- June 22, 2017
- Posted by:
- Category: FundingSMEs.com
Casper has raised $170 million in Series C funding.
Founded in 2013, Casper is an award-winning sleep startup that launched with an outrageously comfortable mattress sold directly to consumers — eliminating commission driven, inflated prices.
The new investment will accelerate Casper’s industry-leading product innovation. The company will expand its R&D capabilities with the launch of a design lab in San Francisco, a facility and engineering team dedicated to developing new products to complete the Casper ecosystem — from re-designed soft goods to the future of connected sleep. The funding will also enable the digitally-first brand to traverse online and offline distribution at scale.
|City||New York, NY|
|Founder / CEO||Philip Krim|
|Previous Investors||Cherry Tree Investments|
|QueensBridge Venture Partners|
|New Enterprise Associates|
|Lerer Hippeau Ventures|
|Norwest Venture Partners – NVP|
|Pritzker Group Venture Capital|
|IVP (Institutional Venture Partners)|