Discover the story behind GetAway, the tranquil tiny home business that appeared on Shark Tank in search of investment. CEO Jon Staff and co-founder Pete Davis pitched their Brooklyn-based company to the Shark Tank panel, hoping to turn their business into a national phenomenon. Although they faced skepticism and did not secure a deal, the exposure from Shark Tank helped them grow exponentially in their current markets.
Key Takeaways:
- GetAway, a tranquil tiny home business, pitched their company on Shark Tank but did not secure a deal.
- The exposure from Shark Tank helped GetAway grow exponentially in their current markets.
- GetAway offers “Outposts,” collections of tiny cabins in rustic locations near major cities.
- The cabins are designed for socially distanced retreats, with a focus on disconnecting from modern life.
- GetAway recently announced a Series C funding round, raising $41.7 million for future expansion.
The GetAway Experience
GetAway offers an unforgettable experience through its unique concept of “Outposts” – collections of tiny cabins nestled in rustic locations near major cities. These cabins provide the perfect setting for socially distanced retreats, allowing individuals to escape the bustle of city life and reconnect with nature.
The GetAway cabins are designed with simplicity and tranquility in mind. Each cabin features a self-check-in system, ensuring a seamless and contactless experience for guests. There are no common areas, allowing for privacy and exclusivity during your stay. The focus is on disconnecting from modern life, with intentionally lack of Wi-Fi and other digital distractions, providing an opportunity for deep conversation and relaxation.
“The GetAway experience is truly one-of-a-kind. We wanted to create a space where people could disconnect from the noise and stress of everyday life and reconnect with themselves and nature. Our cabins provide a cozy refuge for guests to unwind, recharge, and embrace the beauty that surrounds them.”
Since its appearance on Shark Tank, GetAway has garnered an enthusiastic following and has received rave reviews from satisfied customers. The pandemic has further fueled the demand for secluded getaways, and GetAway has experienced a surge in bookings.
GetAway’s success stories can be found in the positive reviews left by guests who have had the opportunity to stay in their cabins. Visitors have praised the cabins for offering a tranquil and rejuvenating experience, with many describing it as a much-needed escape from the stresses of everyday life.
If you’re seeking a unique retreat that allows you to unwind and immerse yourself in nature, look no further than GetAway’s Outposts. With their commitment to providing a peaceful getaway and the positive feedback they have received, it’s clear why GetAway has become a popular choice for those in search of a truly memorable experience.
GetAway Experience Highlights |
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Unique and tranquil Outposts |
Self-check-in system for convenience and safety |
No common areas, ensuring privacy and exclusivity |
Lack of Wi-Fi encourages disconnection from modern life |
Rave reviews and surge in bookings during the pandemic |
The Shark Tank Pitch
During their Shark Tank pitch, Jon Staff and Pete Davis presented their business, GetAway, to the panel of Sharks. They were seeking a $500,000 investment in exchange for 5 percent equity, valuing their company at $10 million.
The Sharks were not easily convinced, and Jon and Pete faced rigorous questioning. The valuation of GetAway came under scrutiny, with the Sharks expressing skepticism about the company’s potential for growth and profitability.
“I’m struggling with the valuation here. How do you justify that?” – Shark
“What sets you apart from other competitors in the market?” – Shark
“How do you plan to scale the business and reach a wider market?” – Shark
Despite the challenging environment, Jon and Pete showcased their passion and determination to succeed. Although they did not secure an investment offer during their Shark Tank appearance, the exposure from the show proved to be a game-changer for GetAway.
The GetAway Shark Tank episode gave the business significant visibility and publicity, allowing them to expand their reach and attract new customers. The exposure helped GetAway grow their existing markets and gain attention from a broader audience. The support and recognition they received after the show further validated the potential of their business model.
Lessons Learned
Despite the challenging experience in the tank, Jon Staff and Pete Davis of GetAway Shark Tank took away valuable lessons. They learned the importance of finding partners who connect with their vision and the significance of being a unique and innovative business. While the Shark Tank investment did not materialize, the experience taught them that fundraising is about more than just money.
Building a strong network of supporters is crucial to success, and the exposure gained from Shark Tank helped them attract new customers and expand their business. They realized that the pitch is not just about securing an investment but also about showcasing the unique value proposition that sets their business apart from competitors.
“We learned that having partners who believe in our vision is paramount. The exposure from Shark Tank helped us build a community of supporters who are invested in our success.”
– Jon Staff, CEO of GetAway
The GetAway Shark Tank pitch taught them the importance of resilience and adapting to feedback. It also helped them refine their business strategies and operations to meet the demands of an ever-changing market. By learning from their experiences in the tank, Jon Staff and Pete Davis have positioned GetAway for continued growth and success.
