Eight Sleep, the New York-based “sleep-fitness” company, has announced a $100 million Series D funding round aimed at transforming the bed into a personalized health platform. The investment was led by HSG (formerly HongShan Capital/Sequoia Capital China), with participation from Valor Equity Partners, Founders Fund, Y Combinator, and notable figures such as Ferrari F1 driver Charles Leclerc and McLaren Racing CEO Zak Brown.
The new capital will accelerate the development of Eight Sleep’s AI-powered Sleep Agent, a groundbreaking system that utilizes large language models to interpret biometric data and simulate personalized sleep environments. This technology aims to proactively adjust variables like temperature, elevation, and bedtime routines to optimize nightly recovery.
Eight Sleep plans to file applications with the FDA to classify its technology as a medical device for conditions such as sleep apnea and menopausal sleep disturbances. This move underscores the company’s commitment to integrating its sleep optimization solutions into the healthcare sector.
With customers in over 30 countries, Eight Sleep is poised to expand its international presence, including entering markets like China. The company also plans to open physical retail locations, allowing consumers to experience its products firsthand and broadening access to its sleep technology.
This funding round brings Eight Sleep’s total capital raised to approximately $260 million, positioning the company as a leader in the sleep-tech industry. With a focus on AI innovation, medical integration, and global expansion, Eight Sleep is set to redefine the future of sleep and wellness.
Read more on Tech Gist Africa:
Nuro Accelerates Autonomous Future with $203M Series E Funding
