D2C sleep solutions brand SleepyCat said it raised $3.8 million in a funding round led by Saama Capital. The round also saw participation from existing investors: DSG Consumer Partners and Sharrp Ventures (Mariwala family office).
This marks the company’s second external fundraise since inception, following a $1.6 million round led by DSG Consumer Partners and Sharrp Ventures in September 2019.
With the new round of funding, SleepyCat plans to increase its research and development efforts to manufacture better products and process innovation.
