Leesa Sleep

Consumer ProductsSeries BVirginia Beach, USleesa.com

Latest round

Series B

Last raised

Jul 2017

Total raised

$23M

Investors

1

About Leesa Sleep

Founded in 2014 and headquartered in Virginia Beach, US, Leesa Sleep, LLC specializes in the design and manufacture of premium mattresses. The company has undergone a strategic acquisition; in March 2023, Leesa was acquired by 3Z Brands, a portfolio company of Cerberus Capital Management, to leverage its direct-to-consumer mattress platform.Leesa specializes in the design and manufacture of high-quality hybrid and memory foam mattresses, including the Original, Sapira Hybrid, and Legend Hybrid models, catering to diverse consumer preferences.Leesa generates revenue primarily through direct-to-consumer sales via their website, allowing customers to purchase individual mattresses and associated bedding products through an e-commerce model. The pricing for flagship products like the Original and Sapira Hybrid mattresses is competitive within the premium category, reflecting their quality commitment.Following its acquisition in March 2023, Leesa Sleep, LLC aims to leverage the resources of 3Z Brands to expand its product offerings and enhance its direct-to-consumer platform. Future initiatives may include designing and launching new mattress models, although specific products and release dates are not disclosed. The acquisition supports further market penetration and expansion into new regions, driven by the strategic alignment with 3Z Brands' capabilities.

Who invested in Leesa Sleep

1 investor across 1 round

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Funding rounds

  1. Series B

    Jul 24, 2017

    Amount

    $23M

    Investors

    Locked

Questions about Leesa Sleep

Who invested in Leesa Sleep?

Leesa Sleep has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Leesa Sleep raised?

Leesa Sleep has raised 1 venture round. Sign up free to see how much each round raised and the total.

When did Leesa Sleep last raise money?

Leesa Sleep's most recent round on record is a Series B, in Jul 2017.

What does Leesa Sleep do?

Founded in 2014 and headquartered in Virginia Beach, US, Leesa Sleep, LLC specializes in the design and manufacture of premium mattresses.

Where is Leesa Sleep headquartered?

Leesa Sleep is headquartered in Virginia Beach, US.

Which VCs invest in companies like Leesa Sleep?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer products companies at Leesa Sleep's stage. Their profiles are linked below.

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