INSUBCONTINENT EXCLUSIVE:
albeit smart ones packed with sensors and temperature regulation controls
The company has raised north of $70 million from backers including Founders Fund and Khosla Ventures
A great deal of this funding surrounds the idea that there is more untapped potential in the sleep economy than existing players in the
Casper debuted trading at a value of $575 million, a far cry from the $1.1 billion private market valuation it had previously
achieved.Franceschetti has been aiming to transform Eight Sleep into a company more focused on a robust tech platform than your average
build out a more end-to-end platform for sleep, something Franceschetti says has made him reticent to compare his company to other
direct-to-consumer mattress companies.
