Resident Home
Formerly DreamCloud Technologies
Direct-to-consumer Mattress Supplier
Startup Acquired Retail Platforms Est. 2017
Total Raised
$140.5M
Acquired
Last Round
$130M
3 rounds
Investors
8
8 public
Team
3
500+ employees
Confidence
100/100
News
4
articles
About
Resident is a house of direct-to-consumer brands in the home goods space. The company owns and operates multiple brands catering to different consumer furnishing needs including Nectar and DreamCloud. The company's business model enables companies to cut down on costs by eliminating warehousing expenses. The company outsources manufacturing to companies across the United States and Asia. When an order is received, it is FedExed directly from the manufacturer's warehouse to the customer.
Classification
Sector
Retail PlatformsGoods
Core Technology
Platforms & Interfaces
Target Customer
Real Estate & ConstructionArchitecture & Interior DesignConsumersDemographics & FamilyTeenagers & Young AdultsParents
Business Model
B2C
Tags
online-shoppingretailconsumersdirect-to-consumerconsumer-goodsecommerceshopping-experiencemarketingsingle-seller-platform
Funding & Events
Mar 2024
Exit $1B
Jan 2021
B Round $130M
Phoenix Insurance, Psagot, ION Crossover Partners, Menora Mivtachim Insurance, Baron Capital, Nexus Venture Partners, More Investment House
Jan 2018
A Round $10.5M
Dec 2019
Debt Financing $10M
LIQUiDITY (Lead)
News (4)
Mar 13, 2024 · www.calcalistech.com
US furniture giant Ashly Home to pay $1 billion to acquire online mattress platform Resident | CTech
Apr 15, 2022 · www.furnituretoday.com
growth-positive
Resident Home to open facility in Indiana - Furniture Today
Expand
Jan 7, 2021 · www.prnewswire.com
growth-positive
Resident Raises $130 Million for Continued Growth of its Mattress and Home Goods Platform
Investment
Apr 9, 2019 · www.calcalistech.com
growth-positive
In Bed With Israeli Direct-to-Consumer Mattress Company Nectar
CustomersExpand
Details
Product Stage
Released
Employees
500+
Exact Count
559
District
Center District
Founded
2017
Registrar
515735637
Crunchbase
resident-49d0
Locations
Tel Aviv, Israel
San Francisco, CA, USA
Links
Website
LinkedIn
Twitter
Facebook
Careers
Admin
Last Update
Mar 31, 2025
Verified by
Jenny Sotnik-Talisman
Claimed
Yes
Missing
video or image, markets
Team (3)
Eric Hutchinson
Co-founder & Co-CEO
Founder
Ran Reske
Co-founder
Founder
Sharon Dagan
Co-founder (No longer with the company)
Founder
Internal
Created by
Maor Perlov (maorperlov@gmail.com)
Created
2020-03-23T00:00:00.000Z
Last editor
Jenny Sotnik-Talisman (jenny.sotnik@sncentral.org)
Status
Acquired by Ashley Home on Mar, 2024