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Eight Sleep secures a strategic funding round led by Tether Investments, reaching a valuation of $1.5 billion to expand into predictive AI health.
Amount Raised
$1.5 Billion
Investors
Description
Eight Sleep, the leading sleep technology company, has announced a new strategic round led by Tether Investments, valued at $1.5 billion. This investment will fuel its transition from sleep optimization to a predictive AI health platform. The company has achieved free cash flow positivity and is expanding its global presence. With advancements in predictive technology, Eight Sleep is transforming its offerings to improve recovery through intelligent adjustments.
Funding Insights
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