all websites worldwide.

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