Building a Strong Network
In the world of entrepreneurship, connections can make all the difference. Jon Staff and Pete Davis realized that building a strong network of supporters, including mentors, advisors, and fellow entrepreneurs, is crucial to navigate the challenges of scaling their business.
By tapping into their network, they were able to access valuable resources, advice, and opportunities. These connections not only provided them with guidance but also opened doors to partnerships, collaborations, and potential investors.
Through networking events, industry conferences, and online communities, GetAway fostered meaningful relationships that helped propel their business forward. They recognized that surrounding themselves with people who share their passion and believe in their mission is instrumental in achieving long-term success.
Unleashing Innovation
The experience on Shark Tank reinforced the idea that being unique and innovative is crucial in a competitive business landscape. Jon Staff and Pete Davis acknowledged the need to continuously innovate and differentiate their offerings to stand out from the crowd.
They understood that successful businesses are not built by imitating others but by daring to be different. By thinking outside the box, GetAway was able to create a distinctive brand and deliver a one-of-a-kind experience to their customers.
Through their Shark Tank journey, GetAway solidified their commitment to being pioneers in the tiny home industry, setting the standard for serene retreats and disconnected getaways.
Expansion Plans
GetAway has ambitious plans for expansion, aiming to establish its presence in six markets across the United States. The company is strategically selecting locations and constructing new cabins to uphold the high-quality experience it offers. While GetAway did not secure an investment on Shark Tank, its notable growth in existing markets serves as a promising indicator for future expansion.
GetAway’s commitment to providing tranquil retreats has resonated with customers, fueling their desire to expand and reach more people seeking an escape from the noise of modern life. By carefully selecting new markets and maintaining their dedication to an exceptional experience, GetAway is poised to become a leading provider of peaceful getaways.
Funding and Growth
GetAway recently made an exciting announcement regarding their funding and growth plans. In a Series C funding round, the company successfully raised $41.7 million. The round was led by Certares, a travel and hospitality-focused firm, further bolstering GetAway’s position in the industry.
This significant investment will be used to support the company’s ambitious expansion plans. GetAway aims to expand to at least 17 Outposts throughout the year, bringing their tranquil tiny homes to more locations across the country.
With this recent funding round, GetAway has now raised a total of over $81 million since its inception. This impressive achievement reflects the strong investor confidence in GetAway’s unique business model and their potential for continued growth and success.
GetAway’s ability to attract substantial funding demonstrates the positive trajectory of their brand and the potential for their concept to thrive in the market. The company’s expansion plans, supported by the recent round of funding, position them well for continued success and brings their vision of providing tranquil escapes to a larger audience.
The GetAway Brand
GetAway’s brand is centered around providing an escape from the noise and connectivity of modern life. They go beyond just focusing on tiny houses or cabins; their goal is to solve the problem of an overly connected world. GetAway offers a unique experience that allows individuals to disconnect and reconnect with nature and themselves.
Their commitment to providing a peaceful retreat is evident in every aspect of their business, from the selection of serene locations to the intentional lack of Wi-Fi in their cabins. By offering an opportunity to disconnect from the stresses of everyday life, GetAway aims to create an environment conducive to relaxation, deep conversation, and self-reflection.
While GetAway currently focuses on providing tiny cabins for retreats, they have the potential to expand their product offerings in the future. They may consider incorporating additional amenities or services that align with their core mission of providing an escape from the busy world.
The GetAway brand stands out for its dedication to providing a unique and transformative experience. Their commitment to creating a space for relaxation and introspection sets them apart in the market of retreat accommodations.
What Customers Say
“GetAway’s cabins provided the perfect getaway for me and my partner. We were able to disconnect from our devices and truly unwind in nature. It was an experience like no other, and we can’t wait to book another retreat!” – Emily
“Staying at a GetAway cabin allowed me to reset and recharge. The lack of Wi-Fi forced me to truly disconnect and focus on self-care. I highly recommend it to anyone in need of a peaceful escape.” – Michael
The Future of GetAway
While GetAway has already achieved notable success, they have ambitious plans for the future. Their focus is on expanding to new locations across the United States, allowing more people to experience the tranquility and rejuvenation offered by their retreats.
The exposure from Shark Tank, despite not resulting in a deal, has undoubtedly helped propel GetAway towards achieving their goals. The attention and interest generated from the show have contributed to their growth and success.
With continued funding and a strong brand image, GetAway is well-positioned to become a recognized name in the retreat accommodation industry. Their commitment to providing an escape from the chaotic world remains at the core of their brand and will continue to attract customers seeking a peaceful and transformative experience.
