Wrapmate

Overview

Wrapmate is an innovative platform specializing in vehicle wrap design, production, and installation across the United States. Founded with the aim to simplify and revolutionize the vehicle graphics industry, Wrapmate provides business owners and consumers with a digital marketplace to manage their vehicle graphics projects. Based in Greenwood Village, Colorado, Wrapmate's impressive growth has been supported by significant investments, including a recent $16 million funding round led by JettyCove. The company is helmed by CEO Chris Loar, who has steered the company towards substantial expansion and technological integration.

Recent Developments

  • June 2024: Wrapmate secured a $16 million investment from JettyCove, aimed at accelerating its range of product offerings, enhancing customer experiences, and expanding its national network of installers (source).
  • April 2023: Wrapmate announced a strategic, majority investment in Wrapify, a key player in the rideshare advertising sector. This acquisition is part of Wrapmate’s strategy to offer a broader suite of services and gain a competitive edge in the market (source).
  • February 2024: Following the investment by JettyCove, Wrapmate emphasized expanding its network to over 2,000 vehicle wrap installers nationwide. The firm's strategy includes developing technology-driven solutions to streamline vehicle wrap purchases (source).
  • April 2023: The acquisition of Wrapify also enabled Wrapmate to integrate advanced audience targeting solutions within its offerings, enhancing its capability to serve advertisers (source).

Company Information

AttributeInformation
Founding DateUnknown
HeadquartersGreenwood Village, Colorado, USA
FoundersChris Loar
RevenueNot publicly available
ProfitsNot publicly available
Key InvestorsJettyCove
IndustryVehicle Graphics and Advertising
Number of EmployeesGrew by 74% last year

Early History

Wrapmate entered the vehicle graphics industry with the goal of removing traditional barriers associated with vehicle wrap installation. Initially, the company focused on creating a technology-driven marketplace that simplified the vehicle wrap process for end-users. Wrapmate quickly established partnerships with top manufacturers and installers, expanding their network nationwide. The company's innovative digital platform allowed customers to visualize their designs before production, a significant milestone in an industry known for its complexity and inefficiency.

Company Profile and Achievements

Wrapmate is recognized for transforming the vehicle graphics space through its technology-enabled solutions. Some key aspects of its business model and achievements include:

  • Digital Platform: Wrapmate offers an all-in-one solution that allows users to design, order, and finance vehicle wraps efficiently.
  • Strategic Partnerships: The platform collaborates with prominent manufacturers like 3M, broadening its reach and ensuring high-quality output across all projects (source).
  • Innovative Products: Wrapmate's acquisition of Wrapify broadened its product range by adding rideshare advertising to its portfolio.
  • Network Expansion: With over 2,000 vetted installers, Wrapmate ensures nationwide service coