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2026 Who Brands. All information is provided for educational purposes. Brand names and logos are trademarks of their respective owners.

  1. Home
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  3. Furniture & Appliances
  4. Nectar Sleep
Nectar Sleep logo
Furniture & Appliances

Who Owns Nectar Sleep?

Nectar Sleep is owned by Resident Home LLC, which was acquired by Ashley Home, an affiliate of Ashley Global Retail, in March 2024 for approximately $1 billion. Ashley is one of the largest furniture retailers in the world, operating over 1,125 stores across 67 countries. Nectar is not publicly traded. The brand operates as part of Resident Home's portfolio alongside DreamCloud, Awara, and Siena. Nectar mattresses are manufactured in multiple countries including China, Vietnam, Mexico, and the United States.

Parent Company

Resident Home LLC

Acquired

2024

Status

Private

Headquarters

New York, New York, United States

Nectar Sleep Timeline

2016

Nectar Sleep

Founded by Craig Schmeizer, Eric Hutchinson

Founded
2024
Acquired by Resident Home LLC

Resident Home LLC acquired Nectar Sleep

Acquired
budgetmass marketUnited Statescertipur us certifiedOfficial Website

Who Owns Nectar Sleep?

  • Parent Company: Resident Home LLC
  • Ownership Type: Brand division
  • Acquisition Year: 2024
  • Company Type: Privately Held
BrandParent CompanyOwnership Type
Nectar SleepResident Home LLCBrand division

History of Nectar Sleep

  • Founded: 2016
  • Founders: Craig Schmeizer, Eric Hutchinson
  • Acquired by Resident Home LLC: 2024

Nectar Sleep was founded in 2016, with the brand launching publicly in 2017. The company was originally operated under DreamCloud Holdings before being consolidated under Resident Home in 2019. Nectar's founding team, including Craig Schmeizer and Eric Hutchinson, set out to compete in the growing bed-in-a-box market with a value-oriented proposition.

Nectar's original mattress was an all-foam memory foam mattress priced below competitors like Casper and Purple. The brand distinguished itself with a 365-night trial, significantly longer than the 100-night trials offered by most competitors, and a lifetime warranty called the Forever warranty. These terms were designed to reduce purchase friction and build consumer trust.

The brand grew rapidly through aggressive digital advertising. Nectar became one of the most visible mattress brands in online search results, spending heavily on Google and Facebook ads. By 2019, Nectar had become one of the fastest-growing consumer brands in the United States, reportedly generating over $300 million in annual revenue. The UK operation followed the same playbook, and Nectar became one of the most visible mattress names in British search results.

In 2019, Nectar was consolidated under Resident Home, a new parent company formed to manage multiple DTC mattress brands. Resident Home also operated DreamCloud, a hybrid mattress brand, and later added Awara, an organic latex mattress brand, and Siena, a budget brand. Each brand targeted a different price point, but all shared the same corporate infrastructure.

Nectar expanded its product line beyond the original memory foam mattress. The brand added the Nectar Premier and Nectar Premier Copper, which feature additional comfort layers, enhanced cooling technology using phase-change materials and copper-infused foam, and increased mattress height. The company also added hybrid models, bed frames, pillows, and bedding accessories.

In March 2024, Ashley Home acquired Resident Home for approximately $1 billion. The acquisition gave Ashley, primarily a furniture retailer, direct ownership of established DTC mattress brands. Following the acquisition, Nectar mattresses became available through Ashley's retail stores in addition to the brand's website. Ashley shut down a Resident Home plant in Indiana in January 2025, laying off 106 workers, as part of post-acquisition restructuring.

In 2026, Nectar faced a class-action lawsuit settlement related to fiberglass in its mattresses. A federal court preliminarily approved a $9 million settlement covering Ashley, Nectar, DreamCloud, and Siena mattresses sold between October 2017 and June 2024. The settlement addresses claims that fiberglass fire barriers in certain models caused property damage and health issues.

About Resident Home LLC

What is Resident Home?
Resident Home LLC is a direct-to-consumer sleep products company that operates a portfolio of mattress brands including Nectar, DreamCloud, Awara, and Siena. The company was founded in 2019 and is headquartered in New York, New York. In March 2024, Ashley Home acquired Resident Home for approximately $1 billion.

Who owns Resident Home?
Resident Home is owned by Ashley Home, an affiliate of Ashley Global Retail. Ashley acquired Resident Home in March 2024 for approximately $1 billion. Ashley is one of the largest furniture retailers in the world, operating over 1,125 stores across 67 countries. Before the Ashley acquisition, Resident Home was majority-owned by Sixth Street Partners.

What brands does Resident Home own?
Resident Home operates four mattress brands: Nectar (value memory foam), DreamCloud (hybrid), Awara (organic latex), and Siena (budget). Each brand targets a different price point and consumer segment but shares the same corporate infrastructure, including customer service and logistics.

Is Resident Home publicly traded?
No, Resident Home is not publicly traded. The company is a subsidiary of Ashley Home, an affiliate of Ashley Global Retail, which is privately held. Neither Resident Home nor Ashley Global Retail discloses financial results publicly.

