Eight Sleep, which calls itself “the world’s first sleep-fitness company,” has secured $100 million in funding to further its mission of transforming sleep with advanced AI-powered solutions. It will also expand its medical initiatives, particularly in addressing challenges like menopausal sleep and sleep apnea, and fuel international growth, which includes market entry in China.
The New York-based company integrates AI with hardware, software and supplements to deliver personalized sleep solutions. It has surpassed $500 million in sales and a tenfold revenue increase since launching its Pod sleep system.
The new capital will accelerate development of the company’s Sleep Agent, which uses AI to personalize and optimize sleep environments. It creates digital twins of users’ sleep physiology so that it can predict sleep outcomes and make real-time, proactive adjustments for optimal recovery. Eight Sleep also plans to extend its medical applications, targeting FDA approval for some of its solutions.
