Tech Company Financing Transactions

Casper Sleep Funding Round

New Enterprise Associates, A Grade Investments and Cendana Capital participated in a $13.1 million Series A funding round for Casper Sleep. This venture round was recorded on 8/7/2014.

Transaction Overview

Company Name
Casper Sleep
Announced On
8/7/2014
Transaction Type
Venture Equity
Amount
$13,100,000
Round
Series A
Investors

New Enterprise Associates (Lead Investor) (Anthony Florence)

A Grade Investments

Cendana Capital

Consigliere Brand Capital

Crosslink Capital (David Silverman)

Lerer Hippeau (Benjamin Lerer)

Norwest Venture Partners (Josh Goldman)

Slow Ventures

SV Angel

Proceeds Purpose
The new investment will advance product design and innovation, allowing Casper to expand its sleep offerings. With sales growing month over month, Casper strikes a chord with a consumer demographic alienated by the industry.

Company Information

Company Status
Publicly-held
Industry
Consumer
Mailing Address
45 Bond St. 2
New York, NY 10012
USA
Phone
(888) 498-0003
Website
www.casper.com
Email Address
Not Recorded
Overview
An obsessively engineered mattress at a shockingly fair price. Try sleeping on a Casper (NYSE: CSPR) for 100 days, with free delivery and painless returns.
Profile
Casper Sleep LinkedIn Company Profile
Social Media
Casper Sleep Company Twitter Account
Company News
Casper Sleep News
Facebook
Casper Sleep on Facebook
YouTube
Casper Sleep on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Philip Krim
  Philip Krim LinkedIn Profile  Philip Krim Twitter Account  Philip Krim News  Philip Krim on Facebook
Chief Operating Officer
Neil Parikh
  Neil Parikh LinkedIn Profile  Neil Parikh Twitter Account  Neil Parikh News  Neil Parikh on Facebook
Chief Technical Officer
Gabriel Flateman
  Gabriel Flateman LinkedIn Profile  Gabriel Flateman Twitter Account  Gabriel Flateman News  Gabriel Flateman on Facebook
Co-Founder
Luke Sherwin
  Luke Sherwin LinkedIn Profile  Luke Sherwin Twitter Account  Luke Sherwin News  Luke Sherwin on Facebook
VP - Product Management
Jeff Chapin
  Jeff Chapin LinkedIn Profile  Jeff Chapin Twitter Account  Jeff Chapin News  Jeff Chapin on Facebook

 

 

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Prev: 8/7/2014: BioMotiv venture capital transaction
Next: 8/7/2014: Ulula venture capital transaction

 

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We do our best to report on every notable VC transaction. VC investment data records on this site come from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.

 

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