The open-air tourism market was growing significantly before COVID 19 and has exploded in popularity because of it.
The Total Addressable Market for campsite bookings is in excess of £15 billion annually and the wider open air tourism market is worth around £200 billion annually.
Incredibly, unlike Booking.com for Hotels, Airbnb for self-stays and Hostel World for the backpacker market, there is no household brand name or global B2C platform to book every camping and open-air holiday experience around the world.
This is the problem Campsited.com is solving. In doing so Campsited will be the first full-service open-air holiday platform.
And with a leadership team that boasts vast C-Suite and senior management experience from companies including Expedia, Lastminute.com, Amazon, Ryanair, Citi Bank, IBM, HSBC and Vodafone; and already has over £170 million in bookable campsite inventory (across 18 countries) on its platform, Campsited is well positioned to achieve this.
Campsited’s strategy is to be with its customers at every step of their journey. Helping them find and book a great campsite, get to and from their campsite, book things to do when on holiday, and provide insurance for their loved ones, camper vans, belongings and even their pets.
Backed by Motley Fool Ventures (USA) and the Irish Government through Enterprise Ireland, and having already raised £3m of early funding, Campsited grew revenues by 5x in 2020 and is on track to grow revenue by a further 3x in 2021.
The company is now rapidly scaling its revenue growth with an intense customer acquisition strategy and closing off a second round of funding to accelerate this growth.
Already, more than £1m of the current £1.35m EIS funding round has been raised (including further investment from both Motely Fool Ventures and Enterprise Ireland), with circa £350k available.
If you would like to learn more about this company, please click here.