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 a Manufacturer of foam and hybrid mattresses, pillows, and bedding accessories. 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 248 active competitors, including 7 funded and 20 that have exited. Its top competitors include companies like Eight Sleep, Simba and Leesa.
Sectors and market segments that Casper operate in
Casper serves in the Retail, Consumer Goods market segments.The primary business model of Casper are:Company Details
Manufacturer of foam and hybrid mattresses, pillows, and bedding accessories. The product line includes adjustable bed frames, headboards, sheets, mattress protectors, and duvets. These items are engineered to provide support and comfort for sleep. The business operates through an online store and physical retail locations.
- 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 248 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2020
Employee Count
803 as on May 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 | $100M - $500M (As on Dec 31, 2020) | 353 (As on Dec 31, 2024) | - |
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 | £1M - £10M (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. Brad Beauchamp 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, Vocal, Casper and The Merrick Group. 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: Former 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 803 employees as of May 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 Eight Sleep, Simba and Leesa. 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 | Manufacturer of foam and hybrid mattresses, pillows, and bedding accessories | $340M | 82/100 | |
2nd | Eight Sleep 2014, New York City (United States), Series D | Provider of AI-based internet-first brand of mattress and smart mattress covers | $323M | 80/100 | |
3rd | Simba 2015, London (United Kingdom), Series B | Manufacturer of mattresses beds pillows duvets toppers and sleep accessories | $229M | 69/100 | |
4th | Leesa 2014, Virginia Beach (United States), Acquired | Award-winning mattresses, bedding, and bases for better sleep and social impact | $36.3M | 67/100 | |
5th | Manufacturer of mattresses | - | 54/100 | ||
6th | eve sleep 2014, London (United Kingdom), Acquired | Brand of mattress, pillow, and furniture products | $23M | 51/100 | |
7th | Parachute Home 2013, Los Angeles (United States), Series C | Internet-first brand of home textile products | $35.5M | 49/100 | |
8th | Tuft & Needle 2012, Tempe (United States), Acquired | Mattresses, bedding, and sleep tech designed for responsive comfort and support | - | - | 47/100 |
9th | Bryte 2016, Bellevue (United States), Series A | Internet fist brand offering smart mattresses | $46.5M | 46/100 | |
10th | Reverie 2003, Bloomfield Hills (United States), Unfunded | Internet first brand offering mattresses and pillow | - | - | 46/100 |
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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