Search company, investor...

Founded Year

2015

Stage

Convertible Note | Alive

Total Raised

$181.1M

Revenue

$0000 

About Away

Away operates as an e-commerce platform. The company focuses on travel-related products such as travel bags, luggage, travel accessories, and more. It was founded in 2015 and is based in New York, New York.

Headquarters Location

82 Mercer Street 3rd Floor

New York, New York, 10012,

United States

(646)649-3191

CB Insights
Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
See how. Join a demo.
Join a demo
Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo
You're one click away from the most comprehensive, unmatched analyst expertise in tech, in-depth private company data and a platform that brings it all together.
Click Now. Join a live demo
Join a demo

Research containing Away

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Away in 2 CB Insights research briefs, most recently on Feb 21, 2023.

Expert Collections containing Away

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Away is included in 4 Expert Collections, including Direct-To-Consumer Brands (Non-Food).

D

Direct-To-Consumer Brands (Non-Food)

1,192 items

Startups selling their own branded products directly to consumers through owned e-commerce channels, rather than relying on department stores or big online marketplaces.

E

E-Commerce

10,454 items

Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).

U

Unicorns- Billion Dollar Startups

1,221 items

T

Travel Technology (Travel Tech)

2,247 items

The travel tech collection includes companies offering tech-enabled services and products for tourists and travel players (hotels, airlines, airports, cruises, etc.). It excludes financial services and micro-mobility solutions.

Latest Away News

Beauty Plays Prominently at Düsseldorf Airport as Heinemann Returns after a Decade Away

Sep 19, 2023

Heinemann is back at Düsseldorf Airport, and beauty could be the richer for it. The Hamburg-based global duty-free operator officially opened four stores at Germany’s fourth-busiest airport on September 7, covering a total area of around 3,700 square meters. Heinemann had a 20-year relationship with airport owner and landlord Flughafen Düsseldorf for 20 years from 1992 until the end of 2012, after which Dufry snatched away the concession. Having won the contract back a year ago , the Hamburg company will not easily let it go again, key to which will be tightening its re-established relationship with the gateway and taking the retail offer to a new level. Beauty is a core category for the travel retailer; it accounted for just over one-third of the company’s total revenue of €3.8 billion in 2022. Undelining its ambitions in this product segment, Heinemann recently took a 50% stake in fragrance distributor Nobilis Group, which operates in German-speaking markets. At Düsseldorf Airport, perfumes and cosmetics are also in the limelight. The core non-Schengen shop in Pier C—modeled after Düsseldorf’s famous boulevard Königsallee. nicknamed the Kö—has a large assortment of premium brands, with Chanel, Dior, and Lancôme having their own personalized areas. Bringing in Trending Social Media Brands But the more novel aspect of the Düsseldorf revamp is the “Test & Learn” pilot, a space where the retailer can trial smaller and niche brands, whether local, regional, national, or international, and gauge their popularity. Heinemann said that some of these new brands “are known only on social media so far.” The company added in a statement: “They will have the opportunity to present their products to travelers for a limited period of time, giving them an in-road into the travel retail market. For shoppers, this is a genuine highlight.” Beauty has a strong presence in this multi-category space, and initial showcase brands include “science-first” Niche Beauty Lab , “ultra-pure” natural cosmetics label The Glow , and acne-targeted Acnemy. According to Heinemann, these products are not usually found in travel retail, or only available in a very limited number of locations. Gordana Schiel, Managing Director of Heinemann Düsseldorf, commented: “The new shops and their range of products are a testament to the strong connection to Düsseldorf and its surrounding areas. They are partly stocked with in-vogue brands (but) another of our goals is to attract new target groups, such as Millennials and Gen Z, with social-media-driven brands to change their perception of duty-free shopping as an outdated pastime.” Lars Redeligx, CEO of Düsseldorf Airport, added: “The new shops at our airport are proof of how the future of travel retail is being successfully shaped.” Düsseldorf Airport is not a Lufthansa hub, but it processed just over 16 million passengers in 2022, making it Europe’s 31st busiest airport (that ranking includes big airports in Moscow and St. Petersburg in western Russia). Traffic in 2019 reached 25.5 million passengers, and numbers are climbing back. The airport is also the gateway to the Rhine-Ruhr Region, the third-largest economic center in Europe (source: Eurostat) while the city itself is considered the eighth richest (by GDP) among 108 urban districts in Germany (source: Federal Statistical Office) making it a location with plenty of potential. ×

Away Frequently Asked Questions (FAQ)

  • When was Away founded?

    Away was founded in 2015.

  • Where is Away's headquarters?

    Away's headquarters is located at 82 Mercer Street, New York.

  • What is Away's latest funding round?

    Away's latest funding round is Convertible Note.

  • How much did Away raise?

    Away raised a total of $181.1M.

  • Who are the investors of Away?

    Investors of Away include Wellington Management, Baillie Gifford & Co., Global Founders Capital, Lone Pine Capital, Comcast Ventures and 8 more.

  • Who are Away's competitors?

    Competitors of Away include July and 5 more.

CB Insights
Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
See how. Join a demo.
Join a demo
Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo

Compare Away to Competitors

July Logo
July

July is a travel case brand from Australia. The company's product is a carry on suitcase featuring an ejectable battery pack.

Arlo Skye Logo
Arlo Skye

Arlo Skye manufactures luggage for design lovers - lightweight, unbreakable shell, built-in airline compliant charger, and an interior compression system.

Movig Logo
Movig

Movig is a tech platform helping creators source and manage brand deals easily, so they can spend more time creating. The company centralizes brand info, identifies brand contact emails, and enables highly personalized pitches with artificial intelligence (AI) for creators to track their deal flow, get recommended brands, and customize templates to work faster, saving many hours a week on admin tasks. It was founded in 2022 and is based in New York, New York.

O
OLEADA

OLEADA is a China-based bag and purse brand in China.

Trunki Logo
Trunki

Trunki manufactures travel products for children. The company's platform offers products including rideable children's luggage, ride-on suitcases, stackable toy boxes, plush wraps, and a backpack booster seat. It was founded in 2006 and is based in Bristol, United Kingdom.

Pacsafe Logo
Pacsafe

Pacsafe offers anti-theft carry solutions for traveling and trekking purposes. It offers various wallets, backpacks and more. The company was founded in 1998 and is based in Seattle, Washington.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Join a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.