8 years ago

Simba Sleep Raises £9 Million to Dominate the European Bed Market

  • Simba Sleep, a UK-based mattress maker, secured £9 million in funding, bringing the total raised to £17.5 million

  • The investment will be used to scale growth and develop new sleep innovation products, expanding the company's presence in Europe, Asia, and the Middle East

  • Investors include Henderson Global Investors, Michel de Carvalho, Numis Securities, Richard Goldstein, Julian Barnett, Nigel Wray, and Rishi Passi

  • Simba Sleep, founded in 2015, has sold over 45,000 mattresses and recently added Gauti Reynisson and Charles Tourny to its team

  • The company has an exclusive deal with John Lewis and offers its products in various sizes with a 10-year guarantee.

      • ProblemConsumer Goods

      "People struggle to find a comfortable and supportive mattress that meets their individual needs, resulting in poor sleep quality and negatively impacting their overall health and well-being."

      Solution

      "Simba Sleep offers a premium hybrid mattress that combines the comfort of memory foam with the support of pocket springs, featuring advanced cooling technology and a 10-year guarantee. This provides a personalized sleep experience for improved sleep quality and overall well-being."

      Covered on