Away was founded in 2015 by Stephanie Korey and Jennifer Rubio. The company has not officially endorsed a plan to participate in an IPO. Away is a direct-to-consumer lifestyle brand specializing in luggage but offering additional travel products.
The company has raised approximately $180 million in Venture Capital funding from investors including Baillie Gifford, Lone Pine Capital, Wellington Management, Global Founders Capital, Accel, Battery Ventures, Comcast Ventures, and Forerunner Ventures. Per company press releases, Away last raised $100 million in May 2019 at a post-money valuation of $1.4 billion.