Funding

Indie Campers funding news – Lisbon-based Indie Campers Secures €35 Million in Funding

Jul 17, 2024 | By Startup Rise EU

Global RV rental platform Indie Campers secures €35 million in funding. Indico Capital Partners led the round with the participation of Cedrus and GED Ventures.

Global RV rental platform Indie Campers secures €35 million in funding. Indico Capital Partners led the round with the participation of Cedrus and GED Ventures.

Since its founding, the company has expanded quickly, and today it operates a fleet of more than 7,000 RVs across more than 20 countries and three continents. With its global headquarters situated in Lisbon, Portugal, Indie Campers employs over 500 people and plans to make substantial investments in order to fortify and expand its workforce.

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Even though the business has been successful from its founding, the recently secured capital will be crucial to sustaining its quick expansion and innovation. The funds will be utilised to support the technological advancement of Indie Campers' digital platform, which will streamline operations and improve customer satisfaction. The company's goals include growing its customer base internationally, introducing new goods and services, and providing exceptional customer experiences.

CEO and Founder Hugo Oliveira said, "We're thrilled to strengthen our position as the leading global RV rental platform. This investment will allow us to accelerate the recruitment of top talent in areas such as product, tech, data, and marketing amongst others, which will be critical to ensure the long-term success of the company".

Stephan de Moraes, Managing General Partner at Indico Capital Partners, added: "We look forward to supporting Indie Campers. We have followed the company since its inception and are thrilled to have been invited to become shareholders side-by-side with the founder for this next growth phase. It's a remarkable story of grit and entrepreneurship originating from Lisbon and operating globally."

About Indie Campers

Established in 2013, Indie Campers provides adaptable and personalised Recreational Vehicle ("RV") travel choices via its user-friendly website and extensive global network of over 70 destinations.

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