VC Fund Investments
D2C mattress brand SleepyCat raises $3.8 M from Saama Capital, DSG, Sharrp Ventures
Mumbai-based D2C mattress brand SleepyCat has raised USD 3.8 million in a new round led by Saama Capital. Existing backers DSG Consumer Partners and Sharrp Ventures have also joined the new round. The proceeds will be used to expand its product portfolio of mattresses and other sleep wellness accessories. Started by Kabir Siddiq, the company makes mattresses from foam or latex and delivers them vacuum pressed in a small box. Since its inception, SleepyCat claims to have shipped over 10,000 products per month across categories. In December 2020, it raised INR 185 crore in its Series B round led by Verlinvest and Sequoia Capital India. The company is also in talks to raise a larger round.
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