Paravel
Paravel designs and sells premium luxury luggage and travel accessories to consumers via direct-to-consumer online channels and luxury retail partnerships. The US brand filed for bankruptcy in May 2025 and was acquired by Antler, with a planned 2026 relaunch under the ATR Group.
- Company typePrivate
- Founded2015
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2C
- OfferingHardware or Manufacturing
What Paravel does
Paravel is a US-based designer and manufacturer of premium luggage and travel accessories, founded in 2015 and headquartered in New York. The company sold its products through direct-to-consumer online channels and wholesale partnerships with luxury department stores and retailers, targeting premium and luxury travelers seeking high-quality, stylish travel luggage. As a luxury luggage brand, Paravel generated revenue through hardware sales of premium-priced luggage products. The company was co-founded by Andy Krantz (CEO) and Indré Vengris Rockefeller, and had raised approximately $3.2M in equity capital by 2018 from investors including 8VC and Fitz Gate Ventures.
In May 2025, Paravel filed for bankruptcy and entered liquidation as an independent company. British travel brand Antler (owned by Australian group Strandbags) subsequently acquired Paravel's brand assets out of liquidation as the highest bidder. The acquisition brings Paravel under the ATR Group portfolio alongside Antler (UK) and Nere (Australia), with the group forecasting combined sales exceeding £100 million by 2029 as part of a strategy to build a 'global house of travel brands.' Paravel is planned for relaunch in 2026 under the new ownership structure.
Paravel firmographics
Firmographics- Name
- Paravel
- Legal name
- Paravel Inc.
- Website
- https://TourParavel.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Paravel designs and sells premium luxury luggage and travel accessories to consumers via direct-to-consumer online channels and luxury retail partnerships. The US brand filed for bankruptcy in May 2025 and was acquired by Antler, with a planned 2026 relaunch under the ATR Group.
- Ownership category
- akta.pro rank
Paravel industry classification
Industry- Product category
- Luxury Luggage
- NAICS
- Luggage and Leather Goods Retailers (458320), Clothing and Clothing Accessories Merchant Wholesalers (424350)
- SIC
- Retail-Apparel & Accessory Stores (5600), Wholesale-Misc Durable Goods (5090)
- akta.pro primary industry
- Leather Travel Goods & Luggage (CRAKAEAC)
- akta.pro secondary industries
- Travel Goods & Luggage Manufacturing (IMAOAHAC), Luxury Travel Goods (Luggage & Trunks) (CRAKAFAJ), Handbags, Luggage & Travel Goods Wholesale (CRAOADAD)
Keywords
Where Paravel is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Markets served
Paravel business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales
Revenue model
- Luxury Luggage Sales: Paravel generates revenue through the sale of luxury luggage products. As a premium luggage brand, products are sold at higher price points targeting the luxury travel market segment.
Go-to-market motion1 record
Paravel product offering
Product offeringCore offering
Paravel designs, manufactures, and sells luxury luggage and premium travel accessories. The brand offers a range of upscale luggage products targeted at premium and luxury travelers, distributed through its own direct-to-consumer online channel and through wholesale partnerships with luxury department stores and retailers. Following acquisition by Antler, the brand is planned to be relaunched in 2026 as part of the ATR Group's portfolio of global travel brands.
Product overview
Paravel is a US luxury luggage brand that was acquired by British travel brand Antler out of liquidation in 2025. The brand is part of the ATR Group and is planned for relaunch in 2026. Paravel operates alongside Antler in the UK and Nere in Australia as part of Antler's strategy to build a 'global house of travel brands,' with the group targeting £100 million in sales by 2029.
Differentiator
Problem solved
Functional benefit
Products and services
- Paravel Luggage Premium and luxury luggage products sold under the Paravel brand, designed for individual luxury travelers seeking high-quality, stylish, and durable travel accessories. Distributed through Paravel's own direct-to-consumer online channel and through wholesale partnerships with luxury department stores and retailers.
