Mattress Retailer Eve Sleep Secures £6.9M in Series B Funding

eve-Sleepeve Sleep, a London, UK-based online premium mattress retailer, secured £6.9m in Series B funding.

Backers included Octopus Ventures and DN Capital, as well as Channel 4’s Commercial Growth Fund.

The company, which has raised £10m to date, intends to use the funds to expand its marketing efforts across the UK.

Launched by entrepreneurs Jas Bagniewski, Kuba Wieczorek, Felix Lobkowicz and James Fryer in February 2015, eve Sleep forecasts turnover in excess of £17m in 2016.

The company is the latest investment from Channel 4’s Commercial Growth Fund. Launched in June 2015, the initiative offers high growth companies not currently advertising on television in the UK, the opportunity to build their business through advertising on Channel 4, by exchanging equity stakes or signing revenue share arrangements.

FinSMEs

20/07/2016

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