Resident

Resident

Direct-sell premium mattresses and furnishings

Overview

Resident Home sells premium home furnishings with a focus on comfortable mattresses through a direct-sales model across more than 2,500 locations. Its products, like the Nectar mattress, are designed for better sleep and daily comfort, and the company partners with Google to apply technology to sleep improvement. It differentiates itself with award-winning comfort, a wide retail footprint, direct-to-consumer sales, and technology-driven design. Its goal is to help people sleep better and live more comfortably at home while growing into a leading premium home-furnishings brand informed by data and customer care.

About Resident

Simplify's Rating
Why Resident is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Design

Consumer Goods

Company Size

501-1,000

Company Stage

Acquired

Total Funding

$1.2B

Headquarters

San Francisco, California

Founded

2017

Simplify Jobs

Simplify's Take

What believers are saying

  • Ashley's $1B Q1 2024 acquisition forms $2B bedding powerhouse.
  • Combines Resident's e-commerce with Ashley's 2500+ retail locations.
  • Leverages Ashley's manufacturing for global supply chain expansion.

What critics are saying

  • Jeffersonville facility closure loses 100+ jobs, delays production.
  • Ashley's retail cannibalizes Resident's D2C margins in 12 months.
  • Brand dilution across Nectar, DreamCloud erodes premium pricing.

What makes Resident unique

  • Resident Home pioneered D2C mattress brands like award-winning Nectar.
  • Scaled revenue from $10M to $300M+ via multi-brand launches.
  • Partnered with Google to integrate technology for better sleep.

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Funding

Total Funding

$1.2B

Above

Industry Average

Funded Over

5 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Remote Work Options

Health Insurance

Vision Insurance

Dental Insurance

HSA company contributions

401K with company match component

“Take what you need” PTO

Wellness benefits

WFH office and cell phone/internet stipend

Company News

PR Newswire
May 7th, 2025
Neo4J Launches Industry'S First Graph Analytics Offering For Any Data Platform

Serverless offering with 65+ ready-to-use algorithms boosts model accuracy by up to 80% and delivers 2X deeper insights - no graph expertise neededSAN MATEO, Calif. , May 7, 2025 /PRNewswire/ -- Neo4j®, the world's leading graph database and analytics company, announced the launch of Neo4j Aura Graph Analytics, a new serverless offering that for the first time can be used seamlessly with any data source, and with Zero ETL (extract, load, transfer). The solution delivers the power of graph analytics to users of all skill levels, unlocking deeper intelligence and achieving 2X* greater insight precision and quality over traditional analytics. Neo4j Aura Graph Analytics is generally available now on a pay-as-you-use basis and works with all databases, such as Oracle and Microsoft SQL, all cloud data warehouses and data lake platforms, such as Databricks, Snowflake, Google BigQuery, Microsoft OneLake, and on any cloud.Graph analytics improves AI decision-making by uncovering hidden patterns and relationships in complex data, delivering more accurate insights with richer context than traditional analytics. Yet despite its powerful capabilities, graph analytics has remained out of reach for many organizations due to its complexity and learning curve – until now. The new Neo4j offering makes graph analytics capabilities accessible to everyone and eliminates adoption barriers by removing the need for custom queries, ETL pipelines, or any need for specialized graph expertise – so that business decision-makers, data scientists, and other users can focus on outcomes, not overhead."Data captured in any enterprise is sparse and replete with gaps, making it difficult to find and link useful data

Circle City Broadcasting
Jan 27th, 2025
Nectar mattress maker to close Indiana facility, over 100 to be laid off

INDIANAPOLIS (WISH) - California-based Resident Home Inc., an e-commerce provider of mattresses and other home goods, has announced plans to close its Jeffersonville Indiana facility.

Calcalist
Mar 13th, 2024
US furniture giant Ashly Home to pay $1 billion to acquire online mattress platform Resident

Online mattress seller Resident has been sold for a billion dollars to the American furniture giant Ashley Home.

Home Accents Today
Mar 7th, 2024
Ashley, Resident CEOs reveal strategy behind mega deal

TAMPA, Fla. - Ashley Home's acquisition of D2C mattress specialist Resident Home creates a combined $2 billion bedding business that will leverage the manufacturing and supply chain capabilities of one of largest furniture and mattress manufacturing operations in world.

The Business Journals
Mar 6th, 2024
Ashley Furniture strikes deal with e-commerce mattress retailer

Tampa furniture giant Ashley Home is expanding in the lucrative direct-to-consumer online mattress retail market through the acquisition of Resident Home Inc.

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