SOURCE: Saatva

Saatva

August 21, 2015 10:52 ET

Saatva Is Seventh Fastest Growing Private Retailer in USA

Beloved Mattress Company Ranks #101 on 2015 Inc. 500

AUSTIN, TX--(Marketwired - Aug 21, 2015) -  Saatva Mattress, top-selling, online-only mattress brand, has been named #101 to the 2015 Inc. 500/5000 list, an exclusive ranking of the fastest-growing private companies in America. Saatva grew 3,337% in the last three years hitting $28.6M in revenue in 2014. 

Saatva is a new kind of mattress company that designs, manufactures and delivers ultra-premium innerspring and foam mattresses. By cutting out the middleman in the traditional supply chain, the company is able to provide a luxury product at significantly less cost than other retailers. Saatva spent years building a scalable nationwide infrastructure that manufactures, distributes and offers concierge delivery on luxury innerspring mattresses nationwide.

"There has never been a more exciting time to work in e-commerce and Internet retail," said CEO and co-founder Ron Ruzdin. "From day one, our team has been 100% committed to bringing more transparency, value and phenomenal customer service to the ultra-premium mattress space and we look forward to continuing to make our customers' experiences better than anything they've known before."

In addition to the Saatva brand, the company launched its first new memory foam brand, Loom & Leaf, making it the only e-commerce sleep brand with a presence in both the memory foam and innerspring markets. 

According to co-founder Ricky Joshi, "Sales of Loom & Leaf have greatly exceeded internal sales estimates since launch. We're incredibly enthusiastic about the long-term prospects of the brand. Our growth numbers show that we're entering a new phase of e-commerce, and we're poised to introduce new product lines and open new revenue streams."

Since Saatva's launch five years ago, the company has grown into one of the largest online-only mattress companies in the world. In 2015, the company was recognized in Forbes' 100 "America's Most Promising Companies," and landed at #68. Saatva was also ranked the 7th fastest growing e-tailer by Internet Retailer earlier this year.

The Inc. 500 line-up is anticipated every year for its stiff competition and painstaking selection; it has previously recognized other notable companies such as Intuit, Zappos, Under Armour, Microsoft, GoPro, Timberland, and Clif Bar.

Eric Schurenberg, President and Editor in Chief of Inc. magazine noted that, "To make it among the top 500 companies on the list, honorees had to have grown at least tenfold over the past three years. That's a result most businesses could only dream of."

About Saatva
Saatva is an online-only brand that designs, manufactures and delivers ultra-premium innerspring mattresses directly to consumers for thousands less than in-store competitors. With transparent policies and a direct model, Saatva has been the best-reviewed mattress company on Google from 2013-2015. Saatva's eco-responsible, luxury innerspring mattress is American-made and priced at $899. They offer easy online ordering, nationwide delivery and mattress setup in your home. For more details, visit www.saatva.com and www.loomandleaf.com.