Company profile

Casper

Casper has raised $340 million across multiple rounds, including a central $170 million Series C in 2017 and a $100 million Series D in 2019, led by NEA, IVP, and Target. Earlier, the company secured $55 million in Series B funding from IVP, Lerer Hippeau, NEA, and celebrity investors such as Kyrie Irving, Kevin Spacey, and Andre Iguodala. Casper’s valuation crossed $1 billion within five years, positioning it as one of the fastest-growing direct-to-consumer mattress brands. With investors like Target and Norwest, Casper scaled rapidly before being acquired, supported by strong DTC growth momentum.