The round was led by New York-based investment firm Fireside Investments, popular outdoor marketplace Outdoorsy, and with participation from existing investors including Revolution's Rise of the Rest Seed Fund.

Collective Retreats is an experiential outdoor travel company redefining traditional hotels through a collection of unique luxury retreats in unexpected places. Each retreat embraces the local landscape and culture of a destination, allowing guests to connect with the land, community and with themselves through unique on-site activities, exceptional dining and personal hospitality. By breaking away from the traditional mold of a luxury hotel, Collective Retreats is opening up a whole new world of exploration where a transformative five-star luxury experience coexists with authentic ruggedness. Founded by CEO Peter Mack (Starwood, Tough Mudder), Collective Retreats is currently operating in Vail, Colorado; Hill Country, Texas and Governors Island, NY.