Last month, the happy campers behind Camptoo raised €236.000 through crowdfunding in only five days. That amount has almost tripled to a whopping €656.750 now that the campaign is closed after just a month. The big investment in the camper and caravan sharing platform shows the popularity of crowdfunding platforms and the sharing economy is still very popular among investors and consumers.
Camptoo started their crowdfunding campaign on Oneplanetcrowd, a platform where investors can become co-owners through a convertible loan. The money (300 percent of the target amount) comes from a total of 300 new co-owners who invested in the company. With the money, Camptoo will expand abroad to countries like Belgium, Spain, Sweden and the United Kingdom – countries that are very popular among motorhome enthusiasts. The startup will also add a service to pick up the rented camper or caravan directly at the airport.