What is RVshare?
RVshare operates as the largest peer-to-peer RV rental marketplace, offering an extensive inventory of over 100,000 recreational vehicles. Their diverse fleet ranges from budget-friendly travel trailers to high-end motorhomes, catering to a wide spectrum of outdoor adventures, from short camping trips to extensive cross-country tours. The platform empowers RV owners to monetize their assets by generating a second income, while simultaneously providing travelers with an accessible and memorable way to explore national parks and beyond. This model fosters a unique travel ecosystem, enabling memorable experiences and lasting memories for its user base.
How much funding has RVshare raised?
RVshare has raised a total of $150M across 2 funding rounds:
Unspecified
$50M
Unspecified
$100M
Unspecified (2018): $50M with participation from Tritium Partners
Unspecified (2020): $100M led by Tritium Partners LLC and Kohlberg Kravis Roberts & Co. L.P
Key Investors in RVshare
Tritium Partners LLC
Tritium Partners LLC is an investment firm that collaborates with talented founders and executives to build market-leading technology and services companies, focusing on high-growth, capital-efficient businesses.
Kohlberg Kravis Roberts & Co. L.P
Kohlberg Kravis Roberts & Co. L.P (KKR) is a global investment firm that manages investments across multiple asset classes, including private equity, energy, infrastructure, real estate, credit, and hedge funds.
Tritium Partners
Tritium Partners is an investment firm that collaborates with talented founders and executives to build market-leading technology and services companies. They focus on high-growth, capital-efficient businesses, providing support in areas such as value creation strategy, recruiting, and mergers and acquisitions.
What's next for RVshare?
With a major enterprise-level funding context and a recent strategic investment, RVshare is positioned for significant scaling and market penetration. The company's focus will likely be on enhancing its digital platform, expanding its geographic reach, and potentially exploring new service verticals within the burgeoning outdoor recreation and travel sector. Strategic partnerships and technological advancements are anticipated as RVshare aims to solidify its dominance in the peer-to-peer RV rental industry, further capitalizing on the growing demand for flexible and experiential travel solutions.
See full RVshare company page
