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An Australian startup company that links holiday makers with private RVs for hire has been valued at $10 million two years after its launch, the Daily Mail reported.

Camplify has gone from strength to strength since attracting investors through NRMA and Slingshot’s Jumpstart Accelerator Program in 2014 and are now defying the odds to deliver 20% business growth month on month.

With most RV owners estimated to only use their motorhome for six weeks of the year, Camplify’s founder Justin Hales realized the untapped potential hidden in some 500,000 garages across the nation and worked out how to link owners and holidaymakers in a similar way to Airbnb.

The peer-to-peer sharing website allows RV owners to log on and advertise their motorhome or towable RV for rent online.

Holidaymakers can then log on and search for a price, location and style of RV to suit their needs.

Trailers can be rented for between $280 and $630 a week, while a luxury motorhome will set you back between $840 and $2,100 each week

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