preloader

Outdoorsy Considering IPO Later This Year

Austin, Texas-based RV rental company Outdoorsy could go public by the end of this year, people familiar with the situation told Bloomberg on Friday (Sept. 10), adding that the company is working with Goldman Sachs Group Inc. on a potential filing ahead of an IPO potentially worth $1 billion or more.

Outdoorsy held “advanced merger discussions” with some special-purpose acquisition companies (SPACs) earlier this year, according to the Bloomberg report, but instead focused on raising money through fundraising. Terms of the deal may change, and there have been no final decisions on whether Outdoorsy will pursue an IPO. Bloomberg received no comment from Outdoorsy or Goldman on the matter.

Outdoorsy raised $90 million in equity from investors including SiriusPoint Ltd., Moore Strategic Ventures, ADAR1 Partners, Monashee Capital and Convivialite Ventures, the venture arm of Pernod Ricard SA. Existing investors Altos Ventures, iAngels and Greenspring Associates also participated.

Topics

Recent Instagram posts

Get insider access to iAngels' top stories
by joining our mailing list

Get insider access to
iAngels' top stories
by joining our mailing list

Skip to content