Venture Capital

Travel Startup Away Closes $100M Funding Round, Plans For 50 Stores And New Product

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Travel startup Away, known most for its suitcases, announced that a $100 million round of investment has closed, with funding led by Wellington Management Company LLP. The company's plans for the new funding includes expanding its line of merchandise into clothing, wellness and lifestyle accessories, 50 new stores over the next three years, and international expansion. Away currently has stores in major cities including New York, San Francisco, Chicago and London. Products are available in 39 countries with the goal of growing abroad by 10 times in the next three years.

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