Two Canadians built Hush in four years; Sleep Country bought 52% at C$48M valuation

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TOI World Desk. (2026, October 20). Two Canadians built Hush in four years; Sleep Country bought 52% at C$48M valuation. Times of India. https://timesofindia.indiatimes.com/world/rest-of-world/two-canadian-entrepreneurs-built-a-sleep-products-brand-in-four-years-hush-hit-a-c48-million-valuation-before-sleep-country-bought-52/articleshow/135062456.cms

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Times of India · collected 2026-10-20 · by TOI World Desk

Quick Summary

Aaron Spivak and Lior Ohayon founded Hush in 2017, turning their weighted blanket idea into a successful sleep products brand within four years. In October 2021, Sleep Country Canada purchased a 52% stake in Hush for C$25 million, valuing the company at C$48 million. The founders used customer feedback to develop an innovative cooling version of their weighted blanket, which raised over C$1 million on Kickstarter, helping them diversify into pillows, sheets, and mattresses.
Written locally by qwen2.5:14b on 2026-10-20, using this article's own text rather than the other coverage of the same event (that is the story summary below).

AI analysis runs on qwen2.5:14b, locally

Story summary

In October 2021, Canadian retailer Sleep Country acquired a 52% stake in Hush, a sleep-products brand founded by Aaron Spivak and Lior Ohayon in 2017. The deal valued Hush at C$48 million, with Sleep Country paying C$25 million for the majority share. Spivak and Ohayon initially developed their first product, a weighted blanket, which gained traction but faced customer complaints about being too hot during summer. They then created a cooling version of the blanket that attracted thousands of backers on Kickstarter. The founders' initial inspiration came from Ohayon's volunteer experience at a summer camp for children with special needs, where he observed the benefits of weighted devices for sensory issues. This acquisition highlights the rapid growth and success of Hush in just four years.

Written for “Hush Sleeping Pod Startup Valuation” on 2026-10-20, grounded in this article and the 0 other(s) covering the same event.

Story

📰 Hush Sleeping Pod Startup Valuation
Economy/Business · 1 article(s) covering the same event.

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Claims extracted
37
sentences that state something as happening or true
Uncertain
5%
2 of 37 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
59/100
Times of India's corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-10-20 · how these are computed

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Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

Times of India · 2914 article(s) · 2 correction(s) detected
Running correction rate · 2 correction(s)

Who wrote this

TOI World Desk
1064 article(s) here · 1 carrying a prediction
🔮 Aaron Spivak and Lior Ohayon founded Hush after exploring how weighted blankets could help people sleep better.
🔮 Rather than opening a restaurant, he chose to develop a consumer product that could grow at scale.
🔮 Armoo would eventually build another company, an influencer marketing agency that reached major brands and was sold for an eight-figure sum when he was 27.
🔮 A technician could not get it working again at a price that made sense, so the couple faced a bigger problem.
🔮 According to KXAN, the Austin Business Journal and records from the Texas Comptroller, a former Texas horse racing venue that once hosted music performances and major community events could be transformed into a large industrial development, reviving a long-delayed redevelopment plan while raising concerns about the loss of a local landmark.
🔮 Its model involves working with established healthcare and research organisations to test approaches that could eventually reach more people.
🔮 The couple first expected to spend around £600,000 on the restoration.
🔮 When James and Laureta Gale entered the basement of a run-down 1880s Brooklyn lodging house in 2024, they expected to find damaged walls, dust and old plumbing.
🔮 He decided not to attend college, citing the expense and doubts about whether a degree would help him pursue his interests.
🔮 In May 2011, Toronto Zoo's board voted to close its elephant exhibit and relocate its remaining elephants to an appropriate facility.
Wire or desk byline, not an individual reporter.
Also by TOI World Desk
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 1064 articles by TOI World Desk →

Topics

Canadian Forbes Hush Kickstarter Spivak

Subjects

Hush ORG · 18× Sleep Country ORG · 6× Canadian NORP · 5× Spivak PERSON · 5× Forbes ORG · 4× Aaron Spivak PERSON · 3× Lior Ohayon PERSON · 3× Kickstarter ORG · 2× Sleep Country Canada ORG · 2× Canada GPE · 1×

Narrative

Sleep Country bought 52% of Hush in 2021 In October 2021, Canadian retailer Sleep Country acquired a 52% stake in Hush for C$25 million, valuing the sleep-products brand at C$48 million.
framing: assertive · carried by 1 article(s) · first seen 2026-10-20
🔮 Aaron Spivak and Lior Ohayon founded Hush after exploring how weighted blankets could help people sleep better.

