Motorhome portal Paulcamper sold for 31 million euros

Listed Australian competitor Camplify takes over the Berlin start-up.

The listed Australian camping portal Camplify has acquired the Berlin-based start-up Paulcamper for 31 million euros, reports Gründerszene.

Private individuals can rent caravans and camper vans on Paulcamper. The coronavirus pandemic triggered a boom in the camping market. Apparently a profitable time for the Berlin founders to exit.

According to Gründerszene, the new owner Camplify is paying out part of the 31 million euros in shares. In addition, the shareholders of the Australian portal are to invest a further 5.5 million euros in the German company.

Berlin-based Dirk Fehse founded Paulcamper back in 2013. Over the years, various investors have joined the start-up, including the media companies Russmedia and Mairdumont, the Norwegian classifieds portal Adevinta, the New York-based investor FJ Labs and the Spanish VC All Iron Ventures. In total, Paulcamper has raised several rounds of financing, according to start-up scene more than eleven million euros.