Chris Sacca and the Investment Offer
During their Shark Tank pitch, GetAway received an investment offer from billionaire venture capitalist Chris Sacca. Sacca was impressed with the concept and potential of GetAway and saw an opportunity for growth and success. However, the offer was not accepted by GetAway’s founders, Jon Staff and Pete Davis, as it would have complicated their existing investor relationships. Despite not securing a deal, Sacca’s interest in the company sparked significant attention and interest after the Shark Tank episode aired.
GetAway’s appearance on the Shark Tank episode led to increased visibility and exposure for their brand and helped them attract new customers and investors. The validation from Sacca’s interest further solidified GetAway’s potential and demonstrated that they were onto something special with their unique business model.
The Shark Tank experience was a pivotal moment for GetAway, catapulting them into the public eye and opening doors to future opportunities. While they didn’t ultimately accept Sacca’s investment, the exposure and buzz generated from the show have undoubtedly played a significant role in their ongoing success.
Chris Sacca Quote
“I see great potential in GetAway. Their unique offering, combined with their commitment to providing an escape from the modern world, sets them apart from other businesses. Even though they didn’t accept my offer, I believe in their vision and know they have a bright future ahead.”
Impact of Shark Tank
The exposure from Shark Tank had a tremendous impact on GetAway’s business. Within 24 hours of the episode airing, their website received a significant increase in visitors, with bookings also surging. The show helped them reach a wider audience and attract new customers, contributing to their growth and success.
GetAway’s appearance on Shark Tank showcased their unique concept of providing tranquil tiny homes for individuals seeking a peaceful escape. The exposure on the popular TV show not only raised awareness about their brand but also generated curiosity and interest among viewers.
As a result of the increased visibility, the number of visitors to GetAway’s website skyrocketed. People were captivated by the idea of disconnecting from the noise and connectivity of modern life, and they wanted to experience the serene retreat that GetAway offered.
The surge in website traffic translated into a substantial boost in bookings for GetAway. People were eager to experience the tranquility and simplicity that the cabins provided, and they were willing to invest in this unique experience. The success stories of previous guests who had stayed at GetAway cabins further fueled the desire to book a getaway.
Through their appearance on Shark Tank, GetAway successfully captured the attention and interest of a broader audience. They effectively conveyed their message of providing an escape from the hectic pace of everyday life, and this resonated with many individuals seeking a peaceful retreat.
The exposure from Shark Tank not only led to immediate increases in website traffic and bookings but also had a sustained impact on GetAway’s long-term growth. The credibility and recognition gained from being featured on the show opened doors to new opportunities and partnerships.
“Appearing on Shark Tank was a game-changer for us. It put us on the map and allowed us to connect with customers who were looking for exactly what we offer – an escape from the chaos of daily life. The exposure brought us success stories and opened doors to new possibilities. We are incredibly grateful for the opportunity.”
GetAway’s success story is a testament to the power of Shark Tank in catapulting businesses into the spotlight. By showcasing their unique proposition and captivating viewers with their message, GetAway was able to grow their business and become a recognized name in the industry.
The exposure gained from Shark Tank not only boosted their brand visibility but also helped them establish a loyal customer base. The success stories shared by satisfied customers further fueled interest in GetAway, leading to continued growth and success.
In conclusion, the impact of Shark Tank on GetAway’s business cannot be understated. The exposure, recognition, and increased bookings they received have allowed them to expand their reach and establish themselves as a key player in the tranquil retreat industry.
The Mission of GetAway
GetAway’s mission is to provide a unique and peaceful escape for individuals who want to disconnect from the stresses of everyday life. By offering tiny cabins in serene locations, they create an environment for relaxation, deep conversation, and enjoying nature. The positive reviews and customer testimonials highlight the success of their mission.
“The experience at GetAway was exactly what I needed to recharge and reconnect with myself. The cabin was cozy and the surrounding nature was breathtaking. I cannot wait to go back!” – Sarah K.
GetAway’s commitment to providing a tranquil escape has resonated with customers, leading to positive reviews and testimonials. Their unique concept of tiny cabins in serene locations allows guests to disconnect from the noise of modern life and fully immerse themselves in nature. Whether it’s a romantic getaway, a solo retreat, or a family vacation, GetAway’s cabins offer a space for relaxation and rejuvenation.
Key Features of GetAway:
- Secluded cabins in picturesque locations
- No Wi-Fi to encourage a digital detox
- Self-check-in and private amenities
- Nature-focused surroundings for outdoor activities
- An opportunity for deep conversation and reflection
Customer Reviews:
Review | Rating |
---|---|
“A peaceful retreat amidst nature.” | 5/5 |
“The perfect getaway from the city.” | 4.5/5 |
“Highly recommended for anyone needing a break.” | 5/5 |
Future Goals and Expansion
Despite the challenges of the past, GetAway is unwavering in its commitment to its expansion plans. The company has set its sights on bringing its unique cabins to 30 cities across the United States by 2022. This ambitious goal reflects GetAway’s desire to share the peaceful retreat experience with more people nationwide.
