2016
Bengaluru (India)
Series D
Wakefit is a home and sleep solutions brand sits in the $30+ billion Indian home and furniture industry, a sector that has long been stuck in a loop of middlemen, bloated prices and subpar quality. Wakefit broke into that clutter with a bold idea cut out the middle layers, sell directly to people and let product quality speak for itself. Wakefit came in with an e-commerce model, targeting urban millennials and middle-class families aged 25–50, offering quality sleep products online simple, affordable.
$105 Million
4
$40 Million, Series D
as of January 13, 2023
$275 Million
as of May 23, 2023
2.62
as of May 23, 2023
Sequoia Capital
and 3 more1594
iDecorwala
N/A
Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
---|---|---|---|---|---|---|
January 13, 2023 | Series D | $40 Million | $275 Million | $99.4 Million | 2.6x | Investcorp, Peak XV Partners, Verlinvest, SIG, Paramark Ventures |
November 11, 2021 | Series C | $27.3 Million | $368 Million | $75.7 Million | 4.3x | SIG, Sequoia Capital, Verlinvest, SIG Venture Capital |
December 15, 2020 | Series B | $25.1 Million | $254 Million | $49.1 Million | 4.5x | Verlinvest, Sequoia Capital, Peak XV Partners |
December 11, 2018 | Series A | $9.3 Million | $29 Million | $9.7 Million | 2.1x | Sequoia Capital |
June 30, 2025
June 9, 2025
April 10, 2025
January 2, 2025