When was Sleep Number founded?

Sleep Number was founded in 1987 and raised its 1st funding round 22 years after it was founded.

Where is Sleep Number located?

Sleep Number is headquartered in Minneapolis, United States.

How many employees does Sleep Number have?

As of Mar 31, 2026, the latest employee count at Sleep Number is 3645.

Is Sleep Number a funded company?

Sleep Number is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Oct 16, 2009.

How much is Sleep Number worth?

The last known valuation of Sleep Number was $***** as of May 26, 2009.

When was the latest funding round of Sleep Number?

Sleep Number's latest funding was a $***** Post IPO round on Oct 16, 2009, with participation from 0 investor. Its primary sector is Fitness & Wellness Tech. In United States, the Fitness & Wellness Tech sector has seen $950M in funding in 2026 to date.

What is the annual revenue of Sleep Number?

Annual revenue of Sleep Number is more than $1B as on Dec 31, 2025

Where does Sleep Number rank among its competitors?

Sleep Number ranks 7th amongst 323 active competitors, of which 79 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Nyxoah, which secured $26.4M in Dec, 2025.

Who are the top competitors of Sleep Number?

Sleep Number's top competitors include Muse, Jawbone and Nyxoah. Among them, Nyxoah secured the most recent funding round in December, 2025.

Sleep Number - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of smart beds and sleep technology for personalized comfort and wellness. The company designs and produces a range of sleep products, including smart adjustable bases, mattresses in various sizes, and a selection of bedding such as sheets, pillowcases, blankets, and pillows. It also offers bed accessories and furniture, such as upholstered headboards. The product line is designed to enhance sleep quality and comfort.

Website: www.sleepnumber.com/
Social
Email ID: *****@sleepnumber.com
Phone Number: +1 **********

Key Metrics

Founded Year

1987

Location

Minneapolis, United States

Stage

Acquired

Latest Funding Round

Post IPO, Oct 16, 2009, $*****

Last Known Valuation

$***** as on May 26, 2009

Investors

Norwest

Ranked

7^th among 323 active competitors

Annual Revenue

$1B+ as on Dec 31, 2025

Employee Count

3,645 as on Mar 31, 2026

Similar Companies

Muse & 428 more

Exit Details

Acquired by Sterling Partners (May 26, 2009)

View Sleep Number's full profile

Sleep Number is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SLEEP NUMBER CORP CIN: 827187 , United States, Active		$1B+ (As on Dec 31, 2025)	4170 (As on Dec 31, 2023)	-

Sleep Number got acquired by Sterling Partners on May 26, 2009 at an acquisition amount of $*****.

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

Sleep Number has raised funding over 1 round. Sleep Number has 1 institutional investor.

Here is the list of recent funding rounds of Sleep Number:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 16, 2009	9812826	Post IPO	2291301	6363470	5919548	8012204

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View details of Sleep Number's funding rounds and investors

The founders of Sleep Number are Robert Walker and JoAnn Walker. Linda Findley and Shelly Ibach are the CEOs of Sleep Number.

Here are the details of Sleep Number's key team members:

Robert Walker: Co-Founder of Sleep Number.
JoAnn Walker: Co-Founder of Sleep Number.
Shelly Ibach: CEO of Sleep Number.

View details of Sleep Number's Founder profiles and Board Members

Sleep Number's employee count trend

Sleep Number has 3,645 employees as of Mar 26. Here is Sleep Number's employee count trend over the years:

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Top competitors of Sleep Number include Muse, Jawbone and Nyxoah. Here is the list of Top 10 competitors of Sleep Number, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Muse 2007, Toronto (Canada), Series C	Provider of brainwave tracking devices and related premium subscription services	$57.4M	OMERS, Export Development Canada & 22 others	68/100
2nd	Jawbone 1997, San Francisco (United States), Series F	Provider of wearable devices for activity and sleep tracking	$877M	Andreessen Horowitz, Kleiner Perkins & 35 others	67/100
3rd	Nyxoah 2009, Mont Saint Guibert (Belgium), Public	Provider of a neurostimulation device for obstructive sleep apnea treatments	$88.7M	Cochlear, Gilde Healthcare & 8 others	66/100
4th	Onera 2018, Palo Alto (United States), Series C	Developer of a wearable sleep monitoring system	$60.2M	EQT, Innovation Industries & 10 others	64/100
5th	Sleepme 2007, Mooresville (United States), Series C	Provider of sleep management systems	$37M	KKR, Wild Ventures & 1 others	60/100
6th	NextSense 2020, Mountain View (United States), Series A	Developer of wireless earbuds that monitor brain activity and enhance sleep	$35.3M	Ascension Ventures, Satori Capital & 6 others	60/100
7th	Sleep Number 1987, Minneapolis (United States), Acquired	Provider of smart beds and sleep technology for personalized comfort and wellness	-	Norwest	60/100
8th	Hapbee 2004, Phoenix (United States), Public	Retailer of wearable technology products designed to improve sleep and wellness	$4.8M	Smile Group, Incisive Ventures	59/100
9th	Biotricity 2014, San Francisco (United States), Public	Developer of medical remote monitoring solutions that help prevent and manage chronic diseases	-	SWK Holdings, National Research Council Canada ... & 2 others	58/100
10th	XTrodes 2019, Herzliya (Israel), Seed	Wearables to monitor mental wellness	$5.5M	Welltech Ventures, Chartered High Tech & 5 others	57/100