Outdoorsy, a global outdoor travel marketplace, has been recognized for the fourth year in a row as one of the largest and fastest-growing independently operated companies on the 2023 a16z Marketplace 100 list. The company recently ranked fourth in the “Travel and Hospitality” sector of Fast Company’s “Most Innovative Companies” list.
“We are proud to be recognized for the fourth year in a row,” said Jeff Cavins, Outdoorsy CEO.
Created by venture capital firm Andreessen Horowitz, the a16z Marketplace 100 list ranked Outdoorsy No. 29 overall, alongside Instacart, Valve, and Turo.
Outdoorsy’s marketplace is positioned at the intersection of travel and the wellness category. The company is rapidly expanding into new offerings that increase accessibility to the outdoors and improve health, well-being, and human connectedness, Outdoorsy said.
“We are proud to be recognized for the fourth year in a row as a marketplace leader by a16z. This further validates our belief in the power of marketplaces to offer consumers the widest choice, affordability, and access,” Cavins said. “As consumer spending shifts in the face of economic uncertainty, marketplaces are getting more innovative in how they create indispensable value and quality of experience.”
In the next year, Outdoorsy plans to expand hospitality offerings and introduce outdoor accommodations and campgrounds, the company said.
“We remain obsessive about serving our customers and using marketplace insights to give us an unmatched advantage in anticipating the travel needs of individuals and families everywhere,” Outdoorsy CMO and co-founder Jennifer Young said. “Because our mission to restore our relationship with the outdoors and each other is more important than ever, in a fast-changing and disconnected world.”
Outdoorsy was founded in 2015 and exceeded $2 billion in transactions in October 2022.
The company’s insuretech, Roamly, is growing faster than 240% year-over-year, the company said.
“This honorable ranking acknowledges the strength of our team,” Cavins said. “The power of working collaboratively, and the advantage that comes when we put our guests first.”
To learn more about Outdoorsy, click here.
