RV rental and outdoor travel marketplace Outdoorsy has announced it is on track to reach $1 billion in transactions on its platform by the end of the quarter. Outdoorsy’s RV bookings soared to new heights in 2020, leading to the company’s best year on record. To date, more than 3.2 million rental days have been booked on the platform, which hosts a growing community of 37 million followers.
Outdoorsy offers more than 200,000 unique vehicles available to rent in 4,800-plus cities across 14 countries.
“Before we founded Outdoorsy, we spent nearly eight months on the road living in an RV, talking to RV owners and travelers to better understand the industry and learn what consumers would want and value in a marketplace,” said Jeff Cavins, co-founder and CEO of Outdoorsy. “It was after that time living on the road that we knew we had uncovered a multi-billion-dollar market hidden before our very eyes. Achieving this major milestone of $1 billion in transactions is a significant proof point of that epiphany we had six years ago and a great milestone for our community. But we are just getting started. Outdoor travel is one of the last major markets waiting to be brought online, and as more people feel the magnetic pull of the outdoors and the benefits of road travel, we have a huge opportunity to make the outdoors accessible to people all over the globe who want to see and experience nature and adventure in their own unique way.”
Outdoorsy recently made two key hires – Kevin Swint was named chief product officer and Ryan Eldridge was added as vice president of engineering for Outdoorsy’s insurtech division. The company said its new insurtech business is pioneering “a new form of digital insurance designed to enable the commercialization of recreational vehicles for marketplace rental activities.”
In his role as chief product officer, Swint will oversee global product design, user experience, and the product suite buildout for the company.