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Collective Retreats Announces Growth Plans

Company is entering strategic partnership with Outdoorsy Collective Retreats has announced that it raised a $23 million Series C funding round. The round was led by New York-based investment firm Fireside Investments, outdoor marketplace Outdoorsy, and with participation from existing investors including Revolution’s Rise of the Rest Seed Fund. Collective Retreats plans to use this growth funding to fuel its mission to create dynamic destination retreats and enriching experiences that connect people to each other, to nature, and to themselves. The company has already acquired three new retreats in Vermont’s Green Mountains, California’s Sonoma County and Aspen, Colorado, and plans to open 25 new locations in the next four years. This growth is set to expand Collective Retreats’ portfolio over 300 percent by 2022 and over 700 percent over the next three years.

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