TermSheet

Eight Sleep

Sleep fitness company building temperature-regulating and sleep-tracking technology.

Growth / Series DNew York, NY

Cumulative raised across 7 rounds, totaling $301M.

Fundraising history.

Cumulative raised$301MMar 2016 to Mar 2026 · 7 rounds
Mar 2016Mar 2018Nov 2019Aug 2021Mar 2026
  1. Seed — $6M

    Mar 2016

    Eight announced a $6M seed round after early crowdfunding and pre-orders.

    Investors: Y Combinator, Yunqi Partners, Azure Capital, Cota Capital +5

    Source ↗
  2. Series A — $5M

    Jan 2017

    Eight announced an additional $5M round, bringing total funding to $11M.

    Investors: Yunqi Partners, Azure Capital, Y Combinator, Stanford StartX Fund +2

    Source ↗
  3. Series B — $14M

    Mar 2018

    Eight Sleep announced a $14M Series B led by Khosla Ventures.

    Led by Khosla Ventures · with Y Combinator, Yunqi Partners

    Source ↗
  4. Series C — $86M

    Aug 2021

    $500M post-money

    Eight Sleep raised an $86M Series C led by Valor Equity Partners; TechCrunch later reported the round valued the company near $500M post-money.

    Led by Valor Equity Partners · with SoftBank, Khosla Ventures, Founders Fund, General Catalyst +7

    Source ↗
  5. Series D — $100M

    Aug 2025

    Eight Sleep raised $100M in Series D funding to expand AI sleep technology and medical applications.

    Investors: HSG, Valor Equity Partners, Atreides, Founders Fund +3

    Source ↗
  6. Strategic — $50M

    Mar 2026

    $1.5B

    Eight Sleep raised a $50M strategic round led by Tether Investments at a reported $1.5B valuation.

    Led by Tether Investments

    Source ↗
  7. Growth — $40M

    Nov 2019

    Eight Sleep closed $40M in new funding led by Founders Fund.

    Led by Founders Fund · with Khosla Ventures, Y Combinator, Craft Ventures, 8VC +3

    Source ↗

Sleep fitness company building temperature-regulating and sleep-tracking technology.

Sleep fitness company building temperature-regulating and sleep-tracking technology.

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