Casper, a New York City-based company that designs its own line of mattresses and sells them online, has raised a $13.1 million Series A investment from NEA, SV Angel, Lerer Hippeau Ventures, Consigliere Brand Capital and several others. Casper, which just launched in April, is on track to generate $15 million in first-year revenue, based on its first three months of sales, according to a source close to the company. NEA’s Tony Florence and Lerer Hippeau Ventures’ Ben Lerer will join the board.
This article originally appeared on Recode.net.
