Saatva

Saatva

Company type	Private
Industry	Mattresses
Founded	May 6, 2010;15 years ago (2010-05-06) May 11, 2010 (2010-05-11) (launched) [1] [2] [3]
Founders	Ron Rudzin Ricky Joshi
Headquarters	Whitestone, Queens New York City
Area served	United States
Products	The Saatva Mattress Loom and Leaf Zenhaven
Website	www.saatva.com

Saatva is an American privately held e-commerce company that specializes in luxury mattresses and is based in the Queens borough of New York City. Launched in 2010, Saatva was one of the first companies to implement the direct-to-consumer business model. The fastest growing major direct-to-consumer mattress brand from 2019 to 2021, Saatva is estimated to bring in over US$500M in direct annual revenue with no wholesale channels. In 2015, Saatva ranked #101 on Inc's list of the top 500 retailers for the year. ^[4]

Unlike its direct-to-consumer competition, Saatva does not compress its mattresses in a box. Rather, the company provides free delivery, set up, and mattress removal.

Saatva has since expanded their offering to include luxury bedding, high-end bed frames and bedroom furniture, as well as a wide selection of mattresses in every major category. Saatva has flagship stores in New York City; Washington, D.C.; Los Angeles; and San Francisco. Saatva's retail footprint is expanding rapidly with new stores launching in markets such as Austin, Baltimore, Boston, Charlotte, Chicago, Dallas, Houston, Miami, Orlando, Paramus, Pasadena, Philadelphia, Portland (Oregon), San Diego, Scottsdale, Seattle, Tampa, and Westport CT.

History

The company was founded in 2010 by furniture industry veteran Ron Rudzin and entrepreneur Ricky Joshi, who chose to base the company's name on the Sanskrit word sattva , which means "goodness" or "purity". ^[5] Rather than open a brick and mortar store, the two opted to sell their mattresses exclusively online. Their products received positive reception from outlets such as Vogue and Forbes magazine and in 2015, placed on both Forbes' and Internet Retailer's guides for the top companies of that year. ^{[3] [6] [7] [8]}

In 2024 Saatva acquired their largest manufacturing partner, vertically integrating much of their operatations.

References

1. Mochari, Ilan (26 March 2015). "A Millennial Mania For Discounts Is Radically Reshaping Retail". Inc. Magazine.
2. Cowley, Stacy (17 November 2015). "Casper Hopes Its 'One for All' Concept Translates to One Pillow". The New York Times.
3. "#68 Saatva". Forbes. Retrieved 18 November 2015.
4. Inc. Magazine (15 January 2015). "2015 Inc. Retail Industry List". Inc. Magazine.
5. Pasquarelli, Adrianne (31 May 2015). "Finally, a mattress in a box". Crains Communication.
6. Inglese, Elizabeth (13 May 2015). "7 New Mattress Startups Want to Sweeten Your Dreams". Vogue.
7. Heller, Laura (1 October 2014). "Here's One Product Category Ready For Its Online Closeup: Mattresses". Forbes.
8. Nxtbook Media (2 January 2015). "Internet Retailer - Top 500 2015". Nxtbook Media.

• Kline, Kenny (2016-06-20). "How This Startup Reached $180 Million Revenue By Not Acting Like a Startup". Inc.com. Retrieved 2020-06-19.