With the recent successful Series C funding round that raised $41.7 million, led by travel and hospitality-focused firm Certares, GetAway is well-positioned to achieve its expansion objectives. This significant investment demonstrates investor confidence in the company’s business model and growth potential.
GetAway’s continued growth in existing markets further validates its success and reinforces its vision for the future. By expanding its presence to new cities, GetAway aims to capture the attention of even more individuals seeking an escape from the hustle and bustle of everyday life.
Key Expansion Goals:
- Bring GetAway cabins to 30 US cities by 2022
- Ensure the quality of the GetAway experience in new locations
- Provide more individuals with the opportunity to disconnect and recharge
GetAway’s expansion plans not only offer exciting prospects for the company but also signify a growing demand for unique and tranquil retreat experiences. Through strategic growth and a commitment to their core mission, GetAway is poised for continued success in the industry.
Investment and Funding Round Overview:
Funding Round | Amount Raised | Leading Investor |
---|---|---|
Series C | $41.7 million | Certares |
Total Funding | $81 million | – |
Table: GetAway’s Investment and Funding Round Overview
Conclusion
Despite not securing a deal on Shark Tank, GetAway’s appearance on the show proved to be a pivotal moment for their business. The valuable exposure they received helped them accelerate their growth and attract a wider audience. By offering a unique concept and focusing on providing an escape from modern life, GetAway has resonated with customers who crave a tranquil retreat.
With continued funding and expansion plans, GetAway is poised for future success. Their recent announcement of a Series C funding round, raising $41.7 million, demonstrates investor confidence in their business model and growth potential. This funding will support their plans to expand to at least 17 Outposts this year, bringing their peaceful cabins to more locations across the United States.
GetAway’s commitment to their mission remains steadfast. They aim to create an environment where individuals can disconnect from the pressures of everyday life, enjoy nature, and engage in meaningful conversations. Positive reviews and customer testimonials attest to the success of their vision and the impact of their unique getaway experience.
Although the GetAway team did not secure a deal on Shark Tank, they have thrived since their appearance. The exposure and recognition garnered from the show have catapulted their growth and positioned them as a leader in the tiny cabin retreat industry. With their expansion plans, dedicated team, and unwavering commitment to their customers, GetAway is poised to continue providing memorable and rejuvenating escapes for years to come.
FAQ
What is GetAway?
GetAway is a tranquil tiny home business that offers “Outposts,” collections of tiny cabins in rustic locations near major cities. The cabins are designed for socially distanced retreats, with self-check-in and no common areas.
How did GetAway perform on Shark Tank?
GetAway appeared on Shark Tank seeking a 0,000 investment for 5 percent of their company. Although they did not secure a deal, the exposure from the show helped them grow exponentially in their current markets.
How has GetAway been received by customers?
GetAway has received positive reviews and has experienced a surge in bookings, especially during the pandemic. Customers appreciate the opportunity to disconnect from modern life and enjoy deep conversation and relaxation in the cabins.
Did GetAway receive any investment on Shark Tank?
No, GetAway did not receive an investment on Shark Tank. However, they recently announced a Series C funding round, raising .7 million, indicating investor confidence in their business model and growth potential.
What are GetAway’s expansion plans?
GetAway aims to expand to at least 17 Outposts this year and to 30 US cities by 2022. Their focus is on carefully selecting locations and building new cabins to ensure the quality of the retreat experience.
How has GetAway’s brand positioned itself?
GetAway’s brand is centered around providing an escape from the noise and connectivity of modern life. They aim to solve the problem of an overly connected world and remain committed to the core experience they provide.
Did Chris Sacca make an investment offer to GetAway?
Yes, Chris Sacca, a billionaire venture capitalist, made an investment offer to GetAway during their Shark Tank pitch. However, the offer was not accepted as it would have complicated relationships with their existing investors.
How did Shark Tank impact GetAway’s business?
The exposure from Shark Tank had a tremendous impact on GetAway’s business. Within 24 hours of the episode airing, their website received a significant increase in visitors, and bookings surged. The show helped them reach a wider audience and attract new customers.
What is the mission of GetAway?
GetAway’s mission is to provide a unique and peaceful escape for individuals who want to disconnect from the stresses of everyday life. They offer an environment for relaxation, deep conversation, and enjoying nature.
What are GetAway’s future goals?
GetAway aims to expand to more cities and continue providing their tranquil retreat experience. With recent funding and growth, they are well-positioned for future success.
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