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KKR leads $100m+ funding round in rental marketplace RVshare

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KKR leads $100m+ funding round in rental marketplace RVshare

October 23, 2020
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KKR leads $100m+ funding round in rental marketplace RVshare
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US: Peer-to-peer RV [recreational vehicle] rental marketplace RVshare has announced a $100+ million fundraising round led by global investment firm KKR, with participation by existing investor Tritium Partners.

The fundraising will provide capital, as well as access to KKR’s operational resources and global network, to help RVshare build on its leadership position and record 2020 growth with goals to rapidly scale the RV rental industry.

Founded in 2013, RVshare seeks to connect travellers looking to experience motor vehicle travel with RV owners interested in turning their RV into a second source of income. Since the company’s founding in 2013, RVshare has built a leading position in the emerging market of RV rentals, amassing more than two million days booked on its platform and over 100,000 RVs ranging from luxury motorhomes to camper vans to travel…

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