What is the FTC case against Resident Home?
The FTC charged Resident Home and its founder, Ran Reske, with falsely advertising that mattresses made in China were "Made in USA." In January 2022, the company paid $753,000 to settle the charges. The FTC designated Resident Home a repeat offender, noting similar false claims made between 2018 and 2023. Consumer refunds were issued in March 2023.

What is the fiberglass lawsuit about?
A federal court preliminarily approved a $9 million class-action settlement in 2026 covering Nectar, DreamCloud, Ashley, and Siena mattresses sold between October 2017 and June 2024. The lawsuit alleged that fiberglass fire barriers in certain models caused property contamination and health issues. The claim deadline is July 17, 2026.

How much did Ashley pay for Resident Home?
Ashley Home acquired Resident Home in March 2024 for approximately $1 billion. The acquisition was described at the time as the most successful direct-to-consumer mattress exit in history. The founders of Resident Home stayed on as co-CEOs following the acquisition.

Where are Resident Home mattresses manufactured?
Resident Home's mattresses are manufactured in multiple countries, including China, Vietnam, Malaysia, Mexico, and the United States. The company's use of overseas manufacturing has been a source of regulatory controversy, particularly the FTC's enforcement action over false "Made in USA" claims.

  • Founded: 2019
  • Headquarters: New York, New York, United States
  • Company Type: Privately Held

Visit Resident Home LLC website

View full company profile for Resident Home LLC

Where Is Nectar Sleep Made / Based?

  • Headquarters: New York, New York, United States
  • Manufacturing / Operations: China, Vietnam, Malaysia, Mexico, United States

Nectar Sleep Categories & Tags

MattressesBed In A BoxMemory FoamDtc MattressValue MattressSleep Products

Nectar Sleep Sustainability & Ethics

Nectar's US models use CertiPUR-US certified foams. This certification verifies that foams are made without ozone depleters, certain flame retardants, formaldehyde, and heavy metals, and meet low VOC emission standards. The UK version of the Nectar mattress does not carry CertiPUR-US certification, according to independent reviewers, and the UK product specification differs from the US version.

Nectar does not hold certifications like GOTS organic, GOLS latex, or OEKO-TEX that some competitors offer. The brand's sustainability initiatives are limited compared to brands like Saatva or Avocado that emphasize natural and organic materials.

The most significant ethical issue facing Nectar is its parent company's history of false "Made in USA" advertising. The FTC charged Resident Home and its owner, Ran Reske, with falsely claiming that mattresses made in China were manufactured in the United States. The company paid $753,000 to settle these charges and was designated a repeat offender. The FTC issued consumer refunds in March 2023 related to these settlements.

Nectar mattresses sold between October 2017 and June 2024 are covered by a $9 million class-action settlement related to fiberglass fire barriers. The settlement, preliminarily approved in 2026, addresses claims that fiberglass in certain Nectar, DreamCloud, Ashley, and Siena mattresses caused property damage and health issues. The settlement provides vouchers to affected consumers.

Awards & Recognition

Nectar mattresses have been recognized by several mattress review organizations. The Nectar Classic is cited as a top pick in 2026 rankings by multiple review sites, though some of these sites are owned by Pillar4 Media, which has financial relationships with Nectar's parent company. Independent testing organizations like Sleep Foundation have reviewed Nectar mattresses positively for value and pressure relief.

Nectar's 365-night trial and lifetime warranty are among the longest in the industry and are frequently cited as standout features in product reviews. However, consumer reviews on independent platforms like Trustpilot and the Better Business Bureau are mixed, with common complaints about refund delays, warranty claim difficulties, and delivery issues.

Nectar Sleep Recalls & Controversies

Nectar Sleep and its parent company have faced significant regulatory and legal controversies. The most notable is the FTC's enforcement action over false "Made in USA" advertising. The FTC charged Nectar Brand LLC and Resident Home with falsely advertising that mattresses made in China were manufactured in the United States. In January 2022, the defendants paid $753,000 to settle the charges. The FTC designated Resident Home a repeat offender, noting similar false claims made between 2018 and 2023. Consumer refunds were issued in March 2023.

In 2026, a federal court preliminarily approved a $9 million class-action settlement covering Nectar, DreamCloud, Ashley, and Siena mattresses sold between October 2017 and June 2024. The lawsuit alleged that fiberglass fire barriers in certain mattress models caused property contamination and health issues. The settlement provides vouchers to affected consumers, with a claim deadline of July 17, 2026, and a final approval hearing scheduled for September 24, 2026.

Nectar has also faced a class-action lawsuit in California over allegedly misleading "limited-time" sale pricing. The brand runs frequent promotional discounts, and the lawsuit alleged that these "sales" were not genuinely time-limited, misleading consumers about the urgency of purchase.

Consumer complaints about Nectar's warranty and return processes are common. The brand's lifetime warranty requires that mattresses exhibit at least 1.5 inches of sagging to qualify for replacement, and stains can void the warranty. Refund delays of weeks to months have been reported by consumers on Trustpilot, the Better Business Bureau, and ConsumerAffairs.

