Getaway.house raises $41.7M to help us all spend a little more time in nature

Getaway.house

Unless you’ve been living under a rock you probably have seen the incredible growth of the tiny house movement. From people ditching their homes and apartments for a tiny home, to vacationers wanting to get out into nature but upgrade from a tent to a house, tiny homes, and tiny cabins, are more than a trend, they’re a new lifestyle choice.

Most tiny houses are under 500sq feet with many falling in the 200 – 300sq foot range which, well, would be too small for me. I’m fine with small spaces but that’s just a bit too small. At the same time, when it comes to vacation, going tiny would be a-okay, especially since I love camping and backpacking, a tiny cabin in the woods sounds a-okay to me.

Getaway.house builds what it calls “outposts” which is plot of land with a bunch of tiny cabins on it. While the company wasn’t started with a global pandemic in mind, they grew by 150% in 2020, a year that most companies in the travel and hospitality space saw huge losses.

So it’s not too surprising that today Getaway.house announced a $41M Series C round led by Certares, a firm that focuses on the travel and hospitality space. As for what they’re doing with the new funding and what’s ahead, CEO Jon Staff told Techcrunch:

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Getaway plans to use the funding to expand to at least 17 Outposts this year, up from 12 in 2020 and nine in 2019. The startup has now raised more than $81 million in total funding, according to Crunchbase.

Staff said that eventually, Getaway could also add other products and services, because, “The brand is not about tiny houses or tiny cabins, The brand is about [the fact that] the world is too noisy and too connected over the long haul. Getaway could be doing other things to solve that problem.”

(Source – Techcrunch)

While the company is currently branding on Getaway.house, they call themselves Getaway, and well, Getaway.com isn’t being used by anyone at the moment so something tells me we’ll see it sell this year. With $41M in fresh funding it seems like there’s probably room in the budget for the .COM now, right?

{ 2 comments… add one }

  • Matt February 8, 2021, 2:30 pm

    #FactCheck

    For every .whatever that raises funds there are thousands of .Com that raise as well. For every .Whatever that raises funds, there’s going to be a significant number of them that will end up upgrading to .Com. Rarely vice versa.

    Reply
    • Ethan February 9, 2021, 4:42 am

      I think the point of the article is that new gTLD-using companies can do well in fund-raising as well and that investors have no problem funding these companies.

      Reply

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