As a purpose-driven company, Sleep Number’s mission is to improve lives by individualizing sleep experiences. Our revolutionary Sleep Number 360® smart beds deliver proven quality sleep through effortless, adjustable comfort. Our integrated SleepIQ® technology operating system captures more than 13 billion biometric data points every night and offers actionable insights to improve overall sleep health and wellness.
Individuality is core to who we are: Our beds have always offered differing levels of firmness for each sleeper, known as their Sleep Number® setting. Using our patented Dual Air technology, our beds ensure individualized, optimal comfort. In 2017, we innovated the first commercialized smart bed – the award-winning 360® smart bed – which effortlessly responds to each sleeper to keep them comfortable. Since the advent of the 360 smart bed, automatic adjustability and our digital health platform have become hallmarks of Sleep Number, and a foundation for the future of health and wellness. We applied cutting-edge sleep science and research to innovate the 360 smart bed, which delivers proven quality sleep and enables a deeper understanding of the direct link between sleep and health. Our proprietary SleepIQ technology platform – the operating system of the 360 smart bed – delivers effortless, real-time adjustability and high quality, highly accurate biometric and longitudinal data.
A leader in sleep technology, we are now going even further, making significant advancements to prove the link between sleep and health and to address sleep challenges that the CDC has deemed a public health epidemic and affects the health of millions. With the data from hundreds of millions of sleep sessions and collaborations with global sleep institutions, including Mayo Clinic, researchers, doctors and clinicians, the Sleep Number digital health platform is linking quality sleep to individualized health and wellness and promises a future of breakthrough discoveries about how sleep affects our lives. Sleep Number expects to have measured one billion sleep sessions by the end of 2020.
As our technology has evolved, so has our business model: We are the exclusive designer, manufacturer, marketer, retailer and servicer of the complete line of Sleep Number 360 smart beds and bedding. Our vertically integrated business model enables us to provide a seamless end-to-end customer experience. The company’s retail presence has evolved from a small kiosk in a mall in Roseville, Minnesota, in 1992 and a 1-800 direct marketing mattress company, to a retailer with a national store footprint and products sold exclusively through Sleep Number® stores and sleepnumber.com. Our average sales-per-square foot is in the top 10 among U.S. specialty retailers and is driven by a differentiated store experience and modern store design. Unlike traditional mattress manufacturers that primarily sell through third-party retailers, 99 percent of our net sales are directly to consumers.
We have already improved more than 12 million lives, and in doing so, we are leading sleep science on behalf of our communities — embarking on one of the most comprehensive and meaningful sleep research studies ever.
To experience proven quality sleep, visit sleepnumber.com or one of 600+ Sleep Number stores. Explore our Sleep Science Portal to see how groundbreaking sleep research at Sleep Number is changing lives and to access wellness resources to help you sleep your best. More company information is available on our Investor Relations site.