About Sleep Number
Sleep Number is a company based in Minneapolis (United States) founded in 1987 by Robert Walker and JoAnn Walker was acquired by Sterling Partners in May 2009.. The company has 3,650 employees as of December 31, 2024. Sleep Number operates in a competitive market with competitors including Muse, Oura, Jawbone, Biotricity and Sunrise, among others.
- Headquarter Minneapolis, United States
- Employees 3650 as on 31 Dec, 2024
- Founders Robert Walker, JoAnn Walker
- Stage Public
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sleep Number Corporation
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Annual Revenue
$1.68 B-10.87as on Dec 31, 2024
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Net Profit
$-20.33 M-33.01as on Dec 31, 2024
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EBITDA
$106.14 M-4.44as on Dec 31, 2024
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Latest Funding Round
$10 M (USD), Post-IPO
Oct 16, 2009
- Investors
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Employee Count
3650
as on Dec 31, 2024
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Acquired by
Sterling Partners
(May 26, 2009)
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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.
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Software Development Team
46 people
Leadership Team
22 people
Human Resources and Administration
21 people
Product Management Team
20 people
Senior Team
14 people
Operations Team
8 people
Sales and Marketing
8 people
Legal and Compliance
7 people
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Funding Insights of Sleep Number
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $10.0M
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First Round
First Round
(16 Oct 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2009 | Amount | Post-IPO - Sleep Number | Valuation |
investors |
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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 Sleep Number
Sleep Number has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Sterling Partners. 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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Private equity firm
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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 Sleep Number
| 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 - Sleep Number
| 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 |
Sleep Number Comparisons
Competitors of Sleep Number
Sleep Number 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 Muse, Oura, Jawbone, Biotricity and Sunrise, 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 |
EEG-powered headbands for meditation and sleep biofeedback are developed.
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| domain | founded_year | HQ Location |
Health-tracking smart rings and biosensors are developed for biometric monitoring.
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| domain | founded_year | HQ Location |
Provider of wearable devices for activity and sleep tracking
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| domain | founded_year | HQ Location |
Developer of medical remote monitoring solutions that help prevent and manage chronic diseases
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| domain | founded_year | HQ Location |
Sunrise is focused on sleep apnea diagnostic solutions.
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| domain | founded_year | HQ Location |
Sleep quality is monitored via bedside devices and mobile apps.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Sleep Number
Frequently Asked Questions about Sleep Number
When was Sleep Number founded?
Sleep Number was founded in 1987 and raised its 1st funding round 22 years after it was founded.
Where is Sleep Number located?
Sleep Number is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Who is the current CEO of Sleep Number?
Linda Findley is the current CEO of Sleep Number.
How many employees does Sleep Number have?
As of Dec 31, 2024, the latest employee count at Sleep Number is 3,650.
What is the annual revenue of Sleep Number?
Annual revenue of Sleep Number is $1.68B as on Dec 31, 2024.
What does Sleep Number do?
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.
Who are the top competitors of Sleep Number?
Is Sleep Number publicly traded?
Yes, Sleep Number is publicly traded on NASDAQ under the ticker symbol SNBR.
Who are Sleep Number's investors?
Sleep Number has 1 investor. Key investors include Sterling Partners.
What is Sleep Number's ticker symbol?
The ticker symbol of Sleep Number is SNBR on NASDAQ.