Roadsurfer has secured €30 million in a recent financing round. Avellinia Capital (AvCap) is participating as an investor in the Munich-based company. According to the company, the London-based investment firm's financing covers the camper startup's entire fleet investments planned for 2025, thus securing further expansion of the fleet in existing markets in Europe and North America. With this investment, the Munich-based company intends to expand its fleet from 8,500 to around 10,000 vehicles without the use of additional growth capital.
“Unique positioning in the travel market”
Markus Dickhardt, co-founder and CEO of Roadsurfer, explains:
"The support and trust of a renowned investor like AvCap demonstrates our strong access to the capital markets and underscores the strength of our business model. We are very pleased to have completed this financing, which will enable us to optimize our offering for our customers and continue to focus on expanding our brand."
And Julian Schickel, Managing Partner at Avellini Capital, added:
"We are delighted to support Roadsurfer in this important growth phase. This transaction underscores AvCap's expertise in delivering tailored financing solutions for innovative companies with strong, asset-based growth potential. Roadsurfer's commitment to sustainability and its unique positioning in the travel market make the company an ideal partner for us."
Avellinia Capital is a private debt investment manager focused on asset-based specialty financing. This financing solution underscores AvCap's expertise in asset-based lending and in structuring innovative capital solutions for high-growth companies. By providing hybrid financing, AvCap is freeing up additional liquidity for Roadsurfer, enabling the Munich-based company to both expand its business operations and optimize its capital structure.
70 locations in 14 countries
Founded in 2016, Roadsurfer, with its core business – the rental and sale of campervans – is now represented at over 70 locations in 14 countries in Europe. In 2022, the Munich-based startup also expanded into the USAWith 'Roadsurfer Spots', Roadsurfer also aims to develop into a digital lifestyle travel brand in the growing global outdoor travel market.
