We’re proud to announce great news from our amazing client – Resident Home has closed $ 130 million in its second round of funding!
Founded by Craig Schmeiser, Ran Raska, and Eric Hutchinson in 2016, Resident is a leading American e-commerce company that unites several direct-to-consumer home goods brands. The company specializes in the online trading of home goods and mattresses in the United States, which has an annual income of about $ 16.5 billion.
Named as the US fastest-growing online retailer in 2018, currently, Resident’s revenues are estimated at more than half a billion dollars, which makes it above all Israeli e-commerce companies. Apart from that, in 2020, the company beat a sales record due to the jump of its online purchases.
At Titanium Technologies, we are proud that our developers from Israel, Moldova, and Ukraine, take an active part in the company’s all brands’ development and support as well as the management of the dev teams.
We also believe that this investment is another confirmation of the company’s amazing high-level services and how strong and flexible its management and sales strategies are, even in terms of the COVID-19 pandemic.