Latham & Watkins Advises Eight Sleep in US$100 Million Funding Round

Eight Sleep, the world’s first sleep fitness company, announced it has raised US$100 million in new funding to accelerate the company’s vision of transforming the bed into an AI-powered sleep-optimization and preventive health device. The round included participation from HSG, Valor Equity Partners, Atreides, Founders Fund, Y Combinator, and notable sports figures, including Charles Leclerc (Ferrari F1 Driver) and Zak Brown (CEO of McLaren F1). The funding will accelerate the development of the world’s first AI-powered Sleep Agent, expand medical initiatives into menopausal sleep and sleep apnea, and fuel growth in international markets, including China.

Latham & Watkins LLP advised Eight Sleep in the transaction with a corporate team led by Bay Area partner Seth Gottlieb, with associates Chris Pham, Zack Dawson, and Tanisha Mugwimi.