Nuvanna

Nuvanna

Premium, tri-layer all foam mattress utilizing the latest innovations in foam and textile.

Premium, tri-layer all foam mattress utilizing the latest innovations in foam and textile.

Overview

Raised to Date: Raised: $0

Total Commitments ($USD)

Platform

SeedInvest

Start Date

10/16/2017

Close Date

12/15/2017

Min. Goal
$300,000
Max. Goal
$1,500,000
Min. Investment

$500

Security Type

Debt

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Rolling Commitments ($USD)

Status
Not Funded
Reporting Date

12/16/2017

Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise

$0

Momentum
Not Funded
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Year Founded

2016

Industry

Consumer Products, Goods & Services

Tech Sector

Location

Chadds Ford, Pennsylvania

Getting a good night’s sleep is something everyone wants. To get a good night’s sleep though, you need a good mattress. And getting a good mattress can be tricky. From frustrating salespeople to the embarrassing “try it out in the store” moments,” mattress shopping can be anything but dreamy.

Nuvanna is here to change all that. They offer a “nu” way to purchase mattresses that’s both convenient and comfy. Available only online, Nuvanna mattresses ship (for free) direct-to-consumer. They also offer a 100 night trial so that you can sleep test your purchase in your own home -- not just for five (embarrassing) minutes at the store. During that trial, customers can return the mattress at anytime for a full refund. Return rates are low though, as customer satisfaction is high. The mattress’s three layer construction provides the ideal balance of comfort, support, and temperature control. If you do decide to return it, Nuvanna picks up the mattress for free and donates it to a charitable organization. Oh, they also offer a ten year warranty. It sounds like the mattress dream we’ve been waiting for, doesn’t it?

The U.S. mattress market is currently valued at $15 billion (and growing) with 140 million potential consumers. With 87% of mattress still sold in stores, Nuvanna is poised to be the future of mattresses, trailblazing how mattresses can be marketed and sold differently but still successfully. They’ve averaged over 45% gross margins in the last six months alone. Plus, Nuvanna’s social media following has grown to 10,000+ Facebook likes, 4,700+ Twitter followers, and 3,000+ Instagram watchers. In other words, their “nu” mattress process is getting some serious attention.

And it makes sense, considering Nuvanna’s “Dream Team,” as they call themselves, has 20 years of experience in material science and product innovation. Nuvanna is disrupting the mattress market, plain and simple. Whereas other companies sell a place to sleep, Nuvanna helps you awaken to a “nu” life. They just might be able to (finally) help you get that good night’s sleep you deserve...all without ever leaving the house.

“Who Should Be Interested in this Offer:”
If you’ve ever been frustrated at mattress shopping, or if you’re in the market for a new mattress right now (but don’t have the time to go searching for one), Nuvanna could be the dream investment you’ve been waiting for. From Nuvanna’s “nu” marketing and sales approach, to their clear success and customer satisfaction, this might be the investment that helps your Zzzz’s - and profits -- both deepen and grow.
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Nuvanna on SeedInvest
Platform: SeedInvest
Security Type: Debt

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Warning: according to the close date for this deal, Nuvanna may no longer be accepting investments.

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