{"id":338338,"date":"2017-04-14T05:32:29","date_gmt":"2017-04-13T21:32:29","guid":{"rendered":"http:\/\/techcrunch.com\/?p=1476591"},"modified":"2017-04-14T05:32:29","modified_gmt":"2017-04-13T21:32:29","slug":"purple-a-utah-mattress-startup-youve-probably-never-heard-of-is-on-track-to-unicorndom","status":"publish","type":"post","link":"https:\/\/people.utm.my\/asmawisham\/purple-a-utah-mattress-startup-youve-probably-never-heard-of-is-on-track-to-unicorndom\/","title":{"rendered":"Purple, a Utah mattress startup you\u2019ve probably never heard of, is on track to unicorndom"},"content":{"rendered":"<p class=\"first\">You\u2019ve likely never heard of this company if you live inside the Bay Area bubble, but Purple, a totally bootstrapped mattress startup is using toxin-free, patented technology for a pressureless night\u2019s sleep and could become the first of the mattress unicorns.<\/p>\n<p>Nearly a thousand miles away from Silicon Valley and just west of Utah\u2019s Great Salt Lake, in practically the middle of nowhere, is the tranquil cow town of Grantsville, population <a target=\"_blank\" href=\"https:\/\/www.google.com\/search?q=grantsville+utah+population&#038;oq=granstville+utah+popu&#038;aqs=chrome.1.69i57j0l2.4848j0j1&#038;sourceid=chrome&#038;ie=UTF-8\">9,617<\/a>. It is there, in a warehouse the size of a combined eight Walmarts, you\u2019ll find <a target=\"_blank\" href=\"https:\/\/onpurple.com\">Purple<\/a>, a direct-to-consumer mattress startup, hard at work prepping hundreds of thousands of pillows, powerbases and of course, mattresses, for shipment.<\/p>\n<p>The company started out a decade ago in the wheelchair business. It was making a patented cushioning technology to prevent bedsores for those sitting all day. But founders,\u00a0brothers Tony and Terry Pearce noted a shift in the mattress space. It was headed online and a bunch of startups like Casper, Tuft and Needle, Leesa and others were starting to pop up. So the pair decided three years ago to capitalize on the trend by using the same technology in the wheelchair cushioning to make their own bedding.<\/p>\n<p><span class=\"embed-youtube c5\"><iframe loading=\"lazy\" class=\"youtube-player c4\" type=\"text\/html\" width=\"640\" height=\"390\" src=\"https:\/\/www.youtube.com\/embed\/upELz_TAkVo?version=3&#038;rel=1&#038;fs=1&#038;autohide=2&#038;showsearch=0&#038;showinfo=1&#038;iv_load_policy=1&#038;wmode=transparent\" allowfullscreen=\"true\">[embedded content]<\/iframe><\/span><\/p>\n<p>That proved to be a smart move and the company has grown quite a bit because of it.\u00a0In just the last year Purple went from a team of 30 to 600 people, built out the aforementioned 574,000 square-foot manufacturing facility in Grantsville and from what I\u2019ve been told, sales are through the roof.<\/p>\n<p>Purple is currently working to fulfill orders for 27,000 of its newly launched pillows and, though the startup was hesitant\u00a0to give out numbers, a source tells me it\u2019s set to hit $150 to $200 million in revenue this year. Compare that to it\u2019s possibly biggest competitor Casper, which hit <a target=\"_blank\" href=\"https:\/\/www.inc.com\/magazine\/201603\/liz-welch\/casper-changing-mattress-industry.html\">$100 million in cumulative sales<\/a> in 2016 and <a target=\"_blank\" href=\"https:\/\/www.recode.net\/2016\/12\/28\/14100762\/ecommerce-ipo-surprise-predictions-2017\">reportedly<\/a> has been on track to hit $200 million by the end of this year.<\/p>\n<p>But, unlike Casper, which has taken in $70 million in funding so far, Purple hasn\u2019t tapped into venture capital yet. It also owns the manufacturing process from beginning to end. Utah land and labor are both cheap\u00a0and the mattress startup can make its products at a much lower cost than Bay Area competitors.<\/p>\n<p>It\u2019s a big job creator for the little town of Grantsville, too, where there aren\u2019t a lot of opportunities for work. Purple will soon be the biggest employer there, with plans to hire another couple thousand people and is partnering with the local high schools and training facilities to provide locals the skills they\u2019ll need to help out in the warehouse in the near future.<\/p>\n<div id=\"attachment_1476307\" class=\"wp-caption aligncenter c6\" readability=\"33\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1476307 img-full\" src=\"https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-mattresses.jpg?w=1024&#038;h=683\" alt=\"\" width=\"1024\" height=\"683\" srcset=\"https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-mattresses.jpg?w=1024&#038;h=683 1024w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-mattresses.jpg?w=2048&#038;h=1366 2048w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-mattresses.jpg?w=150&#038;h=100 150w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-mattresses.jpg?w=300&#038;h=200 300w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-mattresses.jpg?w=768&#038;h=512 768w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-mattresses.jpg?w=680&#038;h=453 680w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"\/><\/p>\n<p class=\"wp-caption-text\">Thousands of Purple\u2019s mattresses stacked up inside the new 574,000 square-foot warehouse.