hipcamp
Financials
Estimates*
USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|---|
Revenues | 11.0m | 15.6m | 15.6m | 21.1m | 27.0m | 27.0m |
% growth | - | 42 % | - | 35 % | 28 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Seed | ||
$2.0m | Seed | ||
N/A | Seed | ||
$4.0m | Seed | ||
$9.5m | Series A | ||
$25.0m Valuation: $102m | Series B | ||
$57.0m Valuation: $300m | Series C | ||
Total Funding | AUD151m |
Recent News about hipcamp
EditHipcamp is a startup that operates in the outdoor recreation and travel industry, providing a platform for booking unique camping experiences. The company connects campers with over 300,000 campgrounds, including traditional tent sites, RV parks, glamping options (like cabins, yurts, and treehouses), and more. Hipcamp serves a diverse clientele ranging from solo travelers and families to groups and pet owners, catering to various preferences and needs.
The market Hipcamp operates in is the growing outdoor recreation and travel sector, which has seen increased interest, especially post-pandemic, as people seek safe and socially distanced vacation options. The company’s business model is based on a marketplace approach, where it acts as an intermediary between landowners (hosts) and campers. Hosts can list their properties on Hipcamp, and campers can search, book, and review these sites through the platform.
Hipcamp generates revenue by charging service fees on bookings made through its platform. This includes a percentage fee from the hosts for each booking and a service fee from campers. This dual-fee structure ensures that Hipcamp benefits from both sides of the transaction, aligning its interests with both hosts and campers.
In summary, Hipcamp is a dynamic player in the outdoor travel market, leveraging a marketplace model to connect campers with unique and diverse camping experiences. Its revenue is driven by service fees from both hosts and campers, making it a scalable and sustainable business.
Keywords: camping, glamping, RV parks, outdoor travel, marketplace, hosts, campers, booking platform, service fees, unique experiences.