No major Consumer Product Safety Commission recalls have been issued specifically for Nectar mattresses as of August 2026, though the fiberglass class-action settlement addresses safety concerns related to fire barrier materials.

Nectar Sleep Ownership: Pros & Cons

Advantages

  • +Backed by Ashley Global Retail, one of the largest furniture retailers in the world with over 1,125 stores
  • +365-night trial is among the longest in the mattress industry
  • +Lifetime (Forever) warranty provides long-term protection
  • +Competitive pricing makes Nectar one of the most affordable DTC mattress options
  • +Available through both online and Ashley retail store channels

Considerations

  • -Parent company Resident Home is an FTC-designated repeat offender for false "Made in USA" claims
  • -$9 million class-action settlement over fiberglass in mattresses (2026)
  • -Mixed consumer reviews on Trustpilot and BBB, with complaints about refunds and warranty claims
  • -Manufacturing in multiple countries including China and Vietnam may concern some consumers
  • -Review sites comparing Nectar against sister brand DreamCloud are owned by the same parent company

Frequently Asked Questions About Nectar Sleep

Sources & Further Reading

  • Nectar Sleep Official Website:
  • Resident Home Official Website:
  • Retail Dive: Ashley Home acquires Nectar mattress owner Resident Home:
  • FTC: Nectar Brand LLC settlement:
  • ecommercedb: nectarsleep.com revenue analytics:
  • John Ryan By Design: Nectar mattress review 2026:
  • Mattress Class Action Settlement:
  • Sleep Foundation: Best Mattresses:
  • AtopLegal: Nectar Sleep Review 2026:

Where to Buy

Disclosure: We may earn commission from purchases
AmazonNectar Sleep on Amazon

Competitors to Nectar Sleep

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
CasperCasper
Casper Sleep
United States
2014
PremiumUnited statesAll Genders
Tuft & NeedleTuft & Needle
Serta Simmons Bedding
United States
2012
Mass marketUnited statesAll Genders

Learn More About Competitors

CasperFurniture Appliances

Casper

Owned by Casper Sleep Inc.

Pioneer of the bed-in-a-box mattress model, now owned by foam manufacturer Carpenter Co.

mattressesbed-in-a-boxmemory-foam
Tuft & NeedleFurniture Appliances

Tuft & Needle

Owned by Serta Simmons Bedding LLC

DTC mattress brand known for affordable foam mattresses, owned by Serta Simmons Bedding.

mattressesbed-in-a-boxfoam-mattress

Competitive Analysis

Market Positioning: Nectar Sleep competes with 2 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Nectar Sleep

Looking for brands with different ownership structures? These similar brands are not owned by Resident Home LLC, giving you alternative choices that support different corporate structures.

Helix SleepFurniture Appliances

Helix Sleep

Owned by Helix Sleep Inc.

Direct-to-consumer mattress brand offering personalized sleep recommendations and hybrid mattresses made in the USA.

mattressesdtcpersonalized-sleep
Privately Owned

Helix Sleep operates independently without a large parent corporation.

Tuft & NeedleFurniture Appliances

Tuft & Needle

Owned by Serta Simmons Bedding LLC

DTC mattress brand known for affordable foam mattresses, owned by Serta Simmons Bedding.

mattressesbed-in-a-boxfoam-mattress
Privately Owned

Tuft & Needle is owned by Serta Simmons Bedding LLC, offering a different ownership alternative.

HotpointFurniture Appliances

Hotpoint

Owned by Arçelik

British home appliance brand specializing in kitchen and laundry appliances, owned by Beko Europe in Europe and GE Appliances in the Americas.

home-applianceskitchen-applianceswashing-machines
Publicly Traded

Hotpoint is owned by Arçelik, a public company, a different structure than Nectar Sleep's parent.

Mr. CoffeeFurniture Appliances

Mr. Coffee

Owned by Newell Brands Inc.

American brand of coffee makers and brewing equipment manufactured and marketed by Newell Brands, known for affordable home coffee brewing.

coffee-makersbrewingkitchen
Publicly Traded

Mr. Coffee is owned by Newell Brands Inc., a public company, a different structure than Nectar Sleep's parent.

SaatvaFurniture Appliances

Saatva

Owned by Saatva Inc.

American direct-to-consumer luxury mattress brand known for handcrafted innerspring and hybrid mattresses with white-glove delivery.

mattressesdtcluxury-bedding
Privately Owned

Saatva operates independently without a large parent corporation.

AllswellFurniture Appliances

Allswell

Owned by Walmart Inc.

Walmart's direct-to-consumer mattress and bedding brand offering mid-range sleep products at accessible price points, sold online and through select Walmart channels.

mattressbeddingsleep
Publicly Traded

Allswell is owned by Walmart Inc., a public company, a different structure than Nectar Sleep's parent.

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Last reviewed: August 25, 2026 · Reviewed by Who Brands Editorial Team