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Casper
Home & Furniture · Mattresses / sleep (global)
Acquired (Carpenter Co.)Global
HQNew York City, NY, USA
Founded2014
FoundersPhilip Krim, Neil Parikh, T. Luke Sherwin, Jeff Chapin, Gabe Flateman
RegionGlobal
Financials
FY24 Revenue$497M (2020 — last public)
FY25 Revenuenot disclosed post-acquisition
YoY growthpre-acquisition decline
Profitabilitylost money for years; current unclear
Channels & Distribution
Channel mix not disclosed.
D2C—
Marketplace—
Offline—
Stores—
Tech stack
Primary stackShopify Plus
Shopify share70%In-house: 30%
Mobile appYes
Stack signals
Originally custom on AWSWas Shopify Plus customer pre-IPO
Analyst notes
NYC mattress/sleep brand founded 2014. IPO 2020 → taken private 2022 by Durational Capital → acquired by Carpenter Co. Oct 2024. $497M revenue 2020 (last public). Was Shopify Plus customer pre-IPO.
Confidence: verifiedVerified 5 Jun 2026
Funding
Latest roundAcquisitionOct 2024
Round sizeundisclosed
Total raised—
ValuationLast public ~$1.1B (2019)2019
Investors
Carpenter Co.Durational Capital Mgmt (2022)
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