Claims (37 extracted, 2 hedged)

Two Canadian entrepreneurs turned a weighted blanket business into a sleep-products brand that attracted a major buyer within four years. asserted
that → turn → years
Aaron Spivak and Lior Ohayon founded Hush after exploring how weighted blankets could help people sleep better. uncertain
people → found → Hush
Their first product gained traction, but customers soon complained that it was too hot for summer. asserted
it → gain → summer
The founders used this feedback to develop a cooling version, which attracted thousands of backers on Kickstarter. asserted
which → use → Kickstarter
Their growing business caught the attention of Canadian retailer Sleep Country Canada, which bought a 52% stake in Hush for C$25 million in October 2021. asserted
which → grow → October
The deal valued the company at C$48 million. asserted
deal → value → million
How two Canadian entrepreneurs built Hush in four years Hush was founded in 2017 by Aaron Spivak and Lior Ohayon. asserted
Hush → build → Spivak
The company launched its weighted blanket in Canada in 2018. asserted
company → launch → 2018
In a December 2025 interview with Forbes, Spivak explained how the idea took shape. asserted
idea → explain → shape
Ohayon had volunteered at a summer camp for children with special needs, where he encountered a sensory room with a weighted device. asserted
he → volunteer → device
That experience helped inspire the pair to explore weighted blankets and deep-touch pressure stimulation. asserted
experience → inspire → blankets
The founders spent about six months developing their first blanket while holding down full-time jobs. asserted
founders → spend → jobs
Spivak said they worked on Hush between 5 pm and 1 am and initially tested demand through pre-orders. asserted
they → say → orders
Spivak told Forbes that monthly sales rose from C$30,000 in the first month to C$60,000, C$120,000 and C$300,000 over the following months. asserted
sales → tell → months
These are figures reported by the founder, not independently audited results. asserted
These → report → founder
Customer feedback led to a cooling blanket The early momentum did not last uninterrupted. asserted
momentum → lead → blanket
During Hush's first summer, sales slowed as customers complained that the weighted blanket became too hot in warmer weather. asserted
blanket → slow → weather
Spivak told Forbes that the founders surveyed 500 customers to understand the problem. asserted
founders → tell → problem
The feedback pointed to a clear opportunity: retain the appeal of a weighted blanket while making it cooler to use. asserted
it → point → blanket
The founders responded with Hush Iced, a cooling weighted blanket. asserted
founders → respond → Iced
They launched it on Kickstarter in March 2019, setting a funding target of C$25,000. asserted
They → launch → 25,000
The campaign ran from March 13 to April 12 and raised C$1,116,334 from 5,394 backers. asserted
campaign → run → backers
The response helped Hush expand beyond its first product. asserted
Hush → help → product
The company went on to sell pillows, sheets, mattresses and other sleep accessories, turning a single-product idea into a broader sleep-products business. asserted
company → go → business
Hush grew into a wider sleep-products brand Hush's expanding product range attracted the attention of Sleep Country Canada, a major Canadian mattress and sleep-products retailer. asserted
range → grow → Canada
By October 2021, Hush offered weighted blankets, pillows, sheets and mattresses. asserted
Hush → offer → blankets
Sleep Country described the company as an eight-figure brand within its first 24 months. asserted
Country → describe → months
Spivak also told Forbes that Hush grew from approximately C$700,000 in its first year to a C$10 million business. asserted
Hush → tell → business
The expansion gave Hush a broader presence in the sleep-products market. asserted
expansion → give → market
It also offered Sleep Country an opportunity to strengthen its digital business and add an established direct-to-consumer brand to its portfolio. asserted
It → offer → portfolio
Sleep Country bought 52% of Hush in 2021 In October 2021, Canadian retailer Sleep Country acquired a 52% stake in Hush for C$25 million, valuing the sleep-products brand at C$48 million. asserted
Country → buy → million
The deal came just four years after Hush was founded, with co-founders Aaron Spivak and Lior Ohayon remaining involved in the business. asserted
Spivak → come → business
Sleep Country gradually increased its ownership, acquiring another 16% stake in 2023. asserted
Country → increase → 2023
In May 2024, it bought the remaining shares, bringing Hush fully under its ownership. uncertain
it → buy → ownership
Hush continued to expand its product range Hush continued developing its product portfolio after becoming part of Sleep Country. asserted
Hush → continue → Country
In April 2025, the company introduced Hush Little Baby, a product line for babies and toddlers. asserted
company → introduce → babies
In an interview with Retail Insider published that month, Hush president Phil Besner discussed the brand's expansion into bedding, pillows, mattresses and cooling sleep accessories. asserted
Besner → publish → bedding
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