Cofounders Jen Rubio and Steph Korey built online luggage retailer Away into a $1.4 billion company in just three years. Next up, it wants to be a 'travel brand.'

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 54 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 51%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Away is the fifth female-founded company to meet the $1 billion valuation threshold in 2019.

, according to a New York Times report. Developer startup Confluent and catering startup ezCater round out the list of female-founded companies that achieved unicorn status in 2019.

"It has definitely been a big year for women in business—if Steph and I can be a part of the case study that proves how valuable it can be to empower and invest in women, I'm all for it," Rubio told Business Insider."I hope this is just the beginning for us, and for many other women and minorities who have been underestimated or overlooked."

The new injection of cash will allow the company to expand beyond suitcases into a larger"travel brand," Rubio said. The company is exploring new products in the apparel, wellness, and accessories spaces that can help simplify the often mundane travel experience. "We're excited to figure out how else we can play a role in travelers' journeys, not just focusing on what you use to pack, but also what you might need to bring with you—this might includes things like skincare and supplements, or thoughtful apparel for more comfortable travel," Rubio said.simply click here to claim your deal and get access to all exclusive Business Insider PRIME content.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Report claims Trump's taxes show $1 billion in business lossesDonald Trump’s tax returns spanning a decade were reportedly reviewed by The New York Times, and allegedly reflect hundreds of millions of dollars in business losses during the 1980s and 1990s. Joy Reid and her panel discuss. Not news. We knew about this before 2016... No one cares. He has discussed this many times in a book, during the 2016 primary and after chosen to run as the Republican candidate. Stop trying to smear the already known. This gossip brought to you by the tabloid entertainment network MSNBC.
Source: MSNBC - 🏆 469. / 51 Read more »