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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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2021 Tech Titans | Washingtonian (DC)


Washington’s tech industry hasn’t been immune to the pandemic. Companies such as the IT giant DXC and the event-organizing platform Cvent cut jobs amid the slowdown. But some, including the hot cloud-computing company Appian, committed to hundreds of new hires.
Indeed, plenty of other good business news came from Washingtonian’s Tech Titans during the past year. Our 2021 winners who were selected through both reporting and an informal process of nominations from their peers managed to start up new and innovative companies, close on huge funding rounds, ink massive contracts, and announce initial public offerings.
Some of this year’s Tech Titans expanded their companies not only in spite of the pandemic but be­cause of it. Michael Chasen, founder of the “edtech” firm Blackboard, leveraged the demand for at-home education to launch Class, a company that creates virtual classrooms using Zoom. Class has already raised more than $40 million. Blake Hall, founder of ....

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