Brooklinen

Home goods/DTCUSA
βœ‚οΈ Markdown
PeakΒ $1 BillionToday
~-50%
from peak
  1. πŸ¦„
    Became a unicorn
    ~2021
  2. πŸ“ˆ
    Peak valuation
    $1 Billion ’21
  3. πŸ’”
    Became a Unitard
    ~2023
  4. πŸ’Έ
    Last valuation
    ~$500M
Current status
Private; est. below $1B (PitchBook)

How it happened

Brooklinen is a US direct-to-consumer home-goods brand best known for bedding and bath products, estimated to have reached a ~$1B valuation around 2021 (unicorn status uncertain). As DTC valuations compressed and growth slowed, third-party estimates marked it down by roughly half, dropping it below the unicorn threshold. Glassdoor reviews chart how that reset felt inside: after the C-suite turned over almost entirely around 2023-24, longtime staff described a workplace they had once loved hardening into a leaner, margin-focused operation amid reactive strategy churn β€” and two 2024 reviews independently put departures at about fifty people, near half the company, in a single year.

Employee accounts paraphrase anonymous, unverified reviews posted publicly on Glassdoor β†—. See our methodology.

Source: CNBC/PitchBook list; $1B peak is an estimate, not a priced round

More from the club

Same fate Β· third-party estimate (PitchBook)
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