Outdoorsy Raises $25 Million in Series B Funding
Recreational vehicles marketplace Outdoorsy today announced it has raised $25 million in Series B funding, led by Aviva Ventures and Altos Ventures. Aviva and Altos are joined by existing investors Tandem Capital and Autotech Ventures.
According to the company, Outdoorsy hosts the largest bookable inventory of RVs worldwide online. Its goals is to expand its global fleet and continue its progress toward mobilizing many of the more than 17 million idle RVs around the world. To create its on-demand marketplace, Outdoorsy uses Wheelbase, a free, cloud-based and fully-insured RV fleet and rental management application for businesses operating from three to 3,000 units. It also built, distributed and parallelized computation and real-time analytics engines to monitor and report on useful real time data, which aims to provide users with privacy and security.
The company plans to use the Series B funding to expand its sales and marketing efforts, broaden its geographic footprint and increase the size of its engineering and product teams.