About The Sleep Company
The Sleep Company is a company based in Mumbai (India) founded in 2019 by Harshil Salot and Priyanka Goyal Salot.. The Sleep Company has raised $49.3 million across 5 funding rounds from investors including 360 One, Alteria Capital and Premji Invest. The company has 443 employees as of April 09, 2024. The Sleep Company offers products and services including Smart Ortho Pro Mattress, Onyx Orthopedic Office Chair, Smart Hybrid Pillow, and Luxe Motorised Recliner Sofa.
- Headquarter Mumbai, India
- Employees 443 as on 09 Apr, 2024
- Founders Harshil Salot, Priyanka Goyal Salot
- Stage Minicorn
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Comfort Grid Technologies Private Limited
- Date of Incorporation 22 Nov, 2019
- Jurisdiction Jogeshwari West, Maharashtra, India
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Annual Revenue
$15.59 M (USD)129.98as on Mar 31, 2023
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Net Profit
$-4.46 M (USD)-220.59as on Mar 31, 2023
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EBITDA
$-4.46 M (USD)-197.24as on Mar 31, 2023
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Total Equity Funding
$49.3 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
360 One
& 8 more
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Employee Count
443
as on Apr 09, 2024
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Products & Services of The Sleep Company
The Sleep Company offers a comprehensive portfolio of products and services, including Smart Ortho Pro Mattress, Onyx Orthopedic Office Chair, Smart Hybrid Pillow, and Luxe Motorised Recliner Sofa. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mattress designed for back support and cooling.
Chair for improved posture and productivity.
Pillow that adjusts for better neck support.
Sofa with motorized features for relaxation.
Funding Insights of The Sleep Company
The Sleep Company has successfully raised a total of $49.3M across 5 strategic funding rounds. 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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Last Round
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First Round
First Round
(30 Jun 2021)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2025 | Amount | Series D - The Sleep Company | Valuation | ChrysCapital | |
| Nov, 2023 | Amount | Series C - The Sleep Company | Valuation | Premji Invest , Rahul Garg | |
| Nov, 2022 | Amount | Debt – Venture - The Sleep Company | Valuation |
investors |
| 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 The Sleep Company
The Sleep Company has secured backing from 9 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include 360 One, Alteria Capital and Premji Invest. 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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Provides venture capital for technology startups and enterprise innovations worldwide.
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Founded Year | Domain | Location | |
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Early-stage consumer brand companies are invested in by Fireside Ventures.
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Founded Year | Domain | Location | |
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Venture debt funding and structured finance for innovative startups in India.
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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 The Sleep Company
| 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 - The Sleep Company
| 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 |
The Sleep Company Comparisons
Competitors of The Sleep Company
| 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 The Sleep Company
Frequently Asked Questions about The Sleep Company
When was The Sleep Company founded?
The Sleep Company was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is The Sleep Company located?
The Sleep Company is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is The Sleep Company a funded company?
The Sleep Company is a funded company, having raised a total of $49.3M across 5 funding rounds to date. The company's 1st funding round was a Debt – Venture of $990.69K, raised on Jun 30, 2021.
How many employees does The Sleep Company have?
As of Apr 09, 2024, the latest employee count at The Sleep Company is 443.
What is the annual revenue of The Sleep Company?
Annual revenue of The Sleep Company is $15.59M as on Mar 31, 2023.
What does The Sleep Company do?
The Sleep Company was founded in 2019 and is based in Mumbai, India. Operations center on the consumer goods sector, with a focus on smart bedding and furniture. Products such as mattresses, chairs, pillows, recliners, cushions, and beds are provided, all incorporating smart-grid technology. Features including airflow and elasticity are integrated into the designs. The platform is hosted at thesleepcompany.in for customer access.
What products or services does The Sleep Company offer?
The Sleep Company offers Smart Ortho Pro Mattress, Onyx Orthopedic Office Chair, Smart Hybrid Pillow, and Luxe Motorised Recliner Sofa.
Who are The Sleep Company's investors?
The Sleep Company has 9 investors. Key investors include 360 One, Alteria Capital, Premji Invest, Fireside Ventures, and Sumit Jalan.
What is The Sleep Company's valuation?
The valuation of The Sleep Company is $198.32M as of Nov 2023.