Away is a modern lifestyle brand creating thoughtful products designed to transform travel. Since their launch in February 2016, they have become one of the fastest growing consumer brands in the world, with millions of travel products sold and a team that has expanded from four to over 250. They have expanded shipping to nearly 40 countries, opened seven stores across two countries, and launched new products and experiences that inspire more people to travel.
In just over three years, Away has been twice named one of Fast Company’s “World’s Most Innovative Companies,” one of TIME’s “50 Most Genius Companies,” one of LinkedIn's "Top Startups," and a Forbes “Next Billion Dollar Startup.” They have raised more than $156M in total equity funding to fuel their next phase of growth. The last investment was a $100.00M Series D investment on 14 May 2019, with participation from Global Founders Capital, Lone Pine Capital, Wellington Management, and Baillie Gifford.
Away is now expanding into new travel product categories including apparel, wellness, and lifestyle accessories, and investing in the growth of physical retail in the US and abroad, with plans to open 50 new stores in the next three years. This presents a compelling opportunity for investors and professionals looking to be part of an innovative and rapidly growing brand in the Consumer Goods, E-Commerce, and Retail industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series D | $100.00M | 4 | 14 May 2019 | |
Series C | $50.00M | 3 | Forerunner | 28 Jun 2018 |
Series B | $20.00M | 5 | Forerunner | 19 May 2017 |
Series A | $8.50M | 7 | Forerunner, Florian Leibert | 08 Sep 2016 |
Seed Round | $2.50M | 10 | Liz Keen, Jeff Kearl +3 | 17 Aug 2015 |