NEW YORK, NY, Tentrr announced it has completed an $8 million Series A financing round.
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Tentrr, a consumer technology marketplace that connects landowners with people seeking to effortlessly enjoy and explore the great outdoors, announced it has completed an $8 million Series A financing round led by West Venture Partners with new investment from Obvious Ventures. Prior investors including Great Oaks Venture Capital, Halogen Ventures, Rivet Ventures and WorldQuant Ventures also participated in the round.
"We are thrilled to lead the Series A round of Tentrr, a company that is revolutionary in how it reimagines not just camping but outdoor experiences, relationships, travel, and recreation. As a firm that specializes in consumer marketplaces, we are excited to help more individuals connect with nature and easily enjoy the outdoors," said Joanna Rees, founder and managing partner of West Venture Partners, who has joined the Tentrr Board of Directors.
Founded by adventurer and former investment banker Michael D'Agostino, Tentrr's marketplace is the new model for exploring the world sustainably while creating economic resilience in rural communities. Landowner hosts, called CampKeepers, not only share their land but also provide hyper-local experiences, artisanal goods and insider knowledge. Tentrr's signature high-quality camps are fully-equipped, already set up and designed to be used by those who have never slept outdoors, by experienced campers and by everyone in between. "Tentrr is one of the first companies to bring the sharing economy exclusively to rural communities. We are using technology to change the way people explore the world and redistributing the massive legacy campground industry so that rural residents can participate in the economics of outdoor discovery," said Founder and CEO, D'Agostino, who added, "We're also the first technology company that wants you to turn your screens off."
Tentrr has grown across the Northeastern United States, with locations ranging from southern Maine to eastern Pennsylvania. With new investment, and a comprehensive market creation and growth strategy designed in partnership with West, Tentrr is redefining outdoor recreation with one-of-a-kind outdoor experiences that will now extend to the West Coast.
"We are thrilled to partner with such an outstanding group of investors, whose collective track record of building disruptive consumer technologies and marketplaces will be instrumental as we work to seamlessly connect people with thousands of beautiful places on millions of acres that were never before accessible to anyone but the landowners," said D'Agostino.
In addition to the Series A funding, Tentrr's investors include some of the most notable consumer marketplace entrepreneurs and industry experts including Shan-Lyn Ma (Zola) and Scott Cutler (Ebay), as well as Tribeca Venture Partners, which led all seed investments in the company.
About Tentrr: Tentrr is a NYC-based technology company building the largest peer-to-peer marketplace of campsites on privately-owned land and reinventing the infrastructure of how people enjoy the great outdoors. Tentrr installs fully-equipped, high-quality individual campsite kits on beautiful pieces of property. Its dynamic search and booking platform makes experiential tourism dirt simple.
For more information visit www.tentrr.com
About West: West is a venture studio that specializes in the end-to-end process of designing, building, and launching purpose-driven brands. West invests in bold ideas and transforms visionary companies into category leaders.