Boston- and Brookly-based custom-built tiny-home building start-up Getaway closed a $15 million funding round on February 21.
Getaway was founded in 2015 by Jon Staff (Harvard BA, MBA) and Pete Davis (Harvard BA, JD) at Harvard University’s Innovation Lab.
The custom-built tiny homes are each between 160 and 200 square feet. They are positioned in wooded, natural landscapes and rented out by the night to those who wish to experience the restorative benefits of nature. The benefit of no wi-fi is provided.
L Catterton, a firm that has invested in start-ups such as Pure Barre, Snap Kitchen, and Bliss, invested in Getaway. L Catterton is a partnership of Catterton, a leading consumer-focused private equity firm, LVMH, a family-run group and global leader in luxury and high-quality products, and Groupe Arnault, the family holding company of Bernard Arnault.
Unlike many Silicon Valley start-ups, Getaway has “real costs, real buildings, and physical buildings that exist in the world.”
#luxury #urbanluxury #smartluxury #realestate #resilience #tech #nature
See:
“L Catterton provides $15 mln to Getaway” | Iris Dorbian, The PE Hub Network, 23 February 2017
“Tiny homes, big dreams: Getaway raises $15 million, and has big city ambitions” | Ali Montag, CNBC, 4 March 2017