So Much For the City that Never Sleeps…
New York-based sleep startup Casper announced that they closed a $13.1 million Series A funding round – and FYI, this Warby Parker for mattresses just launched in April of this year and already boasts millions in sales. The round was led by New Enterprise Associates (NEA), along with new participants Ron Conway’s SV Angel, Ashton Kutcher’s A-Grade Investments, Slow Ventures, Mike Duda’s Consigliere Brand Capital, Silas Capital, Cendana Capital, and fashion designer Steven Alan. Existing investors, including Lerer Hippeau Ventures, Norwest Venture Partners, Crosslink Capital, Vaizra Investments, Queensbridge Ventures, and Correlation Ventures, also participated in the round. Bottom line: we sleep. But we also like comfy, affordable bedding when it’s finally lights out.