
Away
Founded Year
2015Stage
Convertible Note | AliveTotal Raised
$181.1MMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+10 points in the past 30 days
About Away
Away specializes in luggage and travel accessories within the travel industry. Its main offerings include a range of suitcases, bags, and accessories focusing on durability and functionality. The company caters to the travel industry and offers products suitable for frequent travelers. It was founded in 2015 and is based in New York, New York.
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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).
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-Commerce
11,341 items
Companies that sell goods online (B2C), or enable the selling of goods online via tech solutions (B2B).
Unicorns- Billion Dollar Startups
1,276 items
Travel Technology (Travel Tech)
2,715 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
Jun 20, 2025
20 June 2025 Over the last decade, luggage has undergone something of a transformation, morphing from being a functional travel item into a luxury accessory that has become a marker of wealth and identity. Once just a necessity, today’s premium suitcases are now a coveted item in their own right and have carved out their own section of the luxury market. When thinking of luxury luggage, the first images that spring to mind are of fashion house monograms and heritage branding, but the space has had a change of tack in recent years. Brands are now harnessing ‘quiet luxury’ or, as Vogue has coined it ‘stealth wealth’ and there are some key players in the space that have pivoted from being luxury-adjacent luggage makers to style-defining entities in their own right. “From the get-go, the brand understood that modern luxury was emotional, not just material.” Away is an example of a luggage brand that has been able to tap into the desire for understated luxury, at a more accessible price point, while harnessing the power of social media. Instagram and TikTok have transformed airports into runways, hotels into backdrops, and packing into content, with the hashtags ‘Get ready with me’ and ‘packing’ racking up around 70 billion views on TikTok between them, and Away has been able to capture that in its marketing. As a DTC startup launched by former Warby Parker execs, its early success wasn’t about heritage or exclusivity – it was about building a lifestyle. From the get-go, the brand understood that modern luxury was emotional, not just material. It marketed the idea of thoughtful travel, with the suitcase framed as a companion, giving a purpose beyond simply carrying belongings from A to B. Its appeal lay in its simplicity of design; its offerings looked just as comfortable in a boutique hotel as it did in an overhead locker and the original model came with a built-in battery charger and minimal branding. Targeting the social media generation, Away used influencer partnerships, well-produced content, and a social media presence to grow its identity, and position its suitcases to feel like an extension of personal style. Rimowa saw record profit margins in its latest financial results and is a pure luxury brand, as its price reflects. Founded in 1898, it was historically known for producing suitcases with grooved aluminium shells that are durable and technologically sound. However, when LVMH acquired a majority stake of the brand in 2016, it became something more, crossing the border from travel brand to fashion brand in earnest. Although the product remained function-first, its messaging evolved as it began to collaborate with Off-White, Dior, and Supreme, and was publicly used by A-list celebrities like Roger Federer, Rihanna and Lewis Hamilton. In the space of a few years, it became collectible and, more than that, covetable. Credit: Rimowa, Antler and Away Aside from the aesthetics, another way that brands can position themselves as selling ‘it’ luggage is by considering sustainability. There is a notable sect of society that places huge value on environmental issues and sustainability and Antler, in particular, has been able to draw on this. Leaning into its 100-year history with a quiet confidence, it has undergone a subtle rebrand which means it’s USP in a market where it is difficult differentiate is in its sustainable materials, alongside timelessness, and quality. Its product language is clean and functional, but it also has an aesthetic refinement that is almost architectural in places. Like Away, Antler gives a quietly gives a quality feel suggesting tastefulness through calm design, practical craftsmanship, and a growing emphasis on eco-conscious materials. It has positioned itself not as a flashy newcomer or a legacy icon, but as a modern essential at a more accessible price point. Although Antler is the furthest ahead when it comes to sustainability – its increased use of recycled polycarbonate and its focus on long-lasting construction is particularly appealing to the modern consumer – other brands are also taking it seriously. Longevity and material innovation are becoming more prevalent, and brands like Rimowa are making commitments to their customers, like lifetime repair services, which not only positions the suitcase as a true investment piece but discourages from multiple repurchases. In short, it reframes them as something durable rather than disposable, which, in its essence, is what luxury is all about. “Their role is to connect the dots between brand, culture and consumer, often in a way that feels intuitive rather than overt and the success of a brand.” But these decisions and strategies don’t happen in a vacuum. The importance of the people who are driving this within the brands cannot be overstated. Behind the curtain, they are the ones who are truly influencing this shift from practical to covetable and interestingly, they are generally not traditional fashion creatives. They are operators, strategists, and brand builders, and many have backgrounds in finance, tech, or consumer goods. Their focus is less on trend-led design and more on long-term positioning, structure, and scale. One of the most central roles is the Chief Marketing Officer as they help to define how these companies speak to their audiences while this space continues to grow in popularity and prominence. Although it is an area where product differentiation can be subtle, the way a brand presents itself – visually, verbally, and culturally – has become just as important as the physical product. Today’s CMOs are responsible not just for campaigns, but for shaping the entire customer experience: from how a suitcase is photographed on Instagram to how it is described on a product page, and how it fits into broader conversations around design, sustainability, or aspiration. Their role is to connect the dots between brand, culture and consumer, often in a way that feels intuitive rather than overt and the success of a brand, particularly in this space where so much of the excitement comes from the marketing of the products, rests heavily on whether the CMO can achieve this. Ultimately, luggage is now more than just a vessel for clothes, but an integral part of travel style. The right suitcase signals taste and intention and brands like Rimowa, Away and Antler have succeeded because they have understood that the middle of the Venn diagram between practicality and fashion is what the consumer is looking for. They want to quietly but confidently be able to take their carry-on into an airport lounge, without compromising on ease of use. By focusing on thoughtful design, clear brand identity and a consistent message, these brands have been able to turn quietly branded luggage into an accessory that is just a statement as a luxury handbag.
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, Scottish Mortgage Investment Trust, Global Founders Capital, Lone Pine Capital, Comcast Ventures and 8 more.
Who are Away's competitors?
Competitors of Away include July, Solgaard, Arlo Skye, Paravel, Travelbags and 7 more.
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Compare Away to Competitors

