While Purple started in a 90,000 square-foot manufacturing space, Bernards led the buildout of its manufacturing processes at a new world-class facility, and Purple now has more than 664,000 square feet of manufacturing space to keep up with demand. Under Bernard's leadership, Purple has grown from a small group of 50 to more than 600 employees since the January 2016 launch of the Purple® mattress. This unparalleled progress is led by Purple's CEO Sam Bernards, who was a finalist in EY's Entrepreneur of the Year® 2017 Award in the Utah Region. In addition, the company holds 65 granted and pending patents for its state-of-the-art comfort technology and has more than 11,000 five-star customer reviews. In 2017, Purple reported $187 million in annualized net revenue. Purple has been profitable since early on, and this revenue success has only grown in recent years. We exist to solve these literal pain points, and we're excited that people continue to recognize our efforts and successes in doing so." "Purple creates life-changing experiences for our customers by improving their sleep and comfort. We wouldn't be where we are today without our incredible team who make Purple's one-of-a-kind innovations and accelerated growth possible," said Sam Bernards, CEO at Purple. "We're so happy and humbled that we've received these awards over this past year. 2 spot for Utah Valley 50's Startups to Watch. Founded and headquartered in Utah, Purple contributes significantly to the state's thriving economy, and also landed the No. 12 in its Fast 50, a list of the 50 fastest growing companies in the Beehive State. ![]() 3 out of 100 companies in the MountainWest Capital Network Utah 100. These achievements underscore Purple's leading position as the comfort tech company creating superior products to help people sleep and sit.īecause of its rapid growth in revenue and sales, Purple is considered one of Utah's fastest growing companies. 31, 2017 /PRNewswire/ - Purple, a comfort technology company known for creating the "World's First No Pressure™ Mattress," experienced 271 percent growth in net revenue in 2017 and won several prestigious state and regional awards.
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