<\/p>\n<\/div>\n<p>Company headquarters are an hour\u2019s drive to the South, in the town of Alpine, situated just beneath Utah\u2019s Wasatch Front, a mountain range from Ogden to Provo that sidles up to what has been dubbed the \u201cSilicon Slopes\u201d due to the state\u2019s vigorous tech growth over the last few years.<\/p>\n<p>Several unicorns dot the area, including Pluralsight, Domo and Accel Capital\u2019s largest investment to date, Qualtrics, which just this week was crowned with a whopping <a target=\"_blank\" href=\"https:\/\/techcrunch.com\/2017\/04\/12\/qualtrics-waits-on-that-ipo-raises-180-million-at-a-2-5-billion-valuation-instead\/\">$2.5 billion<\/a> valuation.<\/p>\n<p>Purple\u2019s CEO Sam Bernards believes his company is well on its way to becoming the next billion-dollar startup in the region and if those sales are any indication he\u2019s probably right. Though Purple has so far taken zero cash from investors Bernards tells me\u00a0he\u2019s had some inbound inquiries from Silicon Valley and that it\u2019s something he\u2019d consider in the near future to help the company scale.<\/p>\n<div id=\"attachment_1476310\" class=\"wp-caption aligncenter c6\" readability=\"33\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1476310 img-full\" src=\"https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-tour.jpg?w=1024&#038;h=683\" alt=\"\" width=\"1024\" height=\"683\" srcset=\"https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-tour.jpg?w=1024&#038;h=683 1024w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-tour.jpg?w=2048&#038;h=1366 2048w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-tour.jpg?w=150&#038;h=100 150w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-tour.jpg?w=300&#038;h=200 300w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-tour.jpg?w=768&#038;h=512 768w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-tour.jpg?w=680&#038;h=453 680w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"\/><\/p>\n<p class=\"wp-caption-text\">Workers rolling up mattresses at Purple\u2019s new mattress factory in Grantsville, Utah.<\/p>\n<\/div>\n<p>The mattresses are priced closely to Casper\u2019s. A king bed, for instance, costs $1300. A Casper king sits just below that at $1150. However, that\u2019s at the high end\u00a0for others in the space. Tuft and Needle, another mattress startup based in San Francisco, comes in at $750 for that size.<\/p>\n<p>But Purple is in another league, argues Bernards. For one, it\u2019s designed to prevent bedsores so it\u2019s a good bet for those who spend a lot of time under the covers. Purple uses a total of 16 patents to make its mattresses soft enough to hug your body, yet firm enough to hold you up through the night. And, should there be an apocalyptic event, you can eat them. The hyperelastic mattress material is made from a food grade polymer. No latex or other toxic ingredients.<\/p>\n<p>I tested the product myself on a recent visit out to Utah. The best way I can describe it is laying on a super soft batch of Jello\u00a0but without the seismic wave activity. It compares in comfort to Casper (which I\u2019ve also tried) and my Brooklyn Bedding mattress at home. Each pressure point of my body was cradled in this jelly-like webbed material underneath me, which allows longer hours of comfort and breathability so you\u2019re not likely to get sweaty under the covers, either.<\/p>\n<p>Purple also gives a 100-day money back guarantee for those who want to try it out themselves and says each mattress should last about ten years, or the average time most people start looking for a new mattress.<\/p>\n<div id=\"attachment_1476301\" class=\"wp-caption aligncenter c6\" readability=\"34\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1476301 img-full\" src=\"https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-boxes.jpg?w=1024&#038;h=683\" alt=\"\" width=\"1024\" height=\"683\" srcset=\"https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-boxes.jpg?w=1024&#038;h=683 1024w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-boxes.jpg?w=2048&#038;h=1366 2048w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-boxes.jpg?w=150&#038;h=100 150w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-boxes.jpg?w=300&#038;h=200 300w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-boxes.jpg?w=768&#038;h=512 768w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-boxes.jpg?w=680&#038;h=453 680w\" sizes=\"(max-width: 1024px) 100vw, 1024px\"\/><\/p>\n<p class=\"wp-caption-text\">Purple\u2019s power bed bases, which allow customers to move their mattresses to the sitting or sleeping position.