# Casper Sleep

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/casper-sleep

- Industry: Consumer Products
- Headquarters: New York, US
- Website: www.casper.com
- Total disclosed funding: $265M
- Latest round: Series D (Feb 3, 2019)
- Investors on record: 20

## About

Casper Sleep Inc. is a US-based company specializing in the design and manufacturing of sleep products, including mattresses and accessories, aimed at enhancing sleep quality and comfort.Founded in 2014, Casper Sleep Inc. operates from its headquarters in New York, US, focusing on the sleep product sector. The company, established by Jay Singh, Neil Parikh, and Philip Krim, has raised a total of USD 310.00 mn through various funding rounds, with a significant transition from Public to Private in their most recent Secondary Buyout on February 5, 2020, with investments from Durational Capital Management. Philip Krim currently serves as CEO.Casper Sleep, Inc. specializes in high-quality sleep products, primarily offering foam and hybrid mattresses that feature proprietary technologies like the Casper Core+™ and Zoned Support™ for different sleeping positions. Their product line includes a range of mattresses, pillows, bed frames, sheets, and mattress protectors, catering to individual consumers and retailers, and distributed mainly across the US, Canada, and select international markets.In the year 2020, Casper Sleep reported a revenue of USD 497.00 mn with an EBITDA loss of USD 66.75 mn.Casper Sleep Inc. plans to leverage its recent IPO, where it raised USD 100 mn by selling 8.4 million shares at USD 12 each, to design and launch new sleep products and expand into additional markets. The company aims to enhance its product offerings and increase its footprint in new geographic regions by further developing its core offerings and exploring international markets.

## Funding rounds

- Series D, Feb 3, 2019, $25M — Institutional Venture Partners, New Enterprise Associates, Norwest Venture Partners, Target Corporation
- Series C, Jun 19, 2017, $45M — Institutional Venture Partners, New Enterprise Associates, Norwest Venture Partners, Target Corporation, Lerer Hippeau Ventures, Tresalia Capital Private Equity
- Series C, May 23, 2017, $125M — Irving Place Capital, Institutional Venture Partners, New Enterprise Associates, Norwest Venture Partners, Target Corporation, Lerer Hippeau Ventures, M7 Tech Partners, blisce/, Tresalia Capital Private Equity
- Series B, Jun 5, 2015, $55M — Institutional Venture Partners, New Enterprise Associates, Norwest Venture Partners, Pritzker Group Venture Capital, SV Angel, Lerer Hippeau Ventures, Rainfall Ventures, Slow, Queensbridge Venture Partners
- Series A, Jul 31, 2014, $13M — New Enterprise Associates, Norwest Venture Partners, Crosslink Capital, Correlation Ventures, Brand Capital, SV Angel, Lerer Hippeau Ventures, Cendana Capital, Silas Capital, Rainfall Ventures, Slow, Sound Ventures, Queensbridge Venture Partners
- Seed, Jan 17, 2014, $1.6M — Norwest Venture Partners, Crosslink Capital, Correlation Ventures, Lerer Hippeau Ventures, Rainfall Ventures

## Investors

- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Seed, Series A, Series B, Series C, Series D
- Crosslink Capital (https://capitalatlas.ai/funds/crosslink-capital) — Seed, Series A
- Correlation Ventures (https://capitalatlas.ai/funds/correlation-ventures) — Seed, Series A
- Lerer Hippeau Ventures — Seed, Series A, Series B, Series C
- Rainfall Ventures (https://capitalatlas.ai/funds/rainfall-ventures) — Seed, Series A, Series B
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A, Series B, Series C, Series D
- Brand Capital (https://capitalatlas.ai/funds/brand-capital) — Series A
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A, Series B
- Cendana Capital (https://capitalatlas.ai/funds/cendana-capital) — Series A
- Silas Capital (https://capitalatlas.ai/funds/silas-capital) — Series A
- Slow (https://capitalatlas.ai/funds/slow) — Series A, Series B
- Sound Ventures (https://capitalatlas.ai/funds/sound-ventures) — Series A
- Queensbridge Venture Partners (https://capitalatlas.ai/funds/queensbridge-venture-partners) — Series A, Series B
- Institutional Venture Partners (https://capitalatlas.ai/funds/institutional-venture-partners) — Series B, Series C, Series D
- Pritzker Group Venture Capital (https://capitalatlas.ai/funds/pritzker-group-venture-capital) — Series B
- Irving Place Capital (https://capitalatlas.ai/funds/irving-place-capital) — Series C
- Target Corporation — Series C, Series D
- M7 Tech Partners (https://capitalatlas.ai/funds/m7-tech-partners) — Series C
- blisce/ (https://capitalatlas.ai/funds/blisce) — Series C
- Tresalia Capital Private Equity (https://capitalatlas.ai/funds/tresalia-capital-private-equity) — Series C