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Casper (company)

Casper (company)

Casper is a memory-foam mattress retailer.

Casper is a global sleep company that launched a comfortable mattress that is sold directly to consumers, addressing the problem of commission ­driven and inflated prices. The company started by creating a comfortable mattress and shipping it to peoples' door in a tiny box.

Casper as an online mattress startup company was that established in 2014 and quickly turned to a social media phenomenon, with celebrities like Kylie Jenner posting pictures of their new mattresses on Instagram and YouTube, and influencers posting videos where they pull a new Casper mattress out of a cardboard box after it reached their doorsteps.

Today, Casper is a billion-dollar mattress company that is leading the charge of online retailers that are disrupting an industry that was previously dominated by companies who sell mattresses out of large warehouses.

Casper's researchers, designers, and engineers who work at Casper Labs spend their time studying sleep and creating products that are based on customers' needs and feedback, and the result of this brings about innovative sleep products.

Timeline

March 27, 2019
Casper raised $100 million in funding at a valuation of $1.1 billion
March 27, 2019
Casper raises a $100,000,000 series D round from G-Bar Ventures, New Enterprise Associates and Norwest Venture Partners.
March 2019
Casper raises a $100,000,000 series D round from New Enterprise Associates, Norwest Venture Partners and Target Partners.
June 2017
Casper raises a $170,000,000 series C round from Andre Iguodala, Carmelo Anthony, Curtis "50 Cent" Jackson, Institutional Venture Partners, Irving Capital, Kevin Spacey, Kyrie Irving, New Enterprise Associates, Norwest Venture Partners, Shaun White, Target Corporation and Tresalia Capital.
June 22, 2015
Casper raises a $55,000,000 series B round from New Enterprise Associates, Norwest Venture Partners, Pritzker Group Venture Capital, QueensBridge Venture Partners, Rainfall Ventures, SV Angel, Scooter Braun, Slow Ventures, Tobey Maguire and blisce/.

Funding Rounds

Patents

Further Resources

Title
Author
Link
Type
Date

Mattress Retailer Casper Raises $100M at $1.1B Valuation Amid IPO Rumors

Web

News

Title
Author
Date
Publisher
Description
Natasha Mascarenhas
September 18, 2021
TechCrunch
BetterUp, a reskilling and coaching platform for employees before and beyond the C-suite, is getting in touch with its emotions. This week, the richly funded unicorn startup announced a pair of acquisitions in the emotional artificial intelligence and people management space: Motive and Impraise. The terms of the deal weren't disclosed.
Natasha Mascarenhas
September 15, 2021
TechCrunch
Casper has laid off dozens of employees, including three C-Level executives: its chief marketing officer, chief technology officer and chief operating officer, sources say. The mattress company declined to comment. The round of layoffs, communicated to employees on Friday, largely impacted retail and operations teams, signaling that the business may be undergoing a broader restructuring. [...]
Richard Dal Porto
August 30, 2021
TechCrunch
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
July 25, 2021
Zee News
Malaika Arora takes her dog, Casper, out for a walk on a Sunday morning (July 25) in comfy athleisure wear. The actress wore a grey sports bra and black jogger pants for her outing. Check out her photos.
Omar Faridi
July 23, 2021
Crowdfund Insider
Digital asset platform CoinList announces support for Casper token staking. The offer is subject to terms and conditions shared by CoinList.
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References

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