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?

Manoj Dass, Sherri Turpin and Robert T DeMartini s of Purple.

How many employees does Purple have?

As of Aug 31, 2026, the latest employee count at Purple is 1248.

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.

How much is Purple worth?

The last known valuation of Purple was $***** as of Jan 31, 2020.

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 1786 active competitors, of which 50 are funded. It stands 4th 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 Leesa. 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, $*****

Last Known Valuation

$***** as on Jan 31, 2020

Investors

Groundupp Ventures & 4 more

Ranked

3^rd among 1786 active competitors

Employee Count

1,248 as on Aug 31, 2026

Investment & Acquisitions

Intellibed

Similar Companies

Kurlon & 635 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	5017721	Unattributed	7204019	5040069	5042962	7861407
Dec 30, 2009	4673303	Series B	1531732	1307827	3294460	8430007
2006	1290	PE	6232	5444	2594	Clearlake Capital Group

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View details of Purple's funding rounds and investors

The founders of Purple are Rahul Dash, Suyash Katyayani and Manoj Dass. 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
Manoj Dass: Founder & Ceo of Purple.
Sherri Turpin: CEO of Purple.
Robert T DeMartini: CEO of Purple.
Contact Info: 1 email address

View details of Purple's Founder profiles and Board Members

Purple's employee count trend

Purple has 1,248 employees as of Aug 26. Here is Purple's employee count trend over the years:

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Top competitors of Purple include Casper, Eight Sleep and Leesa. 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	Manufacturer of foam and hybrid mattresses, pillows, and bedding accessories	$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	$323M	Y Combinator, StartX & 88 others	80/100
3rd	Purple 1982, Alpine (United States), Acquired	Online platform offering mattresses and sleep products	$10M	Groundupp Ventures, IvyCap Ventures & 3 others	72/100
4th	Leesa 2014, Virginia Beach (United States), Acquired	Award-winning mattresses, bedding, and bases for better sleep and social impact	$36.3M	One Better Ventures, TitleCard Capital & 3 others	67/100
5th	Williams-Sonoma 1956, San Francisco (United States), Public	Multi-specialty retailer of home improvement products	-	Blum Capital, Drona Capital	65/100
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	63/100
7th	Ralph Lauren 1967, New York City (United States), Public	Retailer of home goods	-	A-Rod, ConoSur Capital	63/100
8th	Arhaus 1986, Cleveland (United States), Public	Quality home and outdoor furniture crafted with sustainability and global artistry	-	Wingspire Capital, Monroe Capital & 1 others	62/100
9th	Williams-Sonoma 1956, San Francisco (United States), Public	Provider of a premium retailer of cookware, home decor, and gourmet food products, offering high-quality products for cooking, entertaining, and home design	-	Initiative Equity Partners, PJ SOLOMON	60/100
10th	BoConcept 1952, Herning (Denmark), Acquired	Brand of custom home & office furniture	$2.49M	Impact Fund Denmark, Mitiska	60/100