Wakefit

Wakefit

On a mission to revolutionize the home solutions market by empowering the decision-making power of each and every individual in choosing products that are ergonomic and well suited to an urban lifestyle. Learn more

Financials

Estimates*

Edit
Revenues, earnings & profits over time
USD2019
Revenues16.6m
  • Edit
DateInvestorsAmountRound
*

$9.0m

Early VC

$26.0m

Valuation: $258m

Series B
*

$27.0m

Valuation: $380m

Series C
*

$45.0m

Valuation: $303m

Late VC
Total FundingCAD146m

Recent News about Wakefit

Edit
More about Wakefit
Edit

Wakefit.co is an online retailer specializing in innovative sleep and home products. The company operates in the Indian market, serving a broad customer base that includes over one million satisfied clients. Wakefit's product range includes mattresses, beddings, furniture, and home decor items. The company's unique selling proposition lies in its research-backed sleep products, such as the Orthopedic Memory Foam Mattress and Dual Comfort Mattress, designed to enhance sleep quality and overall well-being.

Wakefit's business model is centered on e-commerce, with all products available for purchase online. This approach allows the company to reach a wide audience and streamline operations, contributing to its profitability. The company also offers customer-friendly policies such as no-cost EMIs and a 100-night risk-free trial on its memory foam mattresses, which further enhance its appeal to consumers.

Wakefit has demonstrated impressive growth since its establishment in 2016, with over 8 lakh customers and over 18 lakh products sold. The company's commitment to research and development, as evidenced by its 1500 hours spent in this area, indicates a focus on continuous product improvement and innovation.

Keywords: Online Retail, Sleep Products, Home Products, E-commerce, Indian Market, Customer-Centric, Research and Development, Memory Foam Mattress, Furniture, Home Decor.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.