Inc. Magazine has recognized Outdoorsy, the outdoor travel marketplace, as one of the top Travel & Hospitality companies in the 2023 Inc. 5000, an annual list of the fastest-growing private companies in America.
The honor comes after Outdoorsy achieved profitability and surpassed 1 million booked trips, or 7 million nights of booked travel, in June.
On Aug. 1, Outdoorsy exceeded $3 billion in total transactions, up from the most recent milestone of $2 billion in total transactions hit in October 2022. The total effectively doubled its growth rate from 2021 to 2022.
The Outdoorsy marketplace has seen bookings jump by 100% from 2019 to 2022 – the time assessed by Inc. – with 76% of those bookings attributed to first-time visitors to Outdoorsy.com. Another key to Outdoorsy’s growth can be attributed to its insurtech, Roamly, which underpins the Outdoorsy marketplace and is currently growing faster than 100% YoY.
Outdoorsy co-founder and CEO Jeff Cavins said: “We are honored to be recognized in this year’s Inc. 5000. We consistently seek ways to make outdoor experiences easier and inclusive for all, which means innovating new ways for individuals to restore their connection with both nature and one another.”
Outdoorsy VP of People Cindy Strong said: “The company’s steadfast dedication to prioritizing customer delight has led to the introduction of our proprietary branded campground destinations. Pioneering this initiative, we proudly present Outdoorsy Bayfield in Colorado and Outdoorsy Yosemite in California — the first destinations in our campground portfolio. This fall, we will also debut our highly anticipated Texas-based glamping retreat, Outdoorsy Hill Country.”
The news follows Outdoorsy being named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2023 in March, landing the No. 4 spot in the Travel and Hospitality sector and joining the ranks of global companies such as OpenAI, Airbnb and Canva.