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Crypto firm Tether (USDT) invests $50 million in sleep tech startup Eight Sleep
Tether's $50 million investment boosts Eight Sleep's AI health tech using QVAC, aiding global expansion and clinical validation at a $1.5 billion valuation.
- On Wednesday, Tether Investments invested $50 million in Eight Sleep at a $1.5 billion valuation, according to a press release and Crunchbase data.
- To support product and clinical ambitions, Eight Sleep intends to develop AI health features using Tether's QVAC architecture for device-level processing.
- Eight Sleep's hardware and data capabilities include sensor-equipped sleep systems like the Pod product, which adjusts mattress temperature and ships to over 34 countries with over $310 million raised.
- The investment reflects Tether's broader push beyond stablecoins, as it reported more than $10 billion in net profits through 2025 and backs the $183 billion USDT stablecoin.
- Past operational problems and competition mean Eight Sleep must manage an AWS outage that forced an 'outage mode' fix while facing rivals BedJet, Chillpad, Oura, Whoop and pursuing U.S. Food and Drug Administration approvals.
21 Articles
21 Articles
Eight Sleep, an American firm specializing in dream technology, received a $50 million investment round led by Tether Investments, raising the company’s valuation to $1.5 billion. Matteo Franceschetti, co-founder and CEO of the company, noted that these resources will be used to expand the development of predictive health models, expand clinical trials and deepen business partnerships in priority markets. The company, which includes Mark Zuckerb…
Eight Sleep Secures Strategic Investment From Tether to Reach $1.5B Valuation
Eight Sleep enters a new growth phase as a predictive artificial intelligence (AI) health platform following a $1.5 billion valuation milestone. Eight Sleep announces a strategic funding round led by Tether Investments on March 5, 2026, to transition from sleep optimization to a predictive health platform. The New York-based company currently operates in 34 countries […]
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