This marks the company’s second external fundraise since inception, following a $1.6 Mn round led by DSG Consumer Partners and Sharrp Ventures in September 2019
The company will use the funds to further expand its product portfolio of mattresses and other sleep wellness accessories
Apart from SleepyCat, Wakefit , Sleepyhead, Morning Owl and Flo Mattress are the key players in the online mattress market in India
D2C mattress brand SleepyCat has raised $3.8 Mn in a round led by Saama Capital, with participation from existing investors: DSG Consumer Partners and Sharrp Ventures (Mariwala family office). This marks the company’s second external fundraise since inception, following a $1.6 Mn round led by DSG Consumer Partners and Sharrp Ventures in September 2019.
The company will use the funds to further expand its product portfolio of mattresses and other sleep wellness accessories. Additionally, the company will focus on design innovation and building more sleep solution products while expanding its manufacturing and distribution capabilities.