Leesa - About the company
Leesa is an acquired company based in Virginia Beach (United States), founded in 2014 by David Wolfe. It operates as an Award-winning mattresses, bedding, and bases for better sleep and social impact. Leesa has raised $36.3M in funding from TitleCard Capital and One Better Ventures. The company has 169 active competitors, including 4 funded and 9 that have exited. Its top competitors include companies like Casper, Somnigroup International and Parachute Home.
Company Details
Award-winning mattresses, bedding, and bases for better sleep and social impact. The company offers a range of mattresses, including memory foam and hybrid options, designed for various sleep preferences and body types. Customers can compare mattresses and take a quiz to find the perfect fit. The product line extends to adjustable bases, platform beds, and mattress foundations. The company also provides bedding essentials like sheet sets, mattress protectors, and pillows. Financing options and a refer-a-friend program are available. The company focuses on sustainability, using recycled materials and minimizing its carbon footprint. Social impact is a core value, with initiatives to provide better sleep to those in need and partnerships to clean oceans. The website offers account login, cart functionality, and options to find a store.
- Website
- www.leesa.com/
- Email ID
- *****@leesa.com
- Registered Address
- Virginia Beach, Virginia
Key Metrics
Founded Year
2014
Location
Virginia Beach, United States
Stage
Acquired
Total Funding
$36.3M in 3 rounds
Latest Funding Round
Investors
Ranked
2nd among 169 active competitors
Employee Count
27 as on Aug 31, 2026
Exit Details
Acquired by 3Z Brands (Mar 15, 2023)
Legal entities associated with Leesa
Leesa is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LEESA SLEEP, LLC CIN: 383937417 , United States, Active | Jun 24, 2015 | - | 35 (As on Dec 31, 2021) | - |
Leesa's acquisition details
Leesa got acquired by 3Z Brands on Mar 15, 2023.
Click here to take a look at Leesa's acquisition in detail
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Leesa's funding and investors
Leesa has raised a total funding of $36.3M over 3 rounds. Its first funding round was on Jul 07, 2015. Leesa has 4 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Leesa:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 25, 2019 | 7569043 | Series B | 5853300 | 4295688 | 8830858 | 3317920 |
Jul 27, 2017 | 8692454 | Series B | 8990542 | 8569683 | 7062134 | |
Jul 07, 2015 | 7089180 | Series A | 8660372 | 7268556 | 8159139 |
View details of Leesa's funding rounds and investors
Leesa's founders and board of directors
Founder? Claim ProfileThe founders of Leesa is David Wolfe.
Here are the details of Leesa's key team members:
- David Wolfe: Former Co-Founder & CEO of Leesa. They serve on the boards of 2 companies.
View details of Leesa's Founder profiles and Board Members
Leesa's employee count trend
Leesa has 27 employees as of Aug 26. Here is Leesa's employee count trend over the years:
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Leesa's Competitors and alternates
Top competitors of Leesa include Casper, Somnigroup International and Parachute Home. Here is the list of Top 10 competitors of Leesa, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Casper 2014, New York City (United States), Acquired | Manufacturer of foam and hybrid mattresses, pillows, and bedding accessories | $340M | 82/100 | |
2nd | Leesa 2014, Virginia Beach (United States), Acquired | Award-winning mattresses, bedding, and bases for better sleep and social impact | $36.3M | 67/100 | |
3rd | Somnigroup International 2012, Lexington (United States), Unfunded | Manufacturer of mattresses and bedding products offering a range of products and solutions for consumers seeking improved sleep experiences | - | - | 52/100 |
4th | Parachute Home 2013, Los Angeles (United States), Series C | Internet-first brand of home textile products | $35.5M | 49/100 | |
5th | Tuft & Needle 2012, Tempe (United States), Acquired | Mattresses, bedding, and sleep tech designed for responsive comfort and support | - | - | 47/100 |
6th | Reverie 2003, Bloomfield Hills (United States), Unfunded | Internet first brand offering mattresses and pillow | - | - | 46/100 |
7th | Jaipur Living 1978, Acworth (United States), Unfunded | Luxury lifestyle brand specializing in handmade rugs and home decor items | - | - | 39/100 |
8th | Therapedic 1957, Princeton (United States), Unfunded | Brand of home textiles | - | - | 39/100 |
9th | Sweet Night 2011, Naperville (United States), Unfunded | Internet first brand offering mattresses and pillows | - | - | 38/100 |
10th | Bedsure 2015, Diamond Bar (United States), Unfunded | Internet first brand offering mattresses and pillows | - | - | 38/100 |
Looking for more details on Leesa's competitors? Click here to see the top ones
Leesa's Investments and acquisitions
Leesa has made no investments or acquisitions yet.
Reports related to Leesa
Here is the latest report on Leesa's sector:
News related to Leesa
Media has covered Leesa for 1 event in last 1 year, It was about company updates.
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3Z Brands expands portfolio with acquisition of Leesa SleepFurniture Today•Mar 15, 2023•3Z Brands, Leesa
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Leesa Sleep Expands into Canadian Market, Launches at Hudson’s Bay StoresHfbusiness•Sep 11, 2019•Leesa, Hudson's Bay
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Leesa Sleep Launches Sleek Adjustable Base For The Ultimate Rest and Relaxation ExperiencePR Newswire•Jun 07, 2018•Leesa
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