Casper - About the company
Casper is an acquired company based in New York City (United States), founded in 2014 by Neil Parikh, Philip Krim, T Luke Sherwin, Gabriel Flateman and Jeff Chapin. It operates as an Internet-first brand offering mattresses. Casper has raised $340M in funding from investors like Target, New Enterprise Associates and IVP, with last known valuation of $1.1B. The company has 110 active competitors, including 4 funded and 14 that have exited. Its top competitors include companies like Leesa, Simba and Endy Sleep.
Sectors and market segments that Casper operate in
Casper serves in the Retail market segments.The primary business model of Casper is:Company Details
Internet-first brand offering mattresses. It has features such as waterproof technology, cooling cover, and more. It also provides pillows, bed frames, bedding, bed sheets, and more. Users can also take a quiz to get personalized product recommendations.
- Website
- casper.com
- Email ID
- *****@casper.com
- Phone Number
- +1 **********
- Registered Address
- Orono, Maine
Key Metrics
Founded Year
2014
Location
New York City, United States
Stage
Acquired
Total Funding
$340M in 5 rounds
Latest Funding Round
Last Known Valuation
$1.1B as on Mar 27, 2019
Ranked
1st among 110 active competitors
Annual Revenue
$497M as on Dec 31, 2020
Employee Count
794 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by Carpenter (Nov 04, 2024)
Legal entities associated with Casper
Casper is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CASPER SLEEP INC. CIN: 1598674 , United States, Active | Oct 23, 2013 | $497M (As on Dec 31, 2020) | 471 (As on Dec 31, 2022) | - |
CASPER HOLDINGS INC CIN: 821111413 , United States, Active | Dec 31, 1999 | - | 1 (As on Dec 31, 2021) | - |
CASPER SLEEP (UK) LIMITED CIN: 10105739 , United Kingdom, Active | Apr 05, 2016 | $4.82M (As on Dec 31, 2020) | 3 (As on Dec 31, 2020) |
Casper's acquisition details
Casper got acquired by Carpenter on Nov 04, 2024.
Click here to take a look at Casper's acquisition in detail
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Casper's funding and investors
Casper has raised a total funding of $340M over 5 rounds. Its first funding round was on Feb 25, 2014. Its latest funding round was a Series D round on Mar 27, 2019 for $100M. 7 investors participated in its latest round. Casper has 47 institutional investors and 11 angel investors.
Here is the list of recent funding rounds of Casper:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 27, 2019 | $100M | Series D | $1.1B | - | ||
Jun 18, 2017 | $170M | Series C | - | - | ||
Jun 17, 2015 | $55M | Series B | $550M | - |
View details of Casper's funding rounds and investors
Casper's founders and board of directors
Founder? Claim ProfileThe founders of Casper are Neil Parikh, Philip Krim, T Luke Sherwin, Gabriel Flateman and Jeff Chapin. Rachel Brodsky is the CEO of Casper.
Here are the details of Casper's key team members:
- Neil Parikh: Former Co-Founder of Casper and founder of 3 other companies, Slingshot AI, Consignd and Casper. They are also an angel investor in 15 startups.
- Philip Krim: Former Co-Founder of Casper and founder of 3 other companies, Casper, The Merrick Group and Vocal. They are also an angel investor in 9 startups.
- T Luke Sherwin: Former Co-Founder of Casper and founder of 2 other companies, Block Renovation and Casper. They are also an angel investor in 2 startups.
- Gabriel Flateman: Former Co-Founder of Casper and founder of 3 other companies, Yaysay, Tomorrow Health and Consignd. Contact Info: 1 email address
- Jeff Chapin: Co-Founder of Casper and founder of 1 other company.
View details of Casper's Founder profiles and Board Members
Casper's employee count trend
Casper has 794 employees as of Mar 26. Here is Casper's employee count trend over the years:
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Casper's Competitors and alternates
Top competitors of Casper include Leesa, Simba and Endy Sleep. Here is the list of Top 10 competitors of Casper, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Casper 2014, New York City (United States), Acquired | Internet-first brand offering mattresses | $340M | 82/100 | |
2nd | Leesa 2014, Virginia Beach (United States), Acquired | Award-winning mattresses, bedding, and bases for better sleep and social impact | $36.2M | 60/100 | |
3rd | Simba 2015, London (United Kingdom), Series B | Internet first brand offering recycled mattresses | $229M | 58/100 | |
4th | Endy Sleep 2014, Toronto (Canada), Acquired | Internet-first brand of matresses | $1M | - | 57/100 |
5th | eve sleep 2014, London (United Kingdom), Acquired | Brand of mattress, pillow, and furniture products | $23M | 51/100 | |
6th | Manufacturer of mattresses | - | 49/100 | ||
7th | Tuft & Needle 2012, Tempe (United States), Acquired | Mattresses, bedding, and sleep tech designed for responsive comfort and support | - | - | 47/100 |
8th | Bedsure 2015, Diamond Bar (United States), Unfunded | Internet first brand offering mattresses and pillows | - | - | 37/100 |
9th | Sleepeezee 1924, Kent (United Kingdom), Acquired | Manufacturer, importer, and supplier of a variety of bedding products such as mattresses | - | 37/100 | |
10th | Mattress Safe 2004, Cumming (United States), Unfunded | Internet first brand offering mattress for home improvement | - | - | 36/100 |
Looking for more details on Casper's competitors? Click here to see the top ones
Casper's Investments and acquisitions
Casper has made 3 investments including Koo, Yumi and helloprose.com. Casper has not made any acquisitions as of now.Here is the list of its investments:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 19, 2021 | Investments | 2015 | Bengaluru (India) | |
Dec 10, 2019 | Investments | 2015 | Los Angeles (United States) | |
Oct 11, 2017 | Investments | 2017 | - |
See all investments by Casper
Reports related to Casper
Here is the latest report on Casper's sector:
News related to Casper
Media has covered Casper for 1 event in last 1 year.
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Ideagen Acquires Aviation Compliance Specialist CasperEast Midlands Business Link•Sep 25, 2025•Ideagen, Casper, Casper
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Caspar Am: The Value Of Assets Under Management Fell M/m To Pln 1.86 Billion In FebruaryInwestycje.pl•Mar 07, 2025•Casper
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Caspar AM: Value of managed assets fell m/m to PLN 1.86 billion in Februarygospodarka.sos.pl•Mar 07, 2025•Casper
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