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Dreams is a technology company.
Dreams is a leading UK specialist bed retailer, manufacturing and selling a comprehensive range of beds, mattresses, and associated bedroom furniture. The company operates its own mattress factory and a network of over 180 retail stores nationwide, ensuring product quality and diverse sleeping solutions directly to consumers. This vertically integrated model underpins its market presence and product offering.
Dreams was established in 1985 by Mike Clare, who founded the company with a single store. Clare identified a market opportunity for a dedicated retail experience focused solely on beds, recognizing that consumers needed specialized guidance and a broad selection. His entrepreneurial insight into providing these services rapidly grew Dreams into a prominent name within the UK bedding sector.
Dreams serves a wide customer base across the United Kingdom, providing personalized sleeping solutions. The company's core mission is to help every customer find a bed they genuinely love, aspiring to remain the nation's most trusted and accessible expert in sleep. Dreams continually enhances its product range and retail experience to meet evolving consumer demands.
Dreams has raised $15.0M across 2 funding rounds.
Dreams has raised $15.0M in total across 2 funding rounds.
Dreams has raised $15.0M in total across 2 funding rounds.
Dreams's investors include Ålandsbanken, AXA IM Alts, Storebrand, Ronny Conway, Andreessen Horowitz, Helium-3 Ventures, IVP, Lobby Capital, Next47, Thirty Five Ventures, Matt Bellamy, Kevin Durant.
Dreams Technologies is a technology services company specializing in custom software development, mobile and web apps, AI, digital transformation, and related IT solutions for global enterprises and small businesses.[1][2][3] Founded in 2013, it serves over 500 customers across the US, UK, Europe, Japan, and UAE with a team of 250+ experts based in the UK and India, focusing on legacy modernization, DevSecOps, data engineering, and SaaS platforms to drive business efficiency and growth.[1][2]
The company solves core challenges in digital adaptation by delivering tailored, scalable solutions that allow clients to prioritize their business while outsourcing tech builds, using agile methodologies and technologies like AI/ML, cloud, IoT, and blockchain.[2][3] Its growth momentum includes evolution from small-scale support to enterprise-grade services over 11+ years, with a proven track record in seamless migrations and innovative executions.[1][2]
Dreams Technologies was co-founded in 2013 by Guru Prasad Chelliah (CEO) and his brother, starting with a mission to provide tailored tech solutions for small-scale companies.[1][2] Guru, holding a Master’s in Computer Science Engineering and boasting 20 years in software, strategy, and business development, has led the firm's expansion into a global player.[2]
The idea emerged from a passion for innovation, translating client concepts into thriving businesses amid rising digital demands.[1] Early traction came from building a decade-long reputation, growing to serve 500+ clients and scaling a 250+ expert team across UK and India bases, marked by pivotal shifts to enterprise solutions like AI and digital transformation.[1][2]
(Note: A separate entity, Dreams Technology, appears to have started in 2014 focusing on web design in India, but primary sources confirm Dreams Technologies as the core match.[4][5])
Dreams Technologies rides the digital transformation wave, capitalizing on market forces like legacy system migrations, AI adoption, and cloud/IoT integration amid accelerating enterprise digitization.[2][3] Timing is ideal as businesses post-2020 prioritize scalable, secure solutions amid economic shifts toward efficiency, with the firm's 2013 start positioning it ahead of surging demand for modernization services.[1]
It influences the ecosystem by empowering small-to-enterprise clients across industries to evolve without in-house tech burdens, fostering growth through customized tools and strategies that enhance competitiveness in a tech-driven global market.[1][2]
Dreams Technologies is poised for continued expansion by deepening AI/ML, blockchain, and DevSecOps offerings, targeting more enterprise migrations as digital maturity gaps widen globally.[2][3] Trends like edge computing, sustainable tech, and regulatory compliance (e.g., data privacy) will shape its trajectory, potentially amplifying its 500+ client base through strategic partnerships.
Its influence may evolve toward leading regional hubs in UK/India for outsourced innovation, solidifying its role from startup supporter to enterprise enabler—echoing its founding vision of turning concepts into thriving realities.[1][2]
Dreams has raised $15.0M across 2 funding rounds. Most recently, it raised $10.0M Seed in October 2019.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 29, 2019 | $10.0M Seed | Ålandsbanken, AXA IM Alts, Storebrand | |
| May 1, 2018 | $5.0M Series A | Ronny Conway | Andreessen Horowitz, Helium-3 Ventures, IVP, Lobby Capital, Next47, Thirty Five Ventures, Matt Bellamy, Kevin Durant, Scott Belsky, BoxGroup, NEA, SV Angel |