Casper Is Said to Work With Morgan Stanley, Goldman on IPO

  • Mattress retailer could exceed $1.1 billion private valuation
  • IPO proceeds to help fund expansion, including storefronts

Photographer: Kris Connor/Getty Images for Casper

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Online mattress retailer Casper Sleep Inc. is working with Morgan Stanley and Goldman Sachs Group Inc. on a U.S. initial public offering, according to people with knowledge of the matter.

The New York-based company could go public as soon as this year or the first half of 2020, said the people, who asked not to be identified because the information is private.