What is RVshare?
RVshare operates as the largest peer-to-peer RV rental marketplace, offering a diverse inventory of over 100,000 vehicles, ranging from travel trailers to luxury motorhomes. This platform empowers individuals to experience unique travel adventures and provides RV owners with an avenue to generate income from their assets. The company facilitates a wide spectrum of outdoor excursions, from short camping trips to extensive cross-country tours, positioning itself as a key facilitator of memorable travel experiences and a significant contributor to the sharing economy in North America.
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. They focus 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. They are known for their significant capital deployment in various industries.
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 substantial enterprise-level backing and a recent strategic investment, RVshare is well-positioned for accelerated growth and market expansion. The company's ability to attract significant capital indicates strong investor confidence in its business model and its potential to further dominate the RV rental landscape. Future strategic initiatives are likely to focus on enhancing the platform's user experience, expanding its vehicle inventory, and potentially exploring new market segments or service offerings to capitalize on the increasing demand for flexible and accessible travel solutions.
See full RVshare company page
