The round was led by Aviva Ventures and Altos Ventures, with participation from existing investors Tandem Capital and Autotech Ventures.
The company intends to use the funds to expand its sales and marketing efforts, broaden its geographic presence and grow its engineering and product teams.
Founded in 2015 and led by Jeff Cavins, CEO, and Ryan Quinn, co-founder and head of software development, Outdoorsy provides an on-demand marketplace for recreational vehicles for road trips and recreational vehicle (RV) adventures. The company offers a wide range of services, including on-demand roadside assistance, features such as INSTAmatch and INSTAbook that reduce the time required for searching/booking an RV, automated and integrated DMV verification and a commercial insurance for peer-to-peer rentals in North America.
In its first year in market, the company introduced Wheelbase, a cloud-based and fully-insured RV fleet and rental management application for any business operating from three to 3,000 units. The company also built, distributed and parallelized computation and real-time analytics engines to monitor and report on useful real time data, which promises users privacy and security.
The customer base includes professional agencies and dealerships across the U.S., Canada, Australia and New Zealand and a community of tens of thousands of private vehicle owners.
FinSMEs
12/02/2018