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About Away
Industries
Consumer Goods
Company Size
501-1,000
Company Stage
Late Stage VC
Total Funding
$216M
Headquarters
New York City, New York
Founded
2015
Overview
Away designs and sells high-quality luggage and travel accessories aimed at modern travelers who appreciate both functionality and style. Their products include suitcases, bags, and various travel accessories, all available through a direct-to-consumer model via their website and physical stores in major cities. This approach allows Away to control the customer experience and offer competitive prices by eliminating middlemen. Their products are not only practical but also stylish, with a focus on durability and customer satisfaction, highlighted by a 100-day trial period and free shipping and returns. Away has expanded its reach internationally, serving customers in countries like Canada, the UK, Germany, and France, and also offers a corporate gifting program for businesses. The company's goal is to redefine the travel goods market by merging style with functionality while maintaining a strong focus on customer service.
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Simplify's Take
What believers are saying
- Away recognized as one of Fast Company's 'World's Most Innovative Companies'.
- Growth in corporate gifting market expands Away's market reach.
- Increased demand for compact and lightweight luggage benefits Away's product offerings.
What critics are saying
- Departure of key executive Mark Chou may impact leadership stability.
- Competitors launching TSA-compliant products could erode Away's niche market advantage.
- Significant discounts may impact perceived brand value and pricing strategy.
What makes Away unique
- Away offers a 100-day trial period, enhancing customer satisfaction and loyalty.
- Direct-to-consumer model allows Away to maintain control over customer experience.
- Away's products combine functionality and style, transforming luggage into a statement piece.
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Funding
Total Funding
$216M
Above
Industry Average
Funded Over
6 Rounds
Battery Ventures
AccelBenefits
Medical, dental & vision insurance
Life and AD&D insurance
401(k) with a company match
Flexible spending, health savings & commuter benefits
PTO
Paid Parental Leave
Short & Long-term disability
Product stipends and recognition awards
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%Home and Away has released brand new photos of Leah and Justin's wedding, which airs on Australian screens next week.
Swiftwick, the U.S. manufacturer of performance socks, hired former Away executive Mark Chou as CEO.
Thanks to its near-perfect marriage of form and function, Away has been ranked among the best luggage brands on the market by the Good Housekeeping Institute for years.
Away has just released a new line of luggage, but if it looks familiar to what you know and love from the company, you’re not confused.
Well-known brands like Away and Alleyoop have launched TSA-compliant products to fill a niche that will give them a competitive advantage.
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About Away
Industries
Consumer Goods
Company Size
501-1,000
Company Stage
Late Stage VC
Total Funding
$216M
Headquarters
New York City, New York
Founded
2015
There are no jobs for Away right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Away