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Purple Innovation Inc

Sleep Technology and Home Goods Salt Lake City, United States ~30 employees
Founded
--
Employees (Est.)
~30
3 leaders known
Total Funding
$110.3M
Funding Rounds
2
Last Funding
2023-02-08

About Purple Innovation Inc

Purple is a company focused on providing innovative sleep solutions with a mission to reduce pain and improve sleep quality. Their products feature the proprietary GelFlex Grid technology designed to contour to the body, absorb motion, balance temperature, and ease joint strain for better rest.

Products & Services

Mattresses:Includes various models like The Purple Mattress, PurplePlus Mattress, and RestorePlus Hybrid Mattress, offering balanced support, heat dissipation, and targeted back pain relief with GelFlex Grid technology. Prices for Queen size range from $1299 to $2899 during sales.
Pillows:A range of pillows such as Harmony Pillow, DreamLayer Pillow, and GridCloud Pillow, designed for comfort with options for premium grid, down alternative fill, and travel accessories.
Bedding:Includes SoftStretch Sheet Sets, Waterproof Mattress Protectors, and bedding bundles like Restore Sleep Bundle, aimed at enhancing sleep comfort.
Bed Frames:Offers adjustable bases (e.g., Premium Plus Smart Base), platform beds, and flat foundations for mattress support and customization.
Seat Cushions:Products like Ultimate Seat Cushion and Royal Seat Cushion provide premium and portable comfort for seating, with bundles for enhanced support.

Specialties

GelFlex Grid Technology Pain-Reducing Sleep Solutions Temperature-Balancing Materials Motion Isolation

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Public Offering of Class A Common Stock
T: -
FT: Public Offering of Class A Common Stock
A: 50000000
MR: -
FA: $50 million
FAN: 50000000
D: 2023-02-08
FD: 2023-02-08
2 investors
2 RT: Public Offering
T: -
FT: Public Offering
A: 60300000
MR: -
FA: $60.3 million
FAN: 60300000
D: 2023-02-08
FD: 2023-02-08
7 investors
Public Offering of Class A Common Stock Latest
2023-02-08
$50.0M
2 investors (Pro only)
Public Offering 2023-02-08
$60.3M

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

H

Heidi R.

D

Daniel M.

J

Julie F.

Recent News

Purple Innovation Inc Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
purple.com
Industries
Sleep Technology and Home Goods
Company Size
~30 employees (est.)
Locations
Salt Lake City, United States

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