Wrapmate Completes Majority Investment in Wrapify
Wrapmate, an online platform for buying and selling wraps, has completed a majority investment in Wrapify, a marketing advertising agency that wraps rideshare vehicles, the companies announced.
The investment aims to allow the companies to provide for customers more effectively, the companies said, while also supporting a combined network of nearly 2,000 car wrap installers. The partnership will also offer vehicle wraps produced on 3M wrap film.
“With its patented technology and years of serving some of the largest brands on the planet, Wrapify is a pioneering company that brings scale and measurement to the Moving Out of Home (MOOH) space,” says Chris Loar, CEO and founder of Wrapmate. “The addition of Wrapify’s team, customer base, and world-class technology, strengthens and accelerates our overall mission of modernizing the historically overlooked and archaic vehicle graphics industry.”
“Wrapmate has done an incredible job over the last four years leveraging technology to change how people buy and sell vehicle wraps,” said James Heller, CEO and founder of Wrapify. “Our team has known Chris and Wrapate for years, and we’ve focused on similar operational obstacles. Now we can make better use of the 12-plus years of combined experience to delight our customers.”