About Resident
Resident is a company based in San Francisco (United States) founded in 2008 by Ran Reske, Craig Schmeizer, and Eric Hutchinson was acquired by Ashley Furniture in March 2024. Resident has raised $142.5 million across 2 funding rounds from investors including Ion AM, Nexus Capital Management LP and Baron Capital. Resident offers products and services including Mattresses, Bed Frames, and Bedding Products. Resident operates in a competitive market with competitors including Eight Sleep, Casper, Leesa, Arhaus and Serta Simmons, among others.
- Headquarter San Francisco, United States
- Founders Ran Reske, Craig Schmeizer, Eric Hutchinson
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Sectors
Consumer
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Email
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Phone
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Website
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Social
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- Legal Name Resident Home Inc
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$142.5 M (USD)
in 2 rounds
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Latest Funding Round
$130 M (USD), Series B
Jan 07, 2021
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Investors
Ion AM
& 4 more
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Employee Count
Not available
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Acquired by
Ashley Furniture
(Mar 13, 2024)
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Products & Services of Resident
Resident offers a comprehensive portfolio of products and services, including Mattresses, Bed Frames, and Bedding Products.
High-quality mattresses designed for enhanced sleep comfort
Sturdy frames supporting mattresses for home use
Various bedding items promoting overall sleep quality
People of Resident
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Leadership Team
13 people
Sales and Marketing
12 people
Senior Team
8 people
Finance and Accounting
7 people
Human Resources and Administration
6 people
Software Development Team
6 people
Creative and Marketing Team
5 people
Data Analysis and Operations Team
5 people
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Funding Insights of Resident
Resident has successfully raised a total of $142.5M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $130 million completed in January 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Resident
Resident has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Ion AM, Nexus Capital Management LP and Baron Capital.
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Investment firm offering flexible capital and opportunistic approaches across various financial instruments.
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Asset management services for growth equity investments through mutual funds and strategies.
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Long/short strategies are employed by ION hedge fund.
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Investor details for Resident
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Investments & Acquisitions by Resident
Investment portfolio details for Resident
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- Transaction dates
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Financial Statements - Resident
Detailed financials for Resident
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- Historical revenue
- Profit trends
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Resident Comparisons
Peer comparison for Resident
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- Headcount comparison
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Competitors of Resident
Resident operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Eight Sleep, Casper, Leesa, Arhaus and Serta Simmons, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-enabled smart mattress covers and thermoregulated bedding are provided.
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Mattresses and bedding are provided by an internet-first brand.
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Luxury mattresses are sold online and delivered directly to customers.
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Home improvement products including furniture and decor are manufactured.
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Manufacturer of mattresses and bedding products
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Mattresses and bedding are offered online by an internet-first brand.
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Detailed competitors of Resident
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Latest news on Resident
Complete news archive for Resident
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Frequently Asked Questions about Resident
Resident was founded in 2008 and raised its 1st funding round 12 years after it was founded.
Resident is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Resident is a funded company, having raised a total of $142.5M across 2 funding rounds to date.
Resident was founded in 2008 in San Francisco, United States, as a brand focused on the mattress sector within the home furnishings industry. Operations involve the development and production of various mattress models, with distribution handled through online and retail channels. Co-founders Ran Reske, Craig Schmeizer, and Eric Hutchinson oversee key aspects of design and business strategy. The company serves the North American market primarily, emphasizing functional bedding solutions.
Resident's top competitors include Eight Sleep, Casper and Arhaus.
Resident offers Mattresses, Bed Frames, and Bedding Products.
Resident has 5 investors. Key investors include Ion AM, Nexus Capital Management LP, Baron Capital, Liquidity, and Ashley Furniture.