What is Getaway?
Getaway specializes in creating and renting out tiny cabins, referred to as 'Outposts,' located in natural settings just outside major metropolitan areas. The company's core offering is designed to facilitate a complete disconnect from work and digital life, allowing guests to immerse themselves in nature for short stays. Each Outpost is equipped with essential amenities, emphasizing simplicity and a focus on outdoor activities like campfires. Getaway currently operates Outposts near several key cities, with expansion plans into new markets such as Los Angeles and Dallas, signaling a strategic push to broaden its reach and cater to a growing demand for digital detox experiences.
How much funding has Getaway raised?
Getaway has raised a total of $64.2M across 2 funding rounds:
Series B
$22.5M
Series C
$41.7M
Series B (2019): $22.5M with participation from Starwood Capital Group
Series C (2021): $41.7M led by Certares Management
Key Investors in Getaway
Starwood Capital Group
Starwood Capital Group, a prominent investment firm with deep roots in real estate, has previously backed Getaway, indicating a strategic alignment with the company's asset-heavy, hospitality-focused model.
Certares Management
Certares Management, a firm specializing in direct investments within the travel and hospitality sectors, brings significant operational and investment expertise to Getaway, likely focusing on scaling the company's unique cabin retreat model.
What's next for Getaway?
The substantial enterprise-level funding and recent strategic investment position Getaway for significant expansion and operational enhancement. This capital infusion is likely to fuel the development of new Outpost locations, enhance the guest experience through improved infrastructure and services, and bolster marketing efforts to reach a wider audience seeking restorative breaks. The company's focus on strategic growth, coupled with its unique value proposition of promoting disconnection and nature immersion, suggests a continued upward trajectory in the burgeoning wellness and experiential travel market. Future initiatives may also involve technological integrations that support operational efficiency without compromising the core 'unplugged' ethos.
See full Getaway company page