July specializes in luggage, offering a range of travel bags and suitcases. The company provides products designed to meet travel needs, including personalization options and a warranty on manufacturing faults. July's direct-to-consumer sales model allows them to offer features at competitive prices. It was founded in 2019 and is based in Melbourne, Victoria.
Eagle Creek specializes in travel gear and accessories, operating within the luggage and travel accessories industry. The company offers a range of products including luggage, packing organizers, duffels, and travel packs designed for durability and functionality. Eagle Creek's products are primarily targeted at travelers seeking reliable gear for various types of journeys. It was founded in 1975 and is based in Steamboat Springs, Colorado.
BÉIS is a brand that offers a range of products including luggage, bags, and travel accessories. The products are designed to serve functional purposes and appeal to those interested in both organization and design. It was founded in 2018 and is based in El Segundo, California.

Biaggi produces luggage and travel bags that are foldable and feature 4-wheel spinner technology, adjustable handles, and multiple pockets for personal items. The products are designed for travelers. It is based in United States.

Cabaia is a creator of ingenious and sustainable accessories in the fashion and lifestyle industry. The company offers a range of products including customizable backpacks, travel bags, toiletry kits, computer bags, and various other accessories designed for everyday use and travel. Cabaia's offerings cater to a diverse clientele looking for practical, eco-friendly, and innovative solutions for their daily and travel needs. It was founded in 2015 and is based in Paris, France.

Travelbags offers luggage and bags, including suitcases, travel bags, backpacks, laptop bags, and accessories for different travel needs. The company caters to individuals looking for luggage for daily commutes and international travel. It was founded in 2007 and is based in Hardenberg, Netherlands.
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