All Brands Owned by Casper Sleep Inc.

Who owns Casper Sleep?
Casper Sleep Inc. is owned by Carpenter Co., a privately held polyurethane foam manufacturer headquartered in Richmond, Virginia. Carpenter acquired Casper in October 2024. Before that, Durational Capital Management owned Casper from January 2022 after taking it private from the NYSE.

Is Casper Sleep publicly traded?
No. Casper went public on the NYSE in February 2020 at $12 per share under the ticker CSPR. Private equity firm Durational Capital Management took the company private in January 2022 for approximately $156 million, or $6.90 per share. Carpenter Co., the current owner, is also privately held.

What was Casper's IPO valuation?
Casper priced its IPO at $12 per share in February 2020, below the expected $17 to $19 range. The IPO valued the company at approximately $476 million, well below the $1.1 billion valuation Casper had achieved in private funding rounds. The stock traded below the IPO price for most of its public life.

How much did Carpenter Co. pay for Casper?
The purchase price for Carpenter Co.'s acquisition of Casper Sleep in October 2024 was not publicly disclosed. Carpenter acquired Casper from Durational Capital Management, which had paid approximately $156 million to take Casper private in January 2022.

What is Casper's annual revenue?
Casper's last publicly reported annual revenue was approximately $497 million, from its 2020 annual report. The company has not disclosed revenue since being taken private. Third-party data aggregators estimate similar figures, but current revenue under Carpenter ownership is not independently verified.

What happened to Casper Canada?
Casper sold its Canadian operations to Sleep Country Canada Holdings in 2023 for $20.6 million. Casper Canada now operates as a separate entity under Sleep Country ownership, with its own product lineup and marketing. The Canadian business is distinct from the US brand now owned by Carpenter Co.

Does Casper use fiberglass in its mattresses?
Current Casper mattress models, including the Casper One, use rayon-based fibers as a flame barrier rather than fiberglass. Older models were the subject of a 2024 consumer complaint about fiberglass content. Casper has stated that its current products are fiberglass-free.