Hipcamp

Hipcamp

Online platform for booking unique camping experiences

About

Hipcamp provides a platform for booking unique camping experiences, connecting campers with over 300,000 campgrounds, including traditional tent sites, RV parks, and glamping options like cabins and treehouses. Campers can search, book, and review these sites, while landowners can list their properties on the platform. Hipcamp operates in the outdoor recreation and travel sector, which has gained popularity as people look for safe vacation options. The company generates revenue through service fees charged to both hosts and campers, ensuring that it benefits from both sides of the transaction. This marketplace model allows Hipcamp to offer a diverse range of camping experiences, catering to various preferences and needs, making it distinct from competitors.

Company Stage

Series C

Employees

51-200

Industries

Consumer Goods, Entertainment

Total Funding

$94.8M

Headquarters

San Francisco, California

Founded

2013


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Simplify's Take

What believers are saying

  • The partnership with REI Co-op and the 'Summer of Magic Campout Series' significantly boosts Hipcamp's visibility and accessibility, attracting a broader audience.
  • Hipcamp's rapid year-on-year traffic growth of over 75% in the U.S. indicates strong market demand and potential for continued expansion.
  • Innovative features like the Fall Foliage Map and Hipcamp Alerts enhance user experience and engagement, making the platform more attractive to campers.

What critics are saying

  • The outdoor travel market is highly competitive, with new entrants like Sēkr potentially eroding Hipcamp's market share.
  • Dependence on partnerships, such as those with Subaru and REI, could pose risks if these collaborations do not yield expected results or are discontinued.

What makes Hipcamp unique

  • Hipcamp's marketplace model uniquely connects campers with a wide range of camping experiences, from traditional tent sites to glamping options, unlike competitors who may focus on a narrower segment.
  • The partnership with Subaru to launch EV-ready road trip routes highlights Hipcamp's commitment to sustainability and innovation in the outdoor travel sector.
  • Hipcamp's dual-fee structure ensures revenue from both hosts and campers, aligning its interests with both parties and providing a scalable business model.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

-11%

Benefits

Medical, dental, & vision insurance

Stock options

Monthly wellness stipend

$1k in Hipcash

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