![](https://corporateofficehq.com/wp-content/uploads/2020/06/Nectar-mattress-logo.jpg)
Craig Schmeizer, Eric Hutchinson, and Ran Reske believed that the market was ready for a new type of mattress, and founded Nectar in 2017 with no venture capital.
![](https://corporateofficehq.com/wp-content/uploads/2020/06/nectar-mattress-close-up.jpg)
In the first year, the company sold more than 50,000 mattresses, generating $35 million in revenue.
Schmeizer believes that most people only buy a mattress once their old one completely breaks down or it causes them pain because they believe mattresses are very expensive.
![](https://corporateofficehq.com/wp-content/uploads/2020/06/nectar-mattress-layers.jpg)
Using layers of memory foam, Nectar mattresses provide the support people need but at a very reasonable cost.
The company also sells pillows, bed frames, mattress protectors, and weighted blankets.
The company also offers the military a 15% discount on their products.
![](https://corporateofficehq.com/wp-content/uploads/2020/06/nectar-mattress-and-the-box.jpg)
Nectar Sleep maintains a corporate office in Palo Alto, California.
![](https://corporateofficehq.com/wp-content/uploads/2020/06/person-sleeping-on-nectar-mattress.jpg)
![](https://corporateofficehq.com/wp-content/uploads/2020/06/Nectar-mattress-logo.jpg)
Craig Schmeizer, Eric Hutchinson, and Ran Reske believed that the market was ready for a new type of mattress, and founded Nectar in 2017 with no venture capital.
In the first year, the company sold more than 50,000 mattresses, generating $35 million in revenue.
Schmeizer believes that most people only buy a mattress once their old one completely breaks down or it causes them pain because they believe mattresses are very expensive.
History
![](https://corporateofficehq.com/wp-content/uploads/2020/06/nectar-mattress-layers.jpg)
Using layers of memory foam, Nectar mattresses provide the support people need but at a very reasonable cost.
The company also sells pillows, bed frames, mattress protectors, and weighted blankets.
The company also offers the military a 15% discount on their products.
Nectar Sleep maintains a corporate office in Palo Alto, California.