D2C Mattress Provider Sleepyhead’s Parent Bags $60 Mn From Norwest

D2C Mattress Provider Sleepyhead’s Parent Bags $60 Mn From Norwest

SUMMARY

The investment comes almost three years after Lighthouse had infused $22 Mn in 2018

Duroflex launched Sleepyhead in 2017 to expand its online presence and meet the demand of first-time mattress buyers

Sleepyhead claims to have sold its products to more than 100K customers since its inception

Bengaluru-based D2C mattress brand Sleepyhead’s parent Duroflex has raised $60 Mn in a new round of investment. Duroflex received the fresh capital from Silicon Valley-based investment firm Norwest. 

Norwest had earlier invested in Swiggy, Mensa, Uber and other major startups. 

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