Eight raises $6M

Eight, is a tech company which is changing the future of sleep. It is a smart bed cover for better night’s sleep. The company is revolutionizing the way we sleep through its smart mattress cover. It is a non werable sleep tracker that uses innovative technology for tracking and learning over 15 factors from your bed environment and sleep patterns. The Eight Sleep Tracker gives the feedback on optimal conditions to a good night’ s sleep and communicates this data with other smart electronic devices for regulating the lighting, bed temperature, door locks and a lot of other things in real time.

How much Eight was funded?

Eight raised $6M in Series A on March 2, 2016 from Vast Ventures, Galvanize Ventures, Jared Friedman, Comcast Ventures, StartX, Azure Capital Partners, Cota Capital, Y Combinator and YUNQI PARTNERS.

Previous funding

$620k on October 1, 2014 from Sterling.VC and Galvanize Ventures

What is next for Eight?

The company plans to use the funding raised for accelerating production, developing new products and for financing the growth initiatives. This funding round follows over 6,000 units sold in pre-orders via a successful Indiegogo campaign and the company’s website. Following the fulfillment of the pre-sale orders, the sleep tracker will be available on their website and amazon. Throughout the year the company will publish personalized sleep programs customized for its customers’ needs which are supported by the scientific research and uses the data collected by the sleep tracker.

More about Eight

Eight was founded on July 1, 2014 by Massimo Andreasi Bassi, Andrea Ballarini, Matteo Franceschetti and Alexandra Zatarain. The company has its headquarters in New York, New York. This company is revolutionizing the way we sleep in the form of a smart mattress cover. The company is using the power of data for understanding individual sleep patterns and discovering what sleep really means to the human life.