Toronto (May 29, 2021)
A peer-to-peer marketplace for renting recreational vehicles (RVs) and campervans in North America, has raised about $19 million ($23 million Canadian dollars).
The company, based in Ottawa and with 54 employees, began in 2017 with a focus on Canada. A year ago it expanded to the U.S., and it now says it has nearly 10,000 American RV owners listing through it. The company faces competition from Outdoorsy and RVshare, which are better funded startups.
Since late February, RVezy has regularly surpassed $1 million in weekly bookings. The Globe and Mail first reported on the fundraising.