Liquidity Capital doubles down on e-commerce with Resident investment

Liquidity Capital has invested $12.5 million in Resident, a North American e-retailer that operates the furnishing brands, Nectar, DreamCloud, Level, Awara, Wovenly, Bundle and 1771 Living.

“Seeing as Resident is the fastest growing e-commerce retailer in North America, this investment strengthens our investment portfolio greatly,” comments Ron Daniel, Co-Founder and CEO, Liquidity Capital, which is backed by Mitsubishi UFJ Fund Services and is part of Meitav Dash, an Israeli institutional investment house.

“We are happy to be doubling down on e-commerce, pairing Resident with our investment in Le Tote, a leader in e-commerce fashion retail. We’re excited to watch the continued hyper-growth of Resident and give then any support needed along the way.”

“We have been extremely impressed with the Liquidity Capital team from our very first meeting with them. Ron Daniel clearly understands all the ups and downs an entrepreneur goes through, as he has already experienced this journey himself,” says Resident’s Co-CEO, Ran Reske.

“The fact that they have been entrepreneurs was very important to us in choosing a capital partner. In addition, the new approach of non-dilutive capital for a fast-growing business like ours is the perfect solution and made this transaction a no-brainer for us. We look forward to working with Liquidity Capital as we continue to scale our business."