Getaway Raises $41.7M in Series C Funding

Getaway

Getaway, a Brooklyn, N.Y.-based outdoor and wellness focused hospitality company, closed a $41.7m Series C funding round.

The round was led by Certares, with participation from existing investors.

The company intends to use the funds to development and opening of new Getaway Outposts, such as a third New York Outpost, a second Boston Outpost, and new Outposts in Chicago, Nashville and Seattle, among other locations.

Led by founder and CEO Jon Staff, Getaway is an outdoor and wellness focused hospitality company that offers escapes to tiny cabins in nature located less than two hours outside of major cities across the United States, lack WiFi, and help guests unplug from the stress of daily life, reset, and embrace pleasures like nature and a campfire.

During the pandemic, the company opened three new Outposts near Austin and San Antonio, TX, Houston, TX, and Charlotte and Raleigh, NC. The new properties outside of Boston, Chicago, Nashville, New York and Seattle will bring the total number of Outposts to 17, up from nine Outposts in 2019 and 12 Outposts in 2020. Getaway will continue to open new locations throughout the year.

FinSMEs

08/02/2021