Resident

Resident

House of direct-to-consumer brands in the home goods space. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€636m (Public information from Jan 2021)
San Francisco California (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2023
Revenues900m
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DateInvestorsAmountRound
-

N/A

-
N/A

$10.5m

Series A
N/A

$16.2m

Convertible
*

$12.5m

Early VC

$130m

Valuation: $700m

Series B
*

$1.0b

Acquisition
Total Funding€154m

Recent News about Resident

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More about Resident
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Resident Home is a startup operating in the home furnishing market, specifically focusing on the comfort of living spaces. The company operates in over 2500 locations and has a business model centered around creating and selling high-quality, comfortable home furnishings, with a particular emphasis on mattresses. Their products are designed to not only look good but also provide a high level of comfort, enhancing the overall living experience of their customers.

Resident Home's primary clientele includes individuals and families seeking to improve their home comfort. The company has positioned itself as a premium brand, offering award-winning products such as the Nectar mattress. They have also partnered with tech giant Google to inspire better sleep among their customers, indicating a commitment to leveraging technology to improve their product offerings.

The company generates revenue through the direct sale of its products. In 2020, Resident Home experienced a significant increase in sales and profitability, securing $130 million in new funding. This indicates a strong market demand for their products and a robust financial performance.

In terms of culture, Resident Home encourages a diverse workforce, welcoming individuals with a passion for data, design, or helping people find comfort at home. This suggests a company culture that values innovation, creativity, and customer-centricity.

Keywords: Home Furnishing, Comfort, Living Spaces, Mattresses, Premium Brand, Direct Sales, Technology Integration, Financial Performance, Company Culture, Customer-Centric.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.