RVshare, a peer-to-peer RV rental marketplace, has announced that it’s raised over $100 million in new funding led by private equity firm KKR, with participation by existing investor Tritium Partners. The new funding brings the total amount of known financing raised by RVshare to $150 million. KKR, the lead new investor isn’t just providing capital but will provide operational and growth resources for RVshare as it usually does for its other portfolio companies. 

RVshare like its name suggests connects travelers looking to experience RV travel with RV owners looking to rent out their RVs to earn money. Over 100,000 RVs are currently registered for rent on RVshare, with over 2 million collective rental days booked on the platform so far. 

RVshare was founded in 2013 and has grown rapidly since then. The company is based out of the city of Akron, Ohio.

KKR drew its investment in RVshare from its ‘Next Generation Technology Growth Fund II’, a $2.2 billion fund that the private equity firm closed in January this year.

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