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Wellington Management led a $100m series D funding round in Away.

Synopsis

Wellington Management, a private, independent investment management firm, led a $100m series D funding round in Away, a global lifestyle brand specializing in direct-to-consumer high-end luggage, with participation from Baillie Gifford, Lone Pine Capital and Global Founders Capital. "We've been focused on building not just a beloved and quickly-growing brand, but also on building a strong financial foundation. With highly profitable unit economics in place both online and offline, the business is primed for strategic expansion across new products, stores, and geographies," Steph Korey, Away co-founder and CEO.

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