# Sleep Management Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sleep-management-private

- Industry: Consumer Products
- Headquarters: Bangalore, India
- Website: www.sleepycat.in
- Total disclosed funding: $5.1M
- Latest round: Series A (Mar 24, 2022)
- Investors on record: 5

## About

Sleep Management Private Limited, operating under the brand SleepyCat, focuses on providing premium sleep solutions through high-quality mattresses and bedding products tailored to enhance sleep comfort and health.Founded in 2017 in Bangalore, India, Sleep Management Private Limited specializes in sleep products designed to improve overall rest quality. The company has successfully completed three deals, with the latest being a Series A funding round in March 2022, raising INR 5.01 million from Alteria Capital. CEO Kabir Siddiq leads the company, which has not undergone any significant operational changes since its inception. The current company valuation is INR 1342.336 mn.SleepyCat specializes in a diverse range of premium sleep products, primarily offering orthopedic, memory foam, hybrid latex, and cooling mattresses to address common sleep-related issues. Their customer base comprises individuals across various demographics seeking quality sleep solutions, complemented by bedding essentials like comforters and mattress protectors.In the fiscal year 2023, SleepyCat reported a revenue of INR 6,675,819.10, with an EBITDA of INR -1,883,948.60. The company operates a direct-to-consumer model allowing efficient online sales of its flagship products, enhancing customer confidence through promotional offers such as a 100-night trial and a 10-year warranty.Sleep Management Private Limited plans to enhance its product range with the launch of new sleep solutions aimed at addressing emerging consumer needs, although specific release dates are not available. The company is also targeting expansion into new geographic markets beyond India to broaden its customer reach. The recent Series A funding of INR 5.01 million will support these strategic initiatives, enabling investment in product development and market expansion efforts.

## Funding rounds

- Series A, Mar 24, 2022, $0.1M — Alteria Capital
- Series A, Aug 12, 2021, $3.5M — Saama Capital, DSG Consumer Partners, Sharrp Ventures
- Series A, Sep 24, 2019, $1.5M — DSG Consumer Partners, Sharrp Ventures, Gemba Capital

## Investors

- DSG Consumer Partners (https://capitalatlas.ai/funds/dsg-consumer-partners) — Series A
- Sharrp Ventures — Series A
- Gemba Capital (https://capitalatlas.ai/funds/gemba-capital) — Series A
- Saama Capital (https://capitalatlas.ai/funds/saama-capital) — Series A
- Alteria Capital (https://capitalatlas.ai/funds/alteria-capital) — Series A