Wispere, a Bristol, UK-based online mattress in a box company, raised £200k in funding.
Backers remained undisclosed.
The company is using the funds to launch its new mattress and expand to markets across the United Kingdom.
Founded in 2015 by Jamie Hancock, Wispere delivers “mattress-in-a-box” to the customer’s home, with a free two month trial period. It retails between £359 and £699.
FinSMEs
12/04/2016
PRESS RELEASE
New Wispere Mattress Company Raises £200K in Funding to Improve Peoples Sleep
Online-Based Mattress In a Box Company is Leaving UK Bed Stores a Sleep
BRISTOL, England, April 12, 2016 – Wispere, a Bristol-based company, today announced the launch of its mattress in a box. The company has raised £200,000 from investors to fuel the launch of its new mattress in a box and expansion to markets across the United Kingdom.
Mattress shopping is not liked by most in the UK – and rightly so. The experience of walking into any high street bed store and being greeted by the salesperson who wants you to lay on every bed possible and make a comfort decision in 10 to 15 minutes and who won’t take no for an answer makes you think twice before visiting the bed store.
Since the rise of e-tailors in the past few years, “mattress-in-a-box “is hitting the £700 million in the UK bed market for six, giving the consumer an alternative to visiting the bed retailer to find the perfect mattress. The “mattress-in-a-box” is delivered right to your door ‘in a box’, with a free two month trial period to see if you like it and want to keep it.
The new online mattress e-tailor Wispere has one cool springless mattress which gives the perfect sleep solution for everybody. Wispere’s co-founder Jamie Hancock said “After many years of supplying mattresses through exhibitions and seeing technology improve, we saw the one-mattress in a box opportunity and decided to move our business online.”
With on-line mattress sales predicted to increase by more than 30 percent over the next five years, Wispere’s springless cool mattress will hit the right spot and at present retails between £359 and £699 which is equivalent to rivals selling mattresses for £1400 to £3500 in terms of quality.
The Wispere mattress is ready to deliver and the company expect the demand to increase throughout 2016. Wispere was founded in 2015 and operates in Clifton, Bristol.
For more information, visit http://www.wispere.co.uk or contact Jamie Hancock at 08002289598 or [email protected]