Bryte, a Los Altos, CA-based leader in restorative sleep technology, has announced a $20 million strategic investment.
The round was led by Tempur Sealy International, Inc. (NYSE: TPX), the company synonymous with innovation in the mattress industry.
Additionally, the two companies intend to collaborate on future products, services, and technology. ARCHina Capital and other existing Bryte investors also participated in the funding round.
Company: Bryte Inc.
Funding Month: July 2022
Lead Investors: Tempur Sealy International, Inc.
Additional Investors: ARCHina Capital
Company Website: https://www.bryte.com/
Software Category: Restorative Sleep Technology platform
About the Company: Founded in 2016 in Silicon Valley, Bryte is the Restorative Sleep Technology platform powering the future of sleep through licensing to leading mattress manufacturing partners, supplying hotels, and selling directly to consumers. Before this round, the company has raised over $30M with investors including ARCHina Capital, 10x Group, Evolution VC Partners, and more.