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.
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