# Resident Home

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/resident-home

- Industry: Consumer Products
- Headquarters: San Francisco, US
- Website: www.residenthome.com
- Total disclosed funding: $130M
- Latest round: Series B (Jan 8, 2021)
- Investors on record: 3

## About

Founded in 2017 and based in California, US, Resident Home, LLC offers a direct-to-consumer platform for the home furnishing industry. In March 2024, Ashley Home, Inc. acquireD Resident Home, LLC from Liquidy Capital, Baron Capital Management, Nexus Capital Management, 645 Ventures, etc., for USD 1 billion, consists of USD 680 million in cash and USD 300 million in seller note. The firm as of July 2024, is led by its co-founders and c-CEOs, Eric Hutchinson and Ran Reske. 

Resident offers direct-to-consumer (D2C) home comfort solutions such as mattresses and bedding products under the brands DreamCloud, Siena, Awara, Nectar, and Cloverlane. The firm has a manufacturing facility in Jeffersonville, Indiana.

The March 2024 acquisition will support Resident Home, LLC to enhance its sourcing and efficiencies to foster additional growth in both its direct-to-consumer and wholesale businesses.

## Funding rounds

- Series B, Jan 8, 2021, $130M — ION Asset Management, Nexus Capital Management, Baron Capital Management

## Investors

- ION Asset Management — Series B
- Nexus Capital Management (https://capitalatlas.ai/funds/nexus-capital-management) — Series B
- Baron Capital Management — Series B