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Casper IPO could come as early as this year with $1.1 billion valuation

Time:2019-10-30 13:11:31    Share:

Online mattress retailer Casper is working with Morgan Stanley and Goldman Sachs Group on an initial public offering, according to a Bloomberg report. The report quoted people “with knowledge of the matter” and said Casper could go public as soon as this year or the first half of next year.

Casper’s valuation could exceed $1.1 billion, the report said. The IPO’s proceeds would be used to help fund expansion, including storefronts, according to the report.