Who Owns Casper?

Casper mattresses use CertiPUR-US certified foams. This certification verifies that foams are made without ozone depleters, certain flame retardants, formaldehyde, and heavy metals, and meet low VOC emission standards for indoor air quality. All Casper foam mattresses carry this certification.

The Casper One mattress is fiberglass-free, using rayon-based fibers as a flame barrier instead. Older Casper models have faced consumer complaints about fiberglass content, with a viral social media post in December 2024 drawing attention to fiberglass in a Casper mattress. Casper has stated that current models do not use fiberglass as a primary flame barrier.

Casper's mattress covers incorporate recycled polyester and upcycled cotton. The company has made efforts to use more sustainable materials in its product line, though it does not hold certifications like GOTS organic or GOLS latex that some competitors offer.

Under Carpenter Co., Casper has access to foam manufacturing with greater control over materials and processes. Carpenter has published information about Casper Core+ foam technology, which the company says was developed with sustainability considerations. Specific environmental metrics or carbon footprint data for Casper products are not publicly disclosed.

Casper offers a mattress recycling program for returned mattresses, partnering with local charities and recycling centers to pick up and process returned units rather than sending them to landfills.

Casper has received recognition from several consumer testing organizations. The Casper One was named Consumer Reports' top-rated all-foam mattress of 2026, a significant endorsement from the independent testing organization. Wirecutter has tested Casper mattresses and considers the Casper Original (now replaced by the Casper One) a mattress with widespread appeal, though Wirecutter notes the brand tends to be expensive for the features offered.

Casper was named one of TIME's Best Inventions and received recognition from Entrepreneur magazine for company culture in its earlier years. The brand has also been recognized by Fast Company for innovation in retail and product design. Casper Canada, now under separate ownership by Sleep Country, won Product of the Year 2025 in the Mattress-in-a-Box category for the Casper Wave Hybrid Snow.

Casper has faced several controversies related to product materials and marketing. In December 2024, a viral TikTok video brought attention to fiberglass content in Casper mattresses. A user reported discovering fiberglass in her mattress after years of use, claiming it had caused skin rashes and contaminated her home. The video received nearly 500,000 views and prompted broader discussion about fiberglass use in bed-in-a-box mattresses. Casper has stated that current models use rayon-based fibers rather than fiberglass as a flame barrier, though older models may have contained fiberglass.

Casper's IPO performance was a subject of controversy in the direct-to-consumer startup community. The company raised over $300 million at a $1.1 billion valuation, then went public at a valuation below $500 million. The disappointing IPO was cited as evidence of the challenges facing venture-backed DTC companies. Casper's stock traded well below the IPO price for most of its public life before being taken private at $6.90 per share.

The company's path to profitability was questioned throughout its public and private life. Casper reported net losses of $93 million in 2019 and continued to lose money through 2021. Under Durational Capital and now Carpenter Co., the company has focused on cost reduction and operational efficiency, though current profitability figures are not publicly disclosed.

No major Consumer Product Safety Commission recalls have been issued for Casper mattresses as of August 2026.