Sleep Number Corp (Sleep Number) is a company specializing in personalized sleep wellness solutions. It designs and manufactures mattresses with adjustable firmness, pressure-relieving support, and temperature-balancing comfort. The company's product portfolio includes smart beds with adjustable firmness, mattresses, sheets, pillows, furniture, upholstered beds, digital sensors, and temperature balancing technology and other related bedding products.

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Sleep Number's R&D initiatives focus on developing a comprehensive smart bed ecosystem that includes smart beds, adjustable base designs, and bedding solutions. The company's R&D team, consisting of experts in mechanical engineering, comfort, adjustability, temperature, anthropometrics, and test systems, is responsible for driving innovation. It leverages AI, biometric analysis, and digital tools to create a sleep wellness platform, which generates longitudinal sleep and biosignal data through a multi-sensor ecosystem. This platform utilizes advanced AI and analytics to enhance sleep quality and conduct extensive sleep research. The R&D units of Sleep Number are located onshore in Minneapolis and San Jose and offshore in Europe and Asia. These units are responsible for managing the company's R&D activities, focusing on the development and innovation of the smart bed ecosystem. In FY2025, the company has over 1,000 patents and patent applications pending worldwide. In FY2025, the company incurred expenses of US$34 million on R&D, which as a percentage of revenue stood at 2.4%.