Innocor

What Innocor does

Innocor is a designer and manufacturer of advanced foam products serving commercial and retail channels across North America. Founded in 1996 and headquartered in Red Bank, New Jersey, the company operated as a private for-profit entity with a workforce in the 1,001–5,000 range prior to its 2022 merger with FXI, after which it continues as part of the combined FXI organization headquartered in Radnor, Pennsylvania.

The combined FXI/Innocor platform is built on vertical integration spanning foam formulation, product design, and manufacturing. The entity holds over 400 patents and produces specialty polyurethane foam for four end markets: bedding (mattresses, toppers, sleep products), furniture, transportation (land, air, sea), and healthcare. Its consumer-facing portfolio includes owned brands Molecule, Novaform, SI, Nue, and Yourigami, which together cover the full pricing spectrum from premium mattresses to children's foam furniture. The Novaform ComfortGrande mattress has received third-party recognition from The New York Times.

Commercially, FXI/Innocor operates a hybrid B2B/B2C model: it supplies OEM components and finished products to major hotel chains, automotive/aerospace/marine manufacturers, and healthcare sector customers, while also selling branded consumer products through retail channels. Revenue is generated through product sales across these channels; pricing is not publicly disclosed. Following the merger, the entity is privately held with no public listing.

Name

Innocor

Legal name

Innocor

Website

http://www.innocorinc.com/

Company type

Private

Founded year

1996

Operating status

Acquired

Headcount range

1,001–5,000 employees

Short description

Innocor designs and manufactures advanced polyurethane foam products for bedding, furniture, transportation, and healthcare. Following its 2022 merger with FXI, it operates within a North American vertically integrated comfort solutions platform owning brands including Molecule, Novaform, SI, Nue, and Yourigami.

Ownership category

akta.pro rank

Product category

Foam Products Manufacturing

NAICS

Urethane and Other Foam Product (except Polystyrene) Manufacturing (32615), Urethane and Other Foam Product (except Polystyrene) Manufacturing (326150), Mattress Manufacturing (337910)

SIC

Plastics Foam Products (3086)

akta.pro primary industry

Foam Plastics (EPS/PU/PE) Manufacturing (IMANAOAJ)

akta.pro secondary industry

Foam Conversion & Fabrication (Cutting, Laminating, CNC, Packaging Inserts) (IMANAIAJ)

Keywords

• Foam product manufacturing
• Mattress and bedding
• Comfort solutions
• Specialty foam materials
• Memory foam products

Headquarters

HQ city

Red Bank

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Core offering

Innocor is a designer and manufacturer of advanced foam products serving commercial and retail channels. Following its merger with FXI, the combined entity formulates, designs, and manufactures a vertically integrated portfolio of bedding, furniture, transportation, and healthcare comfort solutions, supported by over 400 patents in comfort technology.

Product overview

Innocor, following its merger with FXI, operates as a leading provider of comfort solutions in North America. The company offers a vertically integrated platform that formulates, designs, and manufactures a wide range of bedding, furniture, transportation, and healthcare products. The product portfolio spans multiple brands including Molecule Luxe Firm, Novaform Legacy, SI 4in Topper, Nue Plush Comfort Topper, and Yourigami Play Fort, representing performance and quality across the entire pricing spectrum. FXI's vertical integration and technical expertise, including over 400 patents, enable customized comfort solutions for consumer, hospitality, and industrial applications.

Differentiator

Problem solved

Functional benefit

Products and services

• Molecule Luxe Firm Premium mattress brand offering high-value performance and quality targeting the upper end of the pricing spectrum.
• Novaform Legacy Mattress brand featuring the Novaform ComfortGrande mattress, recognized by The New York Times.
• SI 4in Topper Four-inch mattress topper designed for enhanced comfort and support.
• Nue Plush Comfort Topper Plush comfort mattress topper for additional softness and pressure relief.
• Yourigami Play Fort Innovative foam play furniture designed for children's safe play environments.
• Bedding Solutions Bedding solutions including mattresses and sleep products providing restorative rest for brighter mornings.
• Furniture Solutions Home furnishings products blending comfort, durability, and quality.
• Transportation Solutions Transportation solutions making rides safer and more comfortable for land, air, and sea applications.
• Healthcare Solutions Specialty solutions for the healthcare sector focused on improving lives and patient outcomes.

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• FXIflagshipStrategic or Co-development PartnerFXI and Innocor completed a merger creating a leading provider of innovative comfort technology. The combined entity brings together FXI's broad operating footprint and decades of manufacturing experience with Innocor's capabilities, forming a major player in comfort solutions across North America.

Scale indicators1 record

Recent moves4 records

Expansion highlights4 records

Direct peers

• Tempur Sealy International: The largest U.S. mattress manufacturer, with major foam-based brands (Tempur-Pedic) and a broad owned-brand portfolio. Directly comparable to FXI/Innocor's bedding business in product, customer base, and distribution channels.
• Sleep Number Corporation: Premium mattress brand selling direct to consumers and through retail. Comparable to Molecule and Novaform in target customer profile and premium positioning within the foam/bedding category.
• Purple Innovation: DTC and retail mattress brand built around proprietary gel-grid foam technology. Highly comparable to Innocor's innovation-driven, patented foam positioning and owned-brand go-to-market model.
• Carpenter Co. Large privately held U.S. polyurethane foam manufacturer serving bedding, furniture, and industrial markets. Closest direct competitor in terms of vertical integration from foam chemistry to finished consumer goods.
• Serta Simmons Bedding: Major U.S. mattress manufacturer with foam and hybrid product lines. Directly comparable to FXI/Innocor's bedding business in retail-channel customer base and foam-based product portfolio.
• Future Foam: U.S.-based polyurethane foam producer focused on bedding, furniture, and specialty applications. Comparable to FXI/Innocor in core foam manufacturing capabilities and B2B customer base.

Broad incumbents

• Leggett & Platt: Diversified manufacturer of bedding components (springs, foam, frames) and other engineered products. Comparable to FXI/Innocor's B2B component-supply role across mattress, furniture, and industrial customers.
• Woodbridge Group (now Recticel): Global polyurethane foam producer with applications across bedding, furniture, automotive, and industrial markets. Comparable to FXI/Innocor in foam chemistry scale and multi-end-market diversification.
• Vita Group: European-headquartered flexible polyurethane foam producer with bedding, furniture, and transportation applications. Comparable to FXI/Innocor in core foam technology and diversified end markets.

Emerging players

• Casper Sleep: Original DTC bed-in-a-box disruptor now selling through retail. Comparable to Innocor's Novaform/Molecule brands in competing for the same consumer sleep-product wallet with foam-based offerings.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/innocor-inc-

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Innocor