Eight Sleep
TypePrivate
IndustryMattresses
Founded2014 (2014)
FoundersMatteo Franceschetti, Massimo Andreasi Bassi, Andrea Ballarini, and Alexandra Zatarain
Headquarters
New York City
,
United States
ProductsSmart mattress
Websiteeightsleep.com

Eight Sleep is an American technology company based in New York City that specializes in developing and manufacturing of smart mattresses.[1][2][3][4]

History

Eight Sleep was founded in 2014 in San Francisco by Matteo Franceschetti, Massimo Andreasi Bassi, Andrea Ballarini, and Alexandra Zatarain.

The company financed their first projects through a crowdfunding campaign in 2015. Since 2016, the company has raised multiple rounds through venture capital, include a Series B fundraising round in 2018[5] and a Series C fundraising round in 2021 led by Valor Equity Partners with participation from SoftBank and Founders Fund.[6][7]

In 2022, Eight Sleep acquired health coaching company Span Health.

Products

Eight Sleep's flagship product is the Pod mattress cover that heats and cools between 55° and 110° F. It makes adjustments through the night to keep its users asleep and increase the duration of their deep and REM sleep stages.[8] According to clinical data, users observe an increase of 34% in time in deep sleep, an improvement of 19% in heart rate variability[9] and an overall sleep quality improvement of 32%.[10][11] The company has also integrated its offerings with Amazon's Echo devices.[12][13] In 2022, Eight Sleep launched the third generation of the Pod, Pod 3.[14][15]

Wearing an additional device to track sleep and health metrics is not required when using the Pod and the accuracy of readings is comparable to standalone devices.[16] For example, its heart rate tracking was calculated to be 99% as accurate[17] as a gold-standard electrocardiograph and its respiratory rate tracking was 98% accurate[18] when compared to a respiratory inductance plethysmography belt.[19][20]

The company's products have been well-received by technology reviewers. Newsweek called the company's Mattress Pod Pro system, the "mattress of the future" and praised the product's temperature control system as a major selling point.[21] Likewise, New York Magazine described the company's smart mattresses as the only ones on the market able to reliably provide temperature control.[22] However, a reviewer at Forbes who tried the bed found himself "a little anxious" due to the product's tendency to penalize his "sleep score" if he did not go to bed on time.[23]

In the future, the company plans on using blackout canopy curtains for more personalized heating and cooling throughout the night and adding additional sensors for health tracking.[24] This new product will also capture advanced imaging to detect illnesses.[25][26]

References

  1. ↑ "Eight Sleep, Inc.: Private Company Information - Bloomberg". www.bloomberg.com. Retrieved August 28, 2017.
  2. ↑ "Mars+ Smart Mattress believes Earthlings deserve better sleep". CNET. Retrieved August 28, 2017.
  3. ↑ "Eight's new Alexa skill makes controlling your smart mattress easier". Digital Trends. September 14, 2017. Retrieved September 15, 2017.
  4. ↑ "Online mattress retailer Eight adds Alexa integration | Furniture Today". www.furnituretoday.com. Retrieved September 15, 2017.
  5. ↑ "Sleep company Eight's latest funding round brings in $14M". MobiHealthNews. March 8, 2018. Retrieved October 28, 2023.
  6. ↑ "SoftBank Invests in Eight Sleep. Its 28 Patents Sweetened the Deal. – Patent Forecast". Retrieved October 28, 2023.
  7. ↑ Lunden, Ingrid (August 30, 2021). "Eight Sleep raises $86M as its smart mattress and 'sleep fitness' technology approaches $500M valuation". TechCrunch. Retrieved October 28, 2023.
  8. ↑ "Eight Sleep Pod Pro Cover Review". PCMAG. Retrieved February 26, 2023.
  9. ↑ Moyen, Nicole (2023). "HRV, HR & Deep Sleep Improvement with The Eight Sleep Pod". doi:10.13140/RG.2.2.13467.03363. {{cite journal}}: Cite journal requires |journal= (help)
  10. ↑ Moyen, Nicole (2023). "Eight Sleep Pod Leads to Improved Sleep Quality". doi:10.13140/RG.2.2.26888.80646. {{cite journal}}: Cite journal requires |journal= (help)
  11. ↑ "Eight Sleep Introduces Pod 3: The Latest Generation of Sleep Fitness Technology That Improves Sleep Quality by up to 32%". financialpost. Retrieved February 26, 2023.
  12. ↑ "Smart Mattress Measures Your Sleep Cycles, Surrounding Temperature and Breathing for Better Sleep | Electronics360". electronics360.globalspec.com. Retrieved October 16, 2017.
  13. ↑ Ha, Anthony. "Smart mattress startup Eight shows off its Alexa integration". TechCrunch. Retrieved October 16, 2017.
  14. ↑ Karcz, Anthony. "Cool Off In Bed This Summer With The New Eight Sleep Pod 3". Forbes. Retrieved February 26, 2023.
  15. ↑ "Eight Sleep Pod 3 Mattress Review". Sleep Foundation. May 20, 2020. Retrieved February 26, 2023.
  16. ↑ Andersen, R. J. (December 16, 2022). "Eight Sleep's Pod 3 is clearly amazing, but it was as frustrating as it was functional". Mashable. Retrieved February 26, 2023.
  17. ↑ Moyen, Nicole; Schiffer, Brian (2023). "The Eight Sleep Pod's Heart Rate and Heart Rate Variability Accuracy". doi:10.13140/RG.2.2.30244.24962. {{cite journal}}: Cite journal requires |journal= (help)
  18. ↑ Moyen, Nicole; Schiffer, Brian (2023). "The Eight Sleep Pod's Respiratory Rate Algorithm Accuracy". doi:10.13140/RG.2.2.36640.56321. {{cite journal}}: Cite journal requires |journal= (help)
  19. ↑ "The Pod's Heart Rate and Heart Rate Variability Accuracy". www.eightsleep.com. Retrieved February 26, 2023.
  20. ↑ "Eight Sleep Pod 3 review: The high price of great sleep". Engadget. Retrieved February 26, 2023.
  21. ↑ Hayes, Tyler (March 4, 2021). "The Eight Sleep Mattress—the smart bed of the future here today". Newsweek. Retrieved October 17, 2021.
  22. ↑ Pariso, Dominique (August 13, 2021). "Does This Temperature-Adjustable Mattress Pad Actually Keep You Cool?". The Strategist. Retrieved October 17, 2021.
  23. ↑ Karcz, Anthony. "Battle Of The Smart Beds: ReST Bed Vs. Eight Sleep Pod Pro". Forbes. Retrieved October 17, 2021.
  24. ↑ Pardes, Arielle. "The Co-Founders of Eight Sleep Want to Optimize Your Performance (in Bed)". The Information. Retrieved February 26, 2023.
  25. ↑ "theinformation: The Tesla of Mattresses Is Coming | Milled". Milled. Retrieved February 26, 2023.
  26. ↑ "@m_franceschetti on Twitter". Twitter. Retrieved February 26, 2023.
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