Online Luggage Retailer Away Lands $1.4 Billion Valuation as It Plots Expansion

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Online Luggage Retailer Away Lands $1.4 Billion Valuation as It Plots Expansion
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Away, which said its 2018 sales totaled $150 million, is planning to use some of the new capital to expand into apparel, wellness and lifestyle accessories

The New York-based company, formally called JRSK Inc., said it has raised $100 million at a $1.4 billion valuation. The investment was led by Wellington Management Co., with participation from Baillie Gifford, Lone Pine Capital and Global Founders Capital.

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