Casper Sleep
General Information | |
Business: |
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. |
Industry: | HOUSEHOLD FURNITURE |
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 | http://www.casper.com |
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: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |