Sleep Number

Minneapolis, United States Founded: 1987 • Age: 39 yrs Acquired By Sterling Partners
Smart beds and sleep technology are provided for personalized wellness.
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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
  • Sectors
    Healthcare
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Sleep Number Corporation
Operational Areas
Healthcare → Health Technology & Digital Health
Healthcare → Health Technology & Digital Health
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
    $1.68 B
    -10.87
    as on Dec 31, 2024
  • Net Profit
    $-20.33 M
    -33.01
    as on Dec 31, 2024
  • EBITDA
    $106.14 M
    -4.44
    as on Dec 31, 2024
  • Latest Funding Round
    $10 M (USD), Post-IPO

    Oct 16, 2009

  • Investors
  • Employee Count
    3650

    as on Dec 31, 2024

  • 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.

Exchange: NASDAQ · Ticker: SNBR . Sector: Consumer durables · USA
People of Sleep Number
Headcount 5000-10000
Employee Profiles 199
Board Members and Advisors 12
Employee Profiles
People
Melissa Funk
Integrated Media Manager
People
Caitlyn McCaigue
Ecommerce Planner, Digital Personalization & Testing
People
Dawn Croasdale
Indirect Sourcing Manager
People
Esteban Pardo
Human Resources Business Partner

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Board Members and Advisors
people
Julie M. Howard
Director
people
Stephen L. Gulis Jr
Director
people
Deborah L. Kilpatrick
Director
people
Brenda J. Lauderback
Director

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Funding Insights of Sleep Number

  • Total Funding
  • Total Rounds 1
  • Last Round Post-IPO — $10.0M
  • First Round

    (16 Oct 2009)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2009 Amount Post-IPO - Sleep Number Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Sleep Number

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Sleep Number

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Sleep Number Comparisons

Employees
+
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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.
domain founded_year HQ Location
Health-tracking smart rings and biosensors are developed for biometric monitoring.
domain founded_year HQ Location
Provider of wearable devices for activity and sleep tracking
domain founded_year HQ Location
Developer of medical remote monitoring solutions that help prevent and manage chronic diseases
domain founded_year HQ Location
Sunrise is focused on sleep apnea diagnostic solutions.
domain founded_year HQ Location
Sleep quality is monitored via bedside devices and mobile apps.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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?

Sleep Number's top competitors include Oura, Muse and Jawbone.

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.

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