Awayco

San Francisco, United States Founded: 2016 • Age: 10 yrs
Outdoor sports gear is rented online via a membership platform.

About Awayco

Awayco is a company based in San Francisco (United States) founded in 2016 by Francesco Nerieri and Gideon Silverman. Awayco has raised $14.45 million across 2 funding rounds from investors including Thorney. Awayco offers products and services including Mobile POS, Loyalty Programs, Tap to Pay, and Inventory Management. Awayco operates in a competitive market with competitors including GetOutfitted, Skis on the Run, Rent Skis, Kit Lender and Outdoor Junkiez, among others.

  • Headquarter San Francisco, United States
  • Founders Francesco Nerieri, Gideon Silverman
  • Sectors
    Travel & Hospitality
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website awayco.com
  • Social LinkedIn X Facebook
Operational Areas
Key Metrics
  • Total Equity Funding
    $14.45M (USD)

    in 2 rounds

  • Latest Funding Round
    $11M (USD), Series B

    Aug 2023

  • Investors

Products & Services of Awayco

Awayco offers a comprehensive portfolio of products and services, including Mobile POS, Loyalty Programs, Tap to Pay, and Inventory Management.

Mobile POS
Point of Sale System

Facilitates in-store transactions and reduces queues for retailers.

Loyalty Programs
Customer Engagement

Integrates rewards to enhance repeat purchases in retail.

Tap to Pay
Payment Solution

Enables contactless payments using Android devices securely.

Inventory Management
Operations Tool

Provides real-time tracking for omnichannel retail environments.

Funding Insights of Awayco

Awayco has successfully raised a total of $14.45M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $11 million completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $14.45M
  • Total Rounds 2
  • Last Round Series B β€” $11M
  • First Round $3.45M

    (Jun 2018)

  • Investors Count 1

All 2 funding rounds of Awayco with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2023$11MSeries B–Thorney
–
Jun 2018$3.45MSeries A––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Awayco

Awayco has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Thorney.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Tech startups are funded by Thorney's venture capital operations.
1991thorney.com.auMelbourne, Australia
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Investor details for Awayco

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  • Round participation
  • Investor portfolios
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People of Awayco

3 people are tracked at Awayco (2 in leadership, 1 in team).

NameRoleGroup
Francesco Nerieri
Co-Founder & CTOLeadership
Gideon Silverman
Co-Founder & CEOLeadership
Aaron Meyer
Product / Project MangerTeam
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Complete people profiles for Awayco

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  • Team structure
  • Board tenure
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Timeline of Awayco

3 dated milestones of Awayco across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Awayco is founded.
  2. Funding First funding round of $3.5M.
  3. Funding Latest funding round, Series B, of $11.0M.

Competitors of Awayco

Awayco operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as GetOutfitted, Skis on the Run, Rent Skis, Kit Lender and Outdoor Junkiez, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
getoutfitted.com2013Colorado Springs, United States$163,137–
Supplied outdoor gear to brands and customers worldwide through partnerships.
skisontherun.com2002Park, United States–7
Provides ski and bike equipment rental with delivery services.
rentskis.com2009Broomfield, United States––
Offers online rental services for skiing equipment to enthusiasts.
kitlender.com2014New York, United States––
Operates a platform for renting outdoor gear and adventure equipment.
outdoorjunkiez.com2013Honolulu, United States––
Online platform for discovering and renting outdoor sports gear and equipment.
vailskibase.com1995Vail, United States––
Offers ski and snowboard rentals, repairs, and accessories in Vail.
bahnhofskirentals.com2007Petoskey, United States––
Provides ski, snowboard, and snowshoe rentals with online booking in Michigan.
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Detailed competitors of Awayco

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  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Web traffic of Awayco

The website of Awayco (awayco.com) receives about 1.5K visits a month.

  • Monthly visits
    1.5K

    ▲ 30.7% vs previous month

Latest news on Awayco

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Complete news archive for Awayco

Full article history, source details, and older brand coverage require an active premium plan.

  • Full article archive
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  • Brand-specific news history

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Similar companies to Awayco

10 companies that operate in the same segment as Awayco (Online Travel), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online bookings for flights, hotels, and travel packages are facilitated.
2000Gurugram, Haryana, IndiaUSD 39 MUSD 1.04 B5,120
Online platform providing multiple travel booking services
2007Gurugram, Haryana, IndiaUSD 96.62 MUSD 130.88 M465
Corporate travel and expense management are facilitated through SaaS platform.
2015Palo Alto, California, United StatesUSD 1.58 BUSD 3.52 M847
Spend management and accounts payable solutions are delivered to businesses.
2019New York, New York, United StatesUSD 3.21 B––
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Multiple travel services are booked via an app-based platform.
1999Miami, Florida, United StatesUSD 331.37 M–4,543
Multiple travel services are booked via an app-based platform.
2012Jakarta, Jakarta, IndonesiaUSD 1.02 B––
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.16 B–1
Bus tickets are booked online via portal and mobile app.
2006Bengaluru, Karnataka, IndiaUSD 10 M––
Outdoor tours and activities are booked via an app-based platform.
2009Berlin, Berlin, GermanyUSD 877.51 M––
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Frequently Asked Questions about Awayco

Awayco was founded in 2016 and raised its 1st funding round 2 years after it was founded.

Awayco is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Gideon Silverman is the current CEO of Awayco. They have also founded this company.

Awayco is a funded company, having raised a total of $14.45M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.45M, raised on Jun 2018.

Awayco was founded in 2016 in San Francisco, United States, as an online platform focused on rentals of outdoor sports equipment. Items such as surfboards, skis, and snowboards are manufactured and offered for reservation by registered members through the website. Partnerships with local stores across multiple countries facilitate product availability. Pricing structures are determined by selected packages and the quantity of items rented.

Awayco's top competitors include GetOutfitted, Skis on the Run and Rent Skis.

Awayco offers Mobile POS, Loyalty Programs, Tap to Pay, and Inventory Management.

Awayco has 1 investor. Key investors include Thorney.

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