About Tuft & Needle
Tuft & Needle is a company based in Tempe (United States) founded in 2012 was acquired by Serta Simmons in August 2018.. Tuft & Needle offers products and services including T&N Original Mattress, T&N Original Hybrid, T&N Mint, and T&N Mint Hybrid. Tuft & Needle operates in a competitive market with competitors including Eight Sleep, Casper, Leesa, Purple and BedJet, among others.
- Headquarter Tempe, United States
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Tuft And Needle
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
Serta Simmons
(Aug 22, 2018)
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Products & Services of Tuft & Needle
Tuft & Needle offers a comprehensive portfolio of products and services, including T&N Original Mattress, T&N Original Hybrid, T&N Mint, and T&N Mint Hybrid. 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.
Responsive foam mattress for bounce-back support and comfort
Hybrid mattress with coils for motion control and support
Cooling foam mattress for enhanced contouring and temperature regulation
Advanced hybrid mattress with micro coils for personalized support
Funding Insights of Tuft & Needle
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Tuft & Needle
Tuft & Needle has secured backing from 1 investor. Prominent investors backing the company include Serta Simmons. 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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Manufacturer of mattresses and bedding products
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Tuft & Needle
| 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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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Tuft Needle
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Tuft & Needle Comparisons
Competitors of Tuft & Needle
Tuft & Needle 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 Eight Sleep, Casper, Leesa, Purple and BedJet, 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 |
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| domain | founded_year | HQ Location |
AI-enabled smart mattress covers and thermoregulated bedding are provided.
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| domain | founded_year | HQ Location |
Mattresses and bedding are provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Luxury mattresses are sold online and delivered directly to customers.
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| domain | founded_year | HQ Location |
Mattresses and bedding are offered online by an internet-first brand.
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| domain | founded_year | HQ Location |
Bed climate is regulated via smart air technology by BedJet.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Tuft & Needle
Frequently Asked Questions about Tuft & Needle
When was Tuft & Needle founded?
Tuft & Needle was founded in 2012.
Where is Tuft & Needle located?
Tuft & Needle is headquartered in Tempe, United States. It is registered at Tempe, Arizona, United States.
What does Tuft & Needle do?
Tuft Needle was founded in 2012 in Tempe, United States, as an internet-first brand in the home improvement sector. Mattresses were initially offered directly to consumers via the company website and Amazon.com. The product range has since been expanded to include bedding, furniture, bed frames, pillows, sheets, and bean bags. Physical stores have been opened to complement online operations.
Who are the top competitors of Tuft & Needle?
Tuft & Needle's top competitors include Eight Sleep, Casper and Purple.
What products or services does Tuft & Needle offer?
Tuft & Needle offers T&N Original Mattress, T&N Original Hybrid, T&N Mint, and T&N Mint Hybrid.
Who are Tuft & Needle's investors?
Tuft & Needle has 1 investor. Key investors include Serta Simmons.
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