<\/p>\n<\/div>\n<p>But it\u2019s not without plenty of competition. Casper is the online mattress startup most people I asked were familiar with in San Francisco and, according to <a target=\"_blank\" href=\"https:\/\/www.inc.com\/magazine\/201603\/liz-welch\/casper-changing-mattress-industry.html\">Inc.<\/a>, there are more than 600 mattress companies in the U.S., several with brick-and-mortar locations where you can try the mattress out and chat with a salesperson.<\/p>\n<p>However, Purple seems to be full steam ahead. It\u2019ll have to speed up to fulfill those back orders, of course, but mix the current growth and interest, ownership of the manufacturing process, the cheaper labor market, unique branding and great sales with future plans to move into global sales, add in some VC funding to help it scale and Purple is set to rocket past all the others.<\/p>\n<p>Check out the video above for an inside look at what Purple is doing for the town of Grantsville and a chat with its CEO about the mattress business.<\/p>\n<p><em>*This article is part of a larger series focusing on the Utah tech scene. We\u2019re going to be sprinkling several of these articles and videos throughout the TechCrunch newsfeed for the next couple of weeks, so strap on your ski boots and stay tuned as we guide you through the \u201cSilicon Slopes!\u201d<\/em><\/p>\n<p><small>Featured Image: Felicia Williams<\/small> <\/p>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"680\" height=\"453\" src=\"https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-pillow.jpg?w=680\" class=\"attachment-large size-large wp-post-image\" alt=\"\" srcset=\"https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-pillow.jpg?w=680 680w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-pillow.jpg?w=1360 1360w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-pillow.jpg?w=150 150w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-pillow.jpg?w=300 300w, https:\/\/tctechcrunch2011.files.wordpress.com\/2017\/04\/purple-pillow.jpg?w=768 768w\" sizes=\"(max-width: 680px) 100vw, 680px\" \/>&nbsp;Nearly a thousand miles away from Silicon Valley and just west of Utah&#8217;s Great Salt Lake, in practically the middle of nowhere, is the tranquil cow town of Grantsville, population 9,617. It is there, in a warehouse the size of a combined eight Walmarts, you&#8217;ll find Purple, a direct-to-consumer mattress startup, hard at work prepping hundreds of thousands of pillows, powerbases and&hellip; <a href=\"https:\/\/techcrunch.com\/2017\/04\/13\/purple-a-utah-mattress-startup-youve-probably-never-heard-of-is-on-track-to-unicorndom\/?ncid=rss\">Read More<\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?a=b_2NUASA0ao:HpAf6xkz7B8:2mJPEYqXBVI\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?d=2mJPEYqXBVI\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?a=b_2NUASA0ao:HpAf6xkz7B8:7Q72WNTAKBA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?d=7Q72WNTAKBA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?a=b_2NUASA0ao:HpAf6xkz7B8:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?a=b_2NUASA0ao:HpAf6xkz7B8:-BTjWOF_DHI\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?i=b_2NUASA0ao:HpAf6xkz7B8:-BTjWOF_DHI\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?a=b_2NUASA0ao:HpAf6xkz7B8:D7DqB2pKExk\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?i=b_2NUASA0ao:HpAf6xkz7B8:D7DqB2pKExk\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?a=b_2NUASA0ao:HpAf6xkz7B8:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/Techcrunch?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/Techcrunch\/~4\/b_2NUASA0ao\" height=\"1\" width=\"1\" alt=\"\"\/> <\/p>\n","protected":false},"author":5817,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[25],"tags":[59,66,26],"class_list":["post-338338","post","type-post","status-publish","format-standard","hentry","category-technology","tag-media","tag-techcrunch","tag-technology"],"_links":{"self":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts\/338338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/users\/5817"}],"replies":[{"embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/comments?post=338338"}],"version-history":[{"count":0,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/posts\/338338\/revisions"}],"wp:attachment":[{"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/media?parent=338338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/categories?post=338338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/people.utm.my\/asmawisham\/wp-json\/wp\/v2\/tags?post=338338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}