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Casper Sleep Inc. is a U.S.-based sleep company renowned for revolutionizing the mattress industry with its direct-to-consumer, bed-in-a-box model. Founded in April 2014 by Philip Krim, Neil Parikh, T. Luke Sherwin, Jeff Chapin, and Gabe Flateman, the company is headquartered in New York City. Casper offers a range of sleep products, including mattresses, pillows, bedding, and sleep accessories, both online and through physical retail locations.

Product Offerings:

  • Mattresses: Casper’s mattress lineup includes models like the Dream, Snow, Dream Max, and Snow Max. These mattresses feature Zoned Supportâ„¢ for optimal spinal alignment and are designed to cater to various sleep preferences. The Dream Max and Snow Max models have received endorsements from the American Chiropractic Association.

  • Sleep Accessories: Beyond mattresses, Casper offers pillows, sheets, duvets, bed frames, glow lights, dog beds, and other bedding accessories.

Business Evolution:

Casper gained significant attention for its innovative approach to mattress retailing, emphasizing convenience and customer experience. The company expanded rapidly, opening retail stores and forming partnerships with various retailers. In February 2020, Casper went public on the New York Stock Exchange under the ticker symbol “CSPR.” However, following challenges including the COVID-19 pandemic’s impact on retail and supply chains, Casper announced in November 2021 that it would be acquired by private equity firm Durational Capital Management. The acquisition was completed in January 2022, and Casper’s stock was subsequently delisted.

Global Presence:

Casper serves customers in the United States, Canada, and Europe. While the company initially focused on online sales, it has since established a physical retail presence, including showrooms in cities like New York and Chicago. Casper’s products are also available through various retail partners.

Innovation and Recognition:

Casper has been recognized for its commitment to innovation in sleep technology and design. The company’s products have received various endorsements and awards, reflecting its focus on quality and customer satisfaction. Casper continues to invest in research and development to enhance its product offerings and maintain its position in the competitive sleep industry.