RVshare Funding, Investors & Competitors

RVshare has raised $150M across 2 funding rounds, most recently a $100M undisclosed-stage round in October 2020.

Last RVshare funding round

$100M

Undisclosed stage · Oct 2020

Cumulative funding RVshare raised

$150M

across 2 funding rounds

Key investors in RVshare

  • Tritium Partners
  • KKR

RVshare Overview

About RVshare

RVshare is an Akron, Ohio-headquartered online marketplace facilitating peer-to-peer rentals of recreational vehicles. Founded in 2013, the platform lists over 100,000 RVs from private owners, enabling renters to compare prices, amenities, and reviews before booking. RVshare handles insurance, payments, and roadside assistance, serving travelers for road trips, festivals, and vacations nationwide.


Founded

2013

HQ

United StatesAkron, OH

Status

Privately held

Customer focus

B2C

Revenue model

Commission

RVshare Funding History

RVshare has raised a total of $150M across 2 funding rounds.

RVshare's first fundraising round was a $50M undisclosed-stage round in February 2018. The most recent completed round was a $100M undisclosed-stage round in October 2020.

RVshare funding rounds

RVshare funding rounds
DateStageInvestorsRaisedDeal Summary
Oct 2020Undisclosed stageKKR (lead); Tritium Partners (lead)$100MRVshare is the world's first and largest peer-to-peer RV rental marketplace, founded in 2013, connecting RV owners with renters and offering over 100,000 vehicles ranging from campervans to luxury motorhomes. On October 21, 2020, the company announced a growth capital fundraising round exceeding $100 million, led by KKR through its Next Generation Technology Growth Fund II, with participation from existing investor Tritium Partners. This round brought RVshare's total capital raised to approximately $150 million, including a prior $50 million round in 2018. The investment aims to fuel RVshare's rapid scaling amid record 2020 growth, accelerated by pandemic-driven demand for domestic road trips and safe travel alternatives. KKR highlighted RVshare's explosive growth and capital efficiency as a market leader in the underserved RV rental category, planning to leverage its expertise in mobility, travel, and technology. Tritium Partners praised the company's sensational growth and its role in providing travel experiences for millions, viewing the RV sector as nascent with significant potential. GCA Global advised RVshare on the transaction. Executives emphasized using the capital and KKR's operational resources and global network to enhance experiences for owners and renters while expanding the industry.
Feb 2018Undisclosed stageTritium Partners (lead)$50MRVshare, the world's largest RV rental marketplace founded in 2013, secured a $50 million commitment from Tritium Partners on February 20, 2018, initially drawing down $20 million to fuel growth in user experience, marketing, and talent acquisition. Tritium's managing partners, Phil Siegel and David Lack, who led the first investment in HomeAway (later acquired by Expedia for $3.9 billion), drew parallels between the two platforms, viewing RVshare as poised to transform RV rentals from a niche to a mainstream travel option. RVshare's CEO Jon Gray, a former HomeAway senior executive, highlighted the investment as validation of its multi-million dollar marketplace business, aiming to position RVs as a second income source for owners and versatile for renters from family vacations to tailgating. Prior to this round, RVshare had bootstrapped without external capital, enabling rapid organic growth. The company matches RV owners with renters, filtering by location, price, and vehicle type, competing in a space with players like Outdoorsy. Co-founder and President Joel Clark noted the timing combined leadership expertise, investor experience, and capital optimally. This 2018 investment marked RVshare's first external funding, bringing total capital to $50 million initially, later referenced in subsequent rounds. In 2020, RVshare raised over $100 million in a round led by KKR with Tritium participation, reaching approximately $150-164 million total raised across three rounds, amid pandemic-driven demand for socially distanced road travel. The platform then listed over 100,000 vehicles, from campervans to luxury motorhomes, serving the 40 million U.S. camping households annually.

Who has invested in RVshare?

2 investors have backed RVshare across its funding rounds, including Tritium Partners and KKR.

Lead investors include KKR and Tritium Partners.


RVshare Investors

Investors in RVshare by funding rounds participated
InvestorHQRoundsRoleFirst check

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Acquisitions by RVshare

RVshare has acquired 1 company to date.

Last acquisition by RVshare was on October 1st 2024. RVshare acquired Go RVing Canada for undisclosed valuation.


Latest Acquisitions by RVshare

Go RVing Canada
Description
-
HQ CountryCanada
HQ City
-
Deal Date1 Oct 2024
Valuationundisclosed
EV/Revenue
EV/EBITDA

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RVshare Competitors

RVshare competitors include listed companies like Recruit Holdings, Uber, Prosus and DoorDash, and private ones like Outdoorsy and Xiaohongshu.

Public and private companies comparable to RVshare
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
OutdoorsyUnited StatesAustin, TXPrivate$34M-$1.8B54.1x
Recruit HoldingsJapanJapanPublicly listed$24B$4B$156B6.0x
UberUnited StatesUnited StatesPublicly listed$52B$6.2B$145B2.8x
ProsusNetherlandsNetherlandsPublicly listed$9.7B$1.1B$86B8.0x
DoorDashUnited StatesUnited StatesPublicly listed$14B$1.5B$84B4.9x
XiaohongshuChinaShanghaiPrivate--$20B-

RVshare Public Comps

RVshare is still privately-owned, but its public comps include Amazon, Alibaba Group, Recruit Holdings, Uber, Booking Holdings, Pinduoduo, Airbnb, MercadoLibre, Prosus and DoorDash.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Amazon$717B$161B3.9x3.5x17.5x13.8x
Alibaba Group$153B$15B1.7x1.6x17.5x13.0x
Recruit Holdings$24B$4B6.4x6.0x37.9x25.2x
Uber$52B$6.2B3.0x2.8x24.9x14.6x
Booking Holdings$27B$8.3B4.9x4.6x15.9x12.4x
Pinduoduo$64B$14B0.7x0.7x3.1x2.8x
Airbnb$12B$2.4B7.2x6.5x36.3x18.2x
MercadoLibre$29B$3.7B3.5x2.6x27.2x25.1x

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Common questions about RVshare

When was RVshare founded?RVshare was founded in 2013.
Where is RVshare headquartered?RVshare is headquartered in Akron, OH, United States.
Is RVshare publicly listed?No, RVshare is a private, VC-backed company.
How much funding has RVshare raised?RVshare has raised $150M across 2 funding rounds.
What was RVshare's last funding round?RVshare's last funding round was a $100M undisclosed-stage round in October 2020, led by KKR and Tritium Partners.
Who are RVshare's investors?RVshare's investors include Tritium Partners and KKR.
Which companies are comparable to RVshare?Companies comparable to RVshare include Outdoorsy, Recruit Holdings, Uber, Prosus, DoorDash and Xiaohongshu.
How many companies has RVshare acquired?RVshare has acquired 1 company, including Go RVing Canada.

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