Casper Sleep

General Information


People spend more time sleeping than on any other single activity throughout their lives. When we sleep better, we experience better hours awake, making us more productive, creative, happy, and healthy. We believe sleep is rapidly becoming the third pillar of wellness and is poised to undergo the same massive transformation that fitness and nutrition have as they became major consumer categories. As the wellness equation increasingly evolves to include sleep, the business of sleep is growing and evolving into what we call the Sleep Economy. We are helping to accelerate this transformation. Our mission is to awaken the potential of a well-rested world, and we want Casper to become the top-of-mind brand for best-in-class products and experiences that improve how we sleep. As a pioneer of the Sleep Economy, we bring the benefits of cutting-edge technology, data, and insights directly to consumers. We focus on building direct relationships with consumers, providing a human experience, and making shopping for sleep joyful. We meet consumers wherever they are, online and in person, providing a fun and engaging experience, while reducing the hassles associated with traditional purchases. We are building a universal, enduring brand that is already embraced by over 1.4 million happy customers.

Employees: 831
Founded: 2013
Contact Information
Address Three World Trade Center 175 Greenwich Street, Floor 39, New York, NY 10007, NY
Phone Number (347) 941-1871
Web Address
View Prospectus: Casper Sleep
Financial Information
Market Cap $476.1mil
Revenues $410.5 mil (last 12 months)
Net Income $-95.0 mil (last 12 months)
IPO Profile
Symbol CSPR
Exchange NYSE
Shares (millions): 8.4
Price range $12.00 - $12.00
Est. $ Volume $100.2 mil
Manager / Joint Managers Morgan Stanley/ Goldman Sachs/ Jefferies
CO-Managers BofA Securities/ UBS Investment Bank/ Citigroup/ Piper Sandler/ Guggenheim Securities
Expected To Trade: 2/6/2020
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
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