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What is Casper ?
Casper Sleep is a public e-commerce company that sells sleep products online and in retail locations.
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Casper published Van Winkle’s, a news website focusing on sleep until November 2018. After the shutdown of Van Winkle’s, Casper announced a quarterly lifestyle magazine, Woolly. In April 2018, Casper introduced an adjustable bed frame.
Casper mattresses consist of four types of foam, memory foam, and polyurethane support foam. Casper mattresses were previously only sold online but in 2019, they began launching retail locations after piloting successful pop-up shops in large cities like New York and Los Angeles. Each mattress is sold with a 100-day return policy. Returned mattresses have been donated.
Led by Target Corporation, the company raised $170 million in Series C funding in June 2017. The Series C funding included participation from Tresalia, Institutional Venture Partners, Norwest Venture Partners, Lerer Hippeau Ventures, New Enterprise Associates, and Irving Investors. In September 2017, Casper collaborated with American Airlines to provide a full suite of sleep products.Download Here