Eight Sleep
Summary active Updated May 24, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
Investors
Founders
About
Eight Sleep is a New York-based consumer sleep technology and predictive-health company founded in 2014 by Matteo Franceschetti (CEO), Massimo Andreasi Bassi (CTO), and Alex Zatarain — best known for the Pod, a temperature-regulating mattress cover that tracks sleep and adjusts in real time 123. The company reports free-cash-flow positivity in 2025 after launching three new products (Pod 5, Pod Pillow Cover, Thermal Blanket), expanding to 34 countries, and publishing two peer-reviewed studies showing the Pod reduces menopausal hot flashes by 56% 12. The $50M strategic round announced March 4, 2026 was led solely by Tether Investments at a $1.5B valuation, following a $100M growth round in August 2025 (from HSG, Valor Equity Partners, Founders Fund, and Y Combinator) at a $1B valuation; the new capital will fund expansion into predictive AI-driven health, FDA approval work for sleep-apnea detection, and additional international markets 123.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-03-04 | Strategic | $50M | Tether Investments | — 123 |
| 2025-08 | Growth | $100M | — | HSG, Valor Equity Partners, Founders Fund, Y Combinator 12 |
| 2021-08 | Series C | $86M | — | — 2 |
What Investors Say
“We believe advanced personalized AI is the perfect pathway to understand and expand human potential.”
— Paolo Ardoino, CEO, Tether 3
What Founders Say
“What we’re building doesn’t exist yet — a system that understands your body better each night and acts on that knowledge.”
— Matteo Franceschetti, Co-Founder & CEO, Eight Sleep 1
Sources
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TechCrunch, “Eight Sleep raises $50M at $1.5B valuation,” March 4, 2026. Accessed May 2026. https://techcrunch.com/2026/03/04/eight-sleep-raises-50m-at-1-5b-valuation/↩↩↩↩↩↩
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Crunchbase News, “Eight Sleep Raises $50M At $1.5B Valuation To Expand Into ‘Predictive, AI-Driven Health’,” March 4, 2026. Accessed May 2026. https://news.crunchbase.com/venture/unicorn-eight-sleep-funding-ai-driven-health/↩↩↩↩↩↩
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HIT Consultant, “Eight Sleep Raises $50M at $1.5B Valuation with Strategic Investment from Tether,” March 4, 2026. Accessed May 2026. https://hitconsultant.net/2026/03/04/eight-sleep-raises-50m-at-1-5b-valuation-with-strategic-investment-from-tether/↩↩↩↩