Outdoorsy Fuels Up With $50M In New Funds (1/16/2019)
Story by Woodall's Campground Management
The three-year-old company, which connects customers with underused RVs and other trucks big enough to camp in overnight, just raised $50 million in Series C funding led by Greenspring Associates, withÂ participation from earlier backers Aviva Ventures, Altos Ventures, AutoTech Ventures and Tandem Capital.
That puts its total funding, in less than a yearâ€™s time, at $75 million.
Itâ€™s easy to understand why investors are excited aboutÂ Outdoorsy,Â Â which moved its headquarters from the Bay Area to Austin, Texas, six months ago, partly to get closer to its base of customers, as well as to take advantage of attractive tax incentives.
The company is capitalizing on a global trend of Millennials who want to stay overnight at places other than hotels, which can be pricey and based in commercial districts that canâ€™t provide the same experience of staying in a neighborhood.
To read more click here.Â
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