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RVshare raises $50 million from Tritium Partners

RVshare raises $50 million from Tritium Partners

NEW YORK — RVshare, a peer-to-peer recreational vehicle rental platform, has secured a $50 investment from Tritium Partners to accelerate growth of its marketplace.

This is RVshare’s first funding round since it launched in 2013. It currently serves more than 60,000 RV owners offering options from travel trailers to luxury motorhomes.

“Even though we’ve had investors knocking on our doors for the last four years, this whole venture was about seizing the opportunity and recognizing that the timing was right and the partner was finally right,” says Joel Clark, RVshare’s co-founder and president.

Read the full story from Phocus Wire.

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About Rebecca Smith

Rebecca Smith is a Wisconsin native currently living in Illinois with her husband, Eric, and two dogs, Maggie and Grace. She enjoys hiking, biking, kayaking and, of course, camping in cabins and park models.

One comment

  1. And if the rv has a loan on it it clearly states you can not rent it out and most motorized have loans as well as about 70 percent of towables that are under 5 years old. Lawsuits heading your way at some point.

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