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RVshare Raises $100+ Million in Growth Capital Led by KKR The fundraising will provide RVshare 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. RVshare has helped provide amazing travel experiences for millions of travelers and has seen sensational growth since its founding in 2013. RVshare has successfully 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 campervans to travel trailers. “At RVshare, our mission is to expand the definition of travel, providing a unique, seamless experience that will allow travelers to build lifelong memories with loved ones,” RVshare’s CEO Jon Gray said. “I am very proud of our employees and thankful to our customers for helping build RVshare into the market leader it is today – and we are only at the beginning of where our business can go."
RVshare Raises $50 Million War Chest from Tritium Partners RVshare, the world's largest RV rental marketplace, announced it has secured a $50 million commitment from Austin, Texas-based investment firm Tritium Partners, whose managing partners led the first investment in vacation rental giant HomeAway. RVshare will initially call down $20 million of the committed capital to accelerate its already rapid growth, focusing on enhancements in user experience, marketing and hiring more top-tier talent. Tritium's managing partners Phil Siegel and David Lack led the first investment in vacation rental giant HomeAway, where RVshare's newly announced CEO, Jon Gray, was the third employee and served as a senior executive. "A $50 million investment from Tritium is an incredible validation of RVshare and its already multi-million dollar marketplace business that is poised to disrupt an entire industry," says Gray. "We will reshape the way people think about RVs."
