[ Casper raises $170M in Series C ]

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.

Funding  Series C
Founded  2013
Country  USA
City  New York, NY
Founder / CEO  Philip Krim
Deal Size  $170M
Investors  Target
Previous Investors  Cherry Tree Investments
 Silas Capital
 Bullish
 QueensBridge Venture Partners
 New Enterprise Associates
 Lerer Hippeau Ventures
 Correlation Ventures
 Crosslink Capital
 Norwest Venture Partners – NVP
 Vaizra Investments
 SV Angel
 Slow Ventures
 A-Grade Investments
 Cendana Capital
 Pritzker Group Venture Capital
 blisce/
 IVP (Institutional Venture Partners)
 Leonardo DiCaprio
 Kevin Colleran
 Adam Levine
 Tobey Maguire
 Scooter Braun