About Casper
Casper revolutionized the mattress industry by creating a direct-to-consumer model that ships compressed mattresses in boxes directly to customers. Founded in 2014, the company initially focused on a single foam mattress design but later expanded to multiple mattress types and sleep-related products including pillows, sheets, and bedroom furniture. Casper went public in 2020 but faced challenges with profitability and competition in the increasingly crowded online mattress market. The company was later acquired by private equity firm Durational Capital Management and taken private again.
Investors & Backers
Casper has received investment from 2 venture capital firms.
Individual Investors
Frequently Asked Questions
What does Casper do?
Casper is a direct-to-consumer mattress and sleep products company that sells bed-in-a-box mattresses and other sleep-related products.
Who invested in Casper?
Casper has received investment from 25M Health, Lerer Hippeau. These venture capital firms and investors provide both capital and strategic support.
How much funding has Casper raised?
Casper has raised $340M in total funding, with their most recent round being a IPO. The company operates in the Consumer sector.
When was Casper founded?
Casper was founded in 2014 and is headquartered in New York, NY.
What sector is Casper in?
Casper operates in the Consumer sector. Casper is a direct-to-consumer mattress and sleep products company that sells bed-in-a-box mattresses and other sleep-related products.
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Company Details
- Sector
- Consumer
- Headquarters
- New York, NY
- Founded
- 2014
- Status
- Active
- Last Funding Stage
- IPO
- Total Funding
- $340M