Companies that use Paravel
Customer profileSegments1 record
Ideal customer profiles1 record
Paravel technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Paravel partnerships and signals
Strategic signalScale indicators3 records
Recent moves6 records
Expansion highlights4 records
Paravel competitors and assessment
Company assessmentBroad incumbents
- Tumi: Premium global luggage and travel accessories brand owned by Samsonite. Comparable as a premium luggage competitor with extensive wholesale distribution in department stores and travel retail, an area where Paravel historically competed.
- Rimowa: German luxury luggage maison owned by LVMH. Comparable to Paravel as a competitor in the premium/luxury luggage segment with strong brand equity and global distribution.
- Briggs & Riley: US-based premium luggage brand known for lifetime guarantee. Comparable as a US-headquartered premium luggage brand with wholesale and DTC channels, historically sold in similar department stores and travel retail as Paravel.
- Samsonite: Global mass-to-premium luggage market leader. Comparable as the dominant incumbent in the broader luggage category that defines the competitive set Paravel operates within, with particular overlap through the Tumi brand it owns.
Direct peers
- Antler: UK-based luggage and travel brand that acquired Paravel out of liquidation in 2025. Now the corporate parent and sister brand within the ATR Group, offering overlapping travel goods across price points.
- Away: Direct-to-consumer premium luggage brand that popularized the modern DTC luggage category. Closely comparable to Paravel's pre-acquisition model: digital-first, design-led, mid-to-premium price points, broad retail expansion.
- Monos: Canadian DTC premium luggage brand with minimalist design and direct-to-consumer focus. Comparable to Paravel on positioning (premium, design-forward), channel mix, and target customer (style-conscious travelers).
Emerging players
- Béis Travel: DTC luggage and travel accessories brand founded by Shay Mitchell. Comparable to Paravel on channel (DTC-led), demographic (millennial/Gen-X female-skewing premium travelers), and product mix (luggage plus travel accessories).
- Horizn Studios: Berlin-based DTC smart luggage and travel accessories brand. Comparable as a digitally-native, design-led premium luggage player targeting the same millennial traveler segment as Paravel.
Regional players
- Globe-Trotter: British heritage luxury luggage maker. Comparable as a premium/luxury luggage competitor with strong department-store distribution; primary overlap is in the UK and European wholesale markets where Paravel may expand under Antler ownership.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights5 records
Customer concentration
Paravel social profiles
Digital presenceParavel financial estimates
Financial estimateRevenue estimate
Valuation estimate
Paravel leadership team
Management profileNumber of profiles
Profiles2 records
Paravel funding detail
Funding detailFunding overview
Funding rounds4 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Paravel M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Paravel
What does Paravel do?
Paravel designs, manufactures, and sells luxury luggage and premium travel accessories. The brand offers a range of upscale luggage products targeted at premium and luxury travelers, distributed through its own direct-to-consumer online channel and through wholesale partnerships with luxury department stores and retailers. Following acquisition by Antler, the brand is planned to be relaunched in 2026 as part of the ATR Group's portfolio of global travel brands.
Is Paravel a public or private company?
Paravel is a private company. It is classified as corporate owned and is currently acquired.
When was Paravel founded?
Paravel was founded in 2015. It employs 11 to 50 people.
Where is Paravel based?
Paravel is headquartered in New York, United States, in the North America region.
How does Paravel make money?
One revenue line is on record: luxury Luggage Sales.
Who are Paravel's main competitors?
Broad incumbents on record are Tumi, Rimowa, Briggs & Riley and Samsonite. Direct peers are Antler, Away and Monos. Emerging players are Béis Travel and Horizn Studios. Globe-Trotter is listed as a regional player.
Does Paravel have an API?
No public API is recorded for Paravel.
What industry is Paravel in?
Paravel's product category is Luxury Luggage. Its primary akta.pro industry code is CRAKAEAC, Leather Travel Goods & Luggage, with a secondary code of IMAOAHAC, Travel Goods & Luggage Manufacturing. Its NAICS code is 458320 and its SIC code is 5600.