Tech Company Financing Transactions

Resident Funding Round

Resident, operating out of San Francisco, scored $130 million in funding from ION Crossover Partners, Nexus Capital Management and Baron Capital.

Transaction Overview

Company Name
Announced On
1/8/2021
Transaction Type
Venture Equity
Amount
$130,000,000
Round
Series B
Investors

ION Crossover Partners (Lead Investor) (Jonathan Kolodny)

Nexus Capital Management (Lead Investor)

Baron Capital

Proceeds Purpose
The funds will be used by the company to execute Resident's growth plan, expand its brick-and-mortar retail footprint and strengthen its supply chain and infrastructure to deliver a better customer experience.

Company Information

Company Status
Private & Independent
Industry
ECommerce
Mailing Address
Undisclosed
San Francisco, CA 94103
USA
Email Address
Overview
Resident is a house of direct-to-consumer brands in the home goods space. The company owns and operates multiple brands catering to different consumer furnishing needs including Nectar and DreamCloud.
Profile
Resident LinkedIn Company Profile
Social Media
Resident Company Twitter Account
Company News
Resident News
Facebook
Resident on Facebook
YouTube
Resident on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Eric Hutchinson
  Eric Hutchinson LinkedIn Profile  Eric Hutchinson Twitter Account  Eric Hutchinson News  Eric Hutchinson on Facebook


 

 

Browse more venture capital transactions:

Prev: 1/8/2021: Aspen RxHealth venture capital transaction
Next: 1/8/2021: Quantum Metric venture capital transaction

 

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We do our best to report on tech company VC transactions. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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