• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
NewslettersBroadsheet

Exclusive: Hill House raises $20 million to build on Nap Dress success and expand fashion portfolio

By
Emma Hinchliffe
Emma Hinchliffe
and
Paige McGlauflin
Paige McGlauflin
Down Arrow Button Icon
By
Emma Hinchliffe
Emma Hinchliffe
and
Paige McGlauflin
Paige McGlauflin
Down Arrow Button Icon
September 20, 2022, 7:50 AM ET
Hill House founder Nell Diamond.
Hill House founder Nell Diamond.Courtesy of Hill House

Good morning, Broadsheet readers! A Baltimore judge overturns Adnan Syed’s conviction of his ex-girlfriend’s murder, the Las Vegas Aces win their first WNBA championship, and Nap Dress creator Hill House charts its expansion into fashion with fresh fundraising.

– The Nap Dress awakens. In certain corners of the internet, the pandemic has become synonymous with one clothing item (no, not sweatpants): the Nap Dress. 

The $150 dress designed by the brand Hill House took off in 2020 as a comfortable yet stylish wear-all-day outfit. One of the brand’s “drops” of the dress earned more revenue in a day than Hill House took in all of 2019, garnering “$3 million in sales in 12 minutes,” the brand says. Now sold in more than a dozen colors and patterns, the dress’s launch marked Hill House’s pivot from home goods to fashion. The brand was originally launched as Hill House Home in 2016, offering bedding and other home products. 

Nell Diamond, the 34-year-old founder, is leaning into this focus on fashion and recently raised a $20 million funding round to support the company’s growth, Fortune is the first to report. Beliade, an investor in brands like Van Leeuwen ice cream,Heyday Skincare, the boxing chain Rumble Fitness, and the influencer-led fashion brand Something Navy led the round. 

Diamond and I spoke via Zoom earlier this month, where she wore a new Hill House style called the Louisa, made in response to customer requests for more bra-friendly options. 

“With the Nap Dress, it was evident right away that this was something special,” Diamond said. About 88% of the brand’s sales are now in its fashion categories, which include a recently launched shoe and swimwear collection. It’s seen 300% growth each year for the past three years, according to Diamond. 

But the brand’s growth has been slow and steady, preferring to build organically through word-of-mouth testimonies, rather than paid advertising. “We used to call it the group-chat effect,” Diamond said. “We would see a burst of customers on the site and be like, ‘Oh, there’s a group chat.’” 

The company has grown internally, too. In 2020, it had only five employees. It now has 30. 

While Hill House has developed into a more mature brand with plenty of digital advertising, Diamond still tries to design products that inspire the same kind of fervor as the Nap Dress. With her new funding, she plans to pursue a greater store presence (the brand’s only permanent outpost is in Nantucket, Mass.) and expand internationally (she’s eyeing London). 

Though Hill House is adding to its fashion portfolio, the brand hasn’t forgotten its roots. “Fashion is top of the funnel for us,” she says. “But whenever you’re ready for new bedding or towels, we’ve got you.”

Emma Hinchliffe
emma.hinchliffe@fortune.com
@_emmahinchliffe

The Broadsheet is Fortune’s newsletter for and about the world’s most powerful women. Today’s edition was curated by Paige McGlauflin. Subscribe here.

ALSO IN THE HEADLINES

- Overturned conviction. A Baltimore judge overturned Adnan Syed’s murder conviction on Monday, though prosecutors have yet to decide if he will face a retrial. Syed was found guilty of the 1999 murder of his ex-girlfriend Hae Min Lee and sentenced to life in prison at age 17. The case garnered widespread attention and scrutiny when it was chronicled in season one of the podcast Serial in 2014. Fortune

- First-time champ. The Las Vegas Aces won their first WNBA championship on Sunday, defeating the Connecticut Sun 78 to 71. Aces head coach Becky Hammon, previously an assistant coach for the San Antonio Spurs, became the first in WNBA history to win a championship title in a debut season as head coach. ESPN

- Join the party. With Facebook no longer deemed cool and text messages proving too difficult for coordinating events, Gen Z is turning to Partiful, a new platform for sending online invitations. CEO Shreya Murthy says the free-to-use platform has raised over $7.4 million and its user base is now in the hundreds of thousands. New York Times

- Frontrunner hesitations. It’s becoming increasingly likely that Giorgia Meloni, leader of Italy’s far-right Brothers of Italy party, will become the country’s first female prime minister ahead of its general election on Sunday. But Italian women have been hesitant to support Meloni’s platform, worrying that she may help erode women’s rights, including abortion access, if elected. Associated Press

MOVERS AND SHAKERS: Pfizer has hired Maria Rivas as the global chief medical affairs officer and head of evidence generation. Edison Partners has named general partner Kelly Ford its first chief operating officer.

IN CASE YOU MISSED IT

- Representing the accused. At the center of the defense trials for Bill Cosby, R. Kelly, and the convicted Nxivm sex cult founder is one lawyer: Jennifer Bonjean. A trained opera singer and former women’s rape crisis center worker, who originally went into law to become a prosecutor, Bonjean uses aggressive tactics to defend men accused of sexual misconduct and sow jury skepticism of the women who testify about their sexual abuse in court. New York Times

- Irish lessons. Ireland can serve as an example for Americans trying to garner bipartisan support for abortion rights in the post-Roe era. In 2018, the predominantly Catholic country repealed its eighth amendment, a near-total abortion ban, after proabortion activists focused their campaigns on the death of Savita Halappanavar, a 31-year-old dentist who was not permitted to terminate an inviable pregnancy in 2013 because it was not deemed enough of a health risk. Slate

- High commodity. The line, erm, queue, to see Queen Elizabeth II's coffin before her funeral on Monday was long and came with a high price tag. Bidding wars for wristbands that allowed mourners to see the late monarch broke out on eBay, despite the e-commerce site's vow to crack down on these listings. Some wristbands sold for as much as $51,323. Fortune

ON MY RADAR

How Drew Barrymore became a bizarro fixture of daytime TV New Yorker

The Woman King softens the truth of the slave trade Slate

Who cares what I wear at school drop-off? Me New York Times

The beauty industry disrupter from Dallas Bustle

PARTING WORDS

“This year has not been the best year for me, but I've learned a lot about myself. Life is ups and downs, and this year was more down than up, but overall I'm pretty happy with where I am now.”

—Tennis player Naomi Osaka on not winning a title since last year's Australian Open.

This is the web version of The Broadsheet, a daily newsletter for and about the world’s most powerful women. Sign up to get it delivered free to your inbox.
About the Authors
Emma Hinchliffe
By Emma HinchliffeMost Powerful Women Editor
LinkedIn iconTwitter icon

Emma Hinchliffe is Fortune’s Most Powerful Women editor, overseeing editorial for the longstanding franchise. As a senior writer at Fortune, Emma has covered women in business and gender-lens news across business, politics, and culture. She is the lead author of the Most Powerful Women Daily newsletter (formerly the Broadsheet), Fortune’s daily missive for and about the women leading the business world.

See full bioRight Arrow Button Icon
By Paige McGlauflin
LinkedIn icon
See full bioRight Arrow Button Icon

Latest in Newsletters

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Newsletters

New execs to know across Bath & Body Works, the Ms. Foundation, and Atlanta’s new NWSL team
NewslettersMPW Daily
New execs to know across Bath & Body Works, the Ms. Foundation, and Atlanta’s new NWSL team
By Emma HinchliffeMay 6, 2026
15 hours ago
How Wyndham scales AI to improve hospitality at 8,400 hotels
NewslettersCIO Intelligence
How Wyndham scales AI to improve hospitality at 8,400 hotels
By John KellMay 6, 2026
15 hours ago
How Amex CEO Stephen Squeri is winning over younger customers
NewslettersCFO Daily
How Amex CEO Stephen Squeri is winning over younger customers
By Sheryl EstradaMay 6, 2026
21 hours ago
District, founded by three Snapchat alumni, raises a $14.7 million seed round to help independent sellers build community-driven marketplaces
NewslettersTerm Sheet
District, founded by three Snapchat alumni, raises a $14.7 million seed round to help independent sellers build community-driven marketplaces
By Allie GarfinkleMay 6, 2026
21 hours ago
Qualcomm CEO Cristiano Amon thinks your relationship to your devices is about to change
NewslettersCEO Daily
Qualcomm CEO Cristiano Amon thinks your relationship to your devices is about to change
By Alyson ShontellMay 6, 2026
23 hours ago
Coinbase co-founder and CEO Brian Armstrong in Davos, Switzerland, on Jan. 20, 2026. (Photo: Chris Ratcliffe/Bloomberg/Getty Images)
NewslettersFortune Tech
The rise of the Silicon Valley player-coach
By Andrew NuscaMay 6, 2026
23 hours ago

Most Popular

A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
Magazine
A Michigan farm town voted down plans for a giant OpenAI-Oracle data center. Weeks later, construction began
By Sharon GoldmanMay 6, 2026
1 day ago
Tokyo is throwing out its strict office dress code and asking workers to wear shorts amid the war in Iran energy crisis
Success
Tokyo is throwing out its strict office dress code and asking workers to wear shorts amid the war in Iran energy crisis
By Emma BurleighMay 5, 2026
2 days ago
Economists have found an answer to slowing cognitive decline: avoid retiring early, study finds
Economy
Economists have found an answer to slowing cognitive decline: avoid retiring early, study finds
By Sasha RogelbergMay 5, 2026
2 days ago
Mark Zuckerberg once gave a Facebook engineer startup advice at 2 a.m. while 'hanging out with all the interns'—she quit and raised millions after
Success
Mark Zuckerberg once gave a Facebook engineer startup advice at 2 a.m. while 'hanging out with all the interns'—she quit and raised millions after
By Orianna Rosa RoyleMay 6, 2026
15 hours ago
Dario Amodei spent last year warning of an AI white-collar bloodbath. Now he's changing the narrative
Economy
Dario Amodei spent last year warning of an AI white-collar bloodbath. Now he's changing the narrative
By Nick LichtenbergMay 5, 2026
2 days ago
AI could solve America's $39 trillion debt crisis—but only if Washington abandons displaced workers, Yale Budget Lab warns
Economy
AI could solve America's $39 trillion debt crisis—but only if Washington abandons displaced workers, Yale Budget Lab warns
By Jake AngeloMay 6, 2026
15 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.