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About Hatch
Industries
Consumer Software
Consumer Goods
Company Size
201-500
Company Stage
Series B
Total Funding
$26.4M
Headquarters
Menlo Park, California
Founded
2014
Overview
Hatch focuses on enhancing sleep quality through technology-driven devices suitable for all ages, from newborns to adults. Their main products, Hatch Rest and Hatch Restore, are designed to help families improve their sleep, and they have already assisted over half a million families. Hatch sells its products directly to consumers via its website and offers a subscription service that provides tailored sleep solutions, including personalized routines and exclusive content for better sleep hygiene. What sets Hatch apart from competitors is its emphasis on user-friendly technology that integrates easily into daily life, along with a 60-night money-back guarantee and a one-year warranty, which helps build customer trust. The company's goal is to make sleep easier and more effective for everyone.
Simplify's Take
What believers are saying
- Hatch's new Restore 3 aligns with the growing trend of phone-free sleep devices.
- The subscription model benefits from a 15% increase in customer retention rates.
- Demand for mental health and well-being products is expected to grow by 10% annually.
What critics are saying
- Increased competition from companies like Eight Sleep may impact Hatch's market share.
- Reliance on direct-to-consumer sales may limit Hatch's reach compared to competitors.
- Supply chain disruptions could delay product launches and affect inventory levels.
What makes Hatch unique
- Hatch offers innovative, all-in-one sleep solutions for all age groups.
- The company provides a 60-night money-back guarantee and a one-year product warranty.
- Hatch's products integrate seamlessly into daily routines with user-friendly technology.
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Funding
Total Funding
$26.4M
Below
Industry Average
Funded Over
2 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Parental Leave
Mental Health Support
Family Planning Benefits
Remote Work Options
Home Office Stipend
Phone/Internet Stipend
Company Equity
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 9%Everything you love about Hatch, only better. From enhanced audio performance and a more customizable content experience to true phone-free controls, the new Restore was built to make great sleep even more simple.PALO ALTO, Calif., Jan. 2, 2025 /PRNewswire/ -- Ring in the New Year with Restore 3, the new and improved version of the bestselling smart sleep clock from Hatch, the company that's helped millions of families sleep more soundly. The new Restore continues to offer everything you need to create your best sleep experience through customizable sleep routines, including soothing light and sleep sounds at night to help you unwind and gentle sunrise alarms for energized mornings. Now, with a more phone-free experience.The new Hatch Restore - the latest generation of the viral smart sleep clock. The new Hatch Restore (shown in Putty)
New Year, New Hatch: introducing Restore 3, A phone-free smart sleep clock that helps create the perfect sleep routine.
Hatch, Inc. has launched the Rest 2nd Gen just in time for those wild summer nights, helping babies and big kids create healthy sleep habits and get some rest.
With that in mind, Hatch, Inc. is thrilled to announce and introduce its Hatch Board of Experts, a first of its kind composed of specialists across health industries, including sleep, mental health, and nutrition!
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About Hatch
Industries
Consumer Software
Consumer Goods
Company Size
201-500
Company Stage
Series B
Total Funding
$26.4M
Headquarters
Menlo Park, California
Founded
2014
Hatch is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today