Resident
Mattress and home furnishings retailer
- 501-1000 employees
- B2C
- Retail
- Marketplace
- Furniture
- Home improvement
- eCommerce
- Sales
- Walnut, CA
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Company mission
To create and sell inspiring home improvement products, giving consumers better access to great new items that fill them with joy.
11% employee growth in 12 months
Our take
When somebody purchases a new home, they will have to browse across a vast range of retailers to prepare their house for comfortable living. This will often start with essentials such as bedding, but upon purchase, the customer will move on to focus on furnishing a different area of their property.
Resident provides a marketplace for the purchase of digitally native mattress brands in addition to other home products. For example, upon purchasing a mattress from the company, data is collected from the transaction and applied to recommend additional home products with a focus on premium quality and value.
The company has taken a unique approach to home product sales by focusing its brand on a specific product, which it can then use to gain insights into a customer and thus recommend other products. Its acquisition by Ashley Home provides Resident with ample opportunity to grow upon this idea, fostering expansion in its direct-to-consumer and wholesale businesses.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Wellness benefits
- A FREE MATTRESS plus an awesome Friends and Family discount!
- WFH office and cell phone/internet stipend
- Health, Vision & Dental Insurance
- 401K with company match component
- Annual bonus potential
- HSA company contributions
- “Take what you need” PTO
- Remote-first workplace
Company values
- Excellence
- Big Thinking
- Inclusivity
- Customer Love
- Forward Momentum
Funding (last 2 of 4 rounds)
Jan 2021
$130m
SERIES B
Jan 2020
$12.5m
EARLY VC
Total funding: $169.2m
This company has top investors
Leadership
Eric Hutchinson
(Co-Founder)Having started their career as an Analyst at netLibrary and Providian Financial, they worked for a year at Washington Mutual Card Services and PayPal. They've also co-founded Home Value Protection, Madison Reed and DreamCloud.
Ran Reske
(Co-Founder)They worked as an EY Consultant for 2 years prior to 3 years as a Citigroup Analyst. They spent 6 years at Norwest Venture Partners before leaving in October 2015 to co-found Resident.
Craig Schmeizer
(Co-Founder)Co-Founder, Co-CEO and Co-Chairman of Finovance. Was a Payments Consulting Director for 3 years and had VP roles at HSBC, New York Life Insurance, Providian Financial, and JPMorgan Chase.