Casper Obtains $55,000,000 Series B Round

  • Feed Type
  • Date
    6/23/2015
  • Company Name
    Casper
  • Mailing Address
    45 Bond St. New York, NY 10012 USA
  • Company Description
    Casper is rewriting the rules of the mattress industry by providing a universally comfortable sleep experience. With better sleep comes more productivity and creativity.
  • Website
    http://www.caspersleep.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $55,000,000
  • Transaction Round
    Series B
  • Proceeds Purposes
    Company CEO Mr. Krim said the 75-employee startup would use the new funding to ramp up production of mattresses and to strengthen its supply chain overall so that it can enable on-demand delivery to customers beyond New York. It also has plans to go international, and the company is in the process of deciding where to open its European headquarters, he said. In the near future, it will sell pillows and sheets in addition to its latex and memory foam mattresses, as well.
  • M&A Terms
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor
  • Venture Investor

Trending on Xconomy