# Hipcamp

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hipcamp

- Industry: Internet
- Headquarters: San Francisco, US
- Website: www.hipcamp.com
- Total disclosed funding: $94M
- Latest round: Series C (Jan 7, 2021)
- Investors on record: 13

## About

Hipcamp, Inc. is an innovative camping platform that connects outdoor enthusiasts with diverse camping sites, offering an extensive selection of unique accommodations and experiences across the United States.Founded in 2013 in San Francisco, US, Hipcamp, Inc. provides a platform for booking camping sites, which includes over 500,000 listings. The company was co-founded by Alyssa Ravasio and Lara Aktay. Under the leadership of CEO Alyssa Ravasio, Hipcamp has successfully raised a total of USD 57.43 mn in its Series C funding round on January 7, 2021, co-led by Bond and Index Ventures, bringing its current valuation to USD 333.71 mn.Hipcamp is a leading camping platform that primarily offers an extensive range of camping site reservations across diverse settings, from national parks to unique private locations such as blueberry farms. The core product is the Hipcamp app, designed to streamline the process of finding and booking campsites, with a catalog of over 500,000 listings. Users can filter options based on camping styles, access comprehensive maps, and read genuine reviews to inform their choices. The platform serves a diverse clientele, including outdoor enthusiasts, families seeking recreational activities, and individuals looking for unique getaways. Hipcamp's services are available across various geographical markets in the United States, catering to campers seeking both traditional and innovative camping experiences.Hipcamp generates revenue through a commission-based model where hosts of campsites pay a percentage of the booking fees to the platform for facilitating reservations. This structure allows for a direct-to-consumer approach, with transactions occurring between users and campsite hosts. Customers can book through the app, and the revenue from each transaction supports not only the platform but also the individual hosts who offer their spaces. While specific pricing plans for campsite bookings are not detailed, the app’s design ensures a seamless experience for both users and hosts, facilitating a diverse array of camping options that cater to various budgets and preferences. The revenue model underscores Hipcamp's commitment to connecting campers with unique outdoor experiences while providing income opportunities for landowners.In January 2021, Hipcamp, Inc. raised USD 57.43 mn in Series C funding, which will support its strategy for future growth. The company plans to enhance its platform with new features and services aimed at improving the user experience. Hipcamp is also focusing on expanding its services into new markets across the United States, targeting both urban and rural areas to reach a broader customer base. The recent funding will be utilized to develop these initiatives and enhance marketing efforts to attract more users.

## Funding rounds

- Series C, Jan 7, 2021, $57M — Index Ventures, Bond
- Series B, Jul 24, 2019, $25M — Benchmark, August Capital, Indie Enterprises, Andreessen Horowitz, Yes VC
- Series A, Jun 1, 2018, $9.5M — Benchmark
- Seed, Jan 7, 2016 — Slow
- Seed, Sep 12, 2014, $2M — Indie Enterprises, Slow, AngelList, Upslope Ventures, Maiden Lane, New Coast Ventures, Marc Bell Capital

## Investors

- Indie Enterprises (https://capitalatlas.ai/funds/indie-enterprises) — Seed, Series B
- Slow (https://capitalatlas.ai/funds/slow) — Seed
- AngelList — Seed
- Upslope Ventures (https://capitalatlas.ai/funds/upslope-ventures) — Seed
- Maiden Lane (https://capitalatlas.ai/funds/maiden-lane) — Seed
- New Coast Ventures — Seed
- Marc Bell Capital (https://capitalatlas.ai/funds/marc-bell-capital) — Seed
- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series A, Series B
- August Capital (https://capitalatlas.ai/funds/august-capital) — Series B
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series B
- Yes VC (https://capitalatlas.ai/funds/yes-vc) — Series B
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Series C
- Bond (https://capitalatlas.ai/funds/bond) — Series C