Casper

New York, NY Consumer Discretionary Public

Casper is a direct-to-consumer mattress and bedding brand that pioneered the bed-in-a-box category. Founded in 2014, Casper offers foam mattresses, pillows, and sleep products through its e-commerce platform and retail partnerships. The company went public on the NYSE in February 2020 but was taken private by PE firm Durational Capital Management in January 2022. In October 2024, Casper was acquired by Carpenter Co., the world's largest manufacturer of polyurethane foams.

Public Company

Casper is publicly traded

IPO'd on February 6, 2020

CSPR NYSE

This company is no longer available on our private secondary market. Shares can be traded publicly under CSPR.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2014

Employees

201–500

Total Funding

$749.95M

7 rounds

Last Private Valuation

$0.31B

January 25, 2022

Funding

Total raised $749.95M across 7 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Take-private acquisition

Date

January 25, 2022

Amount

$310M

Valuation

$0.31B

Lead Investors

Durational Capital Management
DateRoundAmount RaisedValuationLead Investors
January 25, 2022 Take-private acquisition $310M $0.31B Durational Capital Management
February 6, 2020 IPO (NYSE: CSPR) $100M $0.48B Morgan Stanley, Goldman Sachs, Jefferies
March 27, 2019 Series D $100M $1.1B Not disclosed

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
0.5x 1x 2x 2016 2018 2020 2022 Casper

Entry · Series B

$0.6B

Jun 2015

Casper today

$0.3B

Jan 2022 · latest mark

Casper multiple

0.6x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Joe Megibow

    Chief Executive Officer

  • Brad Bailey

    Chief Sales Officer

  • Jeff Willard

    Chief Growth and Marketing Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Purple

    Innovator in gel-infused foam technology; direct competitor with strong brand positioning and retail presence

  • Sleep Number

    Air chamber mattress technology provider with multiple product lines and established retail distribution

  • Nectar

    Memory foam mattress brand competing in the DTC and value-oriented bed-in-a-box segment

  • Tuft & Needle

    DTC mattress brand with proprietary foam technology and online-first sales model

  • Leesa

    Direct-to-consumer mattress brand with focus on online sales and sustainability

Casper Investment FAQ

Casper FAQ

Yes, Casper is publicly traded under the ticker symbol CSPR on the NYSE. The company went public in February 6, 2020.

Casper trades under the ticker symbol CSPR on the NYSE. It began trading in February 6, 2020.

Casper (CSPR on the NYSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker CSPR to place an order.

Casper went public in February 6, 2020 via ipo, with an offering valuation of approximately $0.31B. Casper Sleep Inc. went public on the NYSE on February 6, 2020, pricing its IPO at $12 per share. The company was taken private by PE firm Durational Capital Management on January 24, 2022, via an all-cash acquisition at $6.90 per share. In October 2024, Casper was acquired by Carpenter Co., the world's largest vertically integrated manufacturer of polyurethane foams, and now operates as a subsidiary.

Casper raised $749.95M across 7 disclosed funding rounds prior to its public listing.

Casper is headquartered in New York, NY.

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