When was Purple founded?

Purple was founded in 1982 and raised its 1st funding round 24 years after it was founded.

Where is Purple located?

Purple is headquartered in Alpine, United States. It is registered at Lehi, Utah.

Who is the current CEO of Purple?

Robert T DeMartini and Sherri Turpin s of Purple.

How many employees does Purple have?

As of Apr 30, 2026, the latest employee count at Purple is 1211.

Is Purple a funded company?

Purple is a funded company, having raised a total of $10M across 3 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on 2006.

When was the latest funding round of Purple?

Purple's latest funding was a $***** Unattributed round on Dec 30, 2009, with participation from 0 investor.

Where does Purple rank among its competitors?

Purple ranks 3rd amongst 1364 active competitors, of which 50 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Eight Sleep, which secured $50M in Mar, 2026.

Who are the top competitors of Purple?

Purple's top competitors include Casper, Eight Sleep and BoConcept. Among them, Eight Sleep secured the most recent funding round in March, 2026.

Purple - 2026 Company Profile, Team, Funding & Competitors

Company Details

Online platform offering mattresses and sleep products. It provides a range of sleep solutions designed to enhance comfort and support for better rest. The platform focuses on delivering products that cater to different sleep preferences and needs.

Website: purple.com
Social
Email ID: *****@purple.com
Phone Number: +1 **********
Registered Address: Lehi, Utah

Key Metrics

Founded Year

1982

Location

Alpine, United States

Stage

Acquired

Total Funding

$10M in 3 rounds

Latest Funding Round

Unattributed, Dec 30, 2009, $*****

Investors

IvyCap Ventures Advisors & 4 more

Ranked

3^rd among 1364 active competitors

Employee Count

1,211 as on Apr 30, 2026

Investment & Acquisitions

Intellibed

Similar Companies

Kurlon & 593 more

Exit Details

Acquired by Globalpartnerac (Mar 01, 2018)

View Purple's full profile

Purple is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PURPLE INNOVATION, LLC CIN: 272677854 , United States, Active	Dec 26, 999	-	1079 (As on Dec 31, 2024)	-

Purple got acquired by Globalpartnerac on Mar 01, 2018.

Click here to take a look at Purple's acquisition in detail

Purple has raised a total funding of $10M over 3 rounds. Its first funding round was on 2006. Purple has 5 institutional investors.

Here is the list of recent funding rounds of Purple:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 30, 2009	4964859	Unattributed	4384687	5209382	8169062	2954641
Dec 30, 2009	5946651	Series B	3436552	1329466	9096517	9273012
2006	1582	PE	6327	3977	6208	Clearlake Capital Group

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View details of Purple's funding rounds and investors

The founders of Purple are Rahul Dash and Suyash Katyayani. Robert T DeMartini is the CEO of Purple.

Here are the details of Purple's key team members:

Rahul Dash: Co-Founder of Purple and founder of 1 other company. They are also an angel investor in 5 startups and serve on the boards of 4 companies.
Contact Info: 1 email address and 1 phone number
Suyash Katyayani: Co-Founder & CTO of Purple and founder of 1 other company. They are also an angel investor in 2 startups and serve on the board of 1 company.
Contact Info: 2 email addresses and 1 phone number
Robert T DeMartini: CEO of Purple.
Contact Info: 1 email address
Sherri Turpin: CEO of Purple.

View details of Purple's Founder profiles and Board Members

Purple's employee count trend

Purple has 1,211 employees as of Apr 26. Here is Purple's employee count trend over the years:

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Top competitors of Purple include Casper, Eight Sleep and BoConcept. Here is the list of Top 10 competitors of Purple, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Casper 2014, New York City (United States), Acquired	Internet-first brand offering mattresses	$340M	IVP, New Enterprise Associates & 56 others	82/100
2nd	Eight Sleep 2014, New York City (United States), Series D	Provider of AI-based internet-first brand of mattress and smart mattress covers	$324M	Y Combinator, Comcast Ventures & 86 others	81/100
3rd	Purple 1982, Alpine (United States), Acquired	Online platform offering mattresses and sleep products	$10M	IvyCap Ventures Advisors, Groundupp Ventures ... & 3 others	72/100
4th	BoConcept 1952, Herning (Denmark), Acquired	Brand of custom home & office furniture	$2.49M	Impact Fund Denmark, Mitiska	63/100
5th	Ashley Furniture 1945, La Crosse (United States), Unfunded	Manufacturer of furniture	-	-	62/100
6th	Tommy Bahama 1993, Paradise (United States), Series A	Retailer of men's and women's apparel, beachwear, and home goods	-	Grace Beauty Capital, KarpReilly & 1 others	61/100
7th	Dormify 2011, Rockville (United States), Series B	Internet first brand offering home improvement products	$13M	Clerisy, American Eagle Outfitters & 2 others	61/100
8th	Parachute Home 2013, Los Angeles (United States), Series C	Internet-first brand of home textile products	$35.5M	H.I.G. Growth Partners, Upfront Ventures ... & 15 others	61/100
9th	Serena & Lily 2003, Sausalito (United States), Series C	Wholesaler of home furniture	$89.2M	ORIX, Fireman Capital Partners & 10 others	61/100
10th	Leesa 2014, Virginia Beach (United States), Acquired	Award-winning mattresses, bedding, and bases for better sleep and social impact	$36.2M	One Better Ventures, TitleCard Capital & 3 others	60/100