Latham & Watkins Advises Eight Sleep in Funding Round at US$1.5 Billion Valuation

Eight Sleep, the leading sleep technology company, has announced a new strategic round led by Tether Investments, valuing the company at US$1.5 billion. The investment will fund Eight Sleep’s expansion from sleep optimization into predictive, AI-driven health — building a system that anticipates disruptions to recovery and intervenes before they occur.

Latham & Watkins LLP represents Eight Sleep in the funding round with an emerging companies and growth team led by Bay Area partner Seth Gottlieb, with associates Chris Pham, Zack Dawson, and Tanisha Mugwimi.