TORONTO, Ontario — Aviva’s investment arm has led a Series B funding for a promising company that leverages the sharing economy model to rent out outdoor recreational vehicles.
The RV-sharing company, Outdoorsy, revealed that it has raised US$25 million in Series B funding, led by Aviva Ventures and Altos Ventures. The two are joined by existing investors Tandem Capital and Autotech Ventures.
A release noted that the Series B funding will be used to expand the company’s sales and marketing efforts, expand its geographic footprint, and add more talent to its engineering and product teams.
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