Purple | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Purple is a comfort innovation brand known for its unique Purple Grid™ technology in mattresses and other comfort products. Founded...


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Purple is a comfort innovation brand known for its unique Purple Grid™ technology in mattresses and other comfort products. Founded by engineer brothers Tony and Terry Pearce, the company aims to improve lives through better sleep and comfort solutions. With a focus on customer satisfaction, Purple offers a range of products including mattresses, pillows, seat cushions, and adjustable bases, all designed to provide optimal comfort and support. The brand has gained recognition for its innovative approach to sleep technology and has a strong online presence.

Website
Headquarters
Lehi, Utah
Size
1001-5000 employees
Industry
Retail
Specialities
Comfort Products, Seat Cushions, Mattresses, Sleep, Comfort, Pillows, Sheets, Home, Startup, Mattress, Platform Beds, Adjustable Beds, Bedding, Ecommerce, Decor, Video, Sleep, Comfort Technology, Feel Better

🛍️ Purple Product and Pricing News →

👔 Purple CEO, Management and Leadership Team →

⚔️ Purple Alternatives and Competitors →

💼 Purple Hiring and Layoffs →

🤖 Purple Developer, Integration and Automation News →

📈 Purple Financials, Fundraising and Valuation News →

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🛍️ Purple Product and Pricing News

  • Purple launched two new affordable bed frame options, the Purple Adjustable Base and the Purple Metal Platform, last month.
  • Purple has launched a Black Friday sale offering 60 months of zero percent interest on purchases made in their showrooms.
  • Purple is promoting its new Therabody merchandise in showrooms during the holiday season.
  • Purple is offering a 10% discount on American-made products to all U.S. military members.
  • Devin Williamson, a materials scientist at Purple, received awards for Quality Champion and Most Approachable at the Innovations Gala.

  • Purple hosted a Values Week event featuring team competitions, a seminar by Nichole Harrop on personal branding, and a Town Hall with the CEO announcing future goals.
  • Bryant Garvin mentioned using YouTube Ads to grow Purple.

👔 Purple CEO, Management and Leadership Team


⚔️ Purple Alternatives and Competitors

  • Saatva
  • |
  • Leesa Sleep
  • |
  • Casper
  • |
  • Nectar
  • |
  • Bear
  • |
  • GhostBed
  • |
  • WinkBeds
  • |
  • Mlily
  • |
  • Puffy
  • |
  • Helix
  • |
  • Brooklinen

Monitor your competitors, clients, accounts, partners etc. with RivalSense AI


💼 Purple Hiring and Layoffs

  • Ken Golightly has left Purple as the Director of Inventory and Cost Accounting to join USANA Health Sciences as the Sr. Cost Accounting Manager in the United States.
  • Purple is currently hiring for the position of Sr. Director of Analytics in the United States.
  • Purple is currently hiring a Contracts Paralegal in the United States.
  • Thomas Call has left Purple as a Learning Experience Designer to join Amazon as an L&D Program Manager in the United States.
  • Michael Crespo, Sales Lead Manager at Purple, is seeking new job opportunities as of November 20.

  • Purple is currently hiring a Manager of Safety, Health, Environment in the United States.
  • Purple is hiring a Market Development Specialist in Los Angeles.
  • Troy Whitehead has left Purple as a Business Intelligence Analyst in the United States to join Mountain America Credit Union as a Business Intelligence Analyst.

🤖 Purple Developer, Integration and Automation News

  • Tempur Sealy has signed third-party vendor agreements with Purple for mattress brands.
  • Purple's holiday window displays, crafted with Rainier Industries and BRIXEN & SONS, Inc., showcase exceptional creativity and teamwork.


📈 Purple Financials, Fundraising and Valuation News

  • Purple reported a 15.3% drop in third-quarter revenues to $118.6 million and a net loss of $39.2 million, while CEO Rob DeMartini announced ongoing restructuring efforts to improve future profitability.


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