Luggage Company Away Raises $50 Million in Latest Round of Funding

It's sold more than 500,000 suitcases in 2 years

Away, the luggage brand that’s taken over Instagram feeds everywhere, has raised $50 million in a Series C funding led by Global Founders Capital, Forerunner Ventures and Comcast Ventures.

The 2-year-old company first disrupted the luggage industry with one product, The Carry-On, and has since expanded to a whole array of items for travel—from aluminum suitcases to garment bags and packing cubes.

With a current retail footprint of four stores, Away plans on opening six new stores this year.

“We just want to be anywhere where our customers are,” said Jen Rubio, co-founder, president and chief brand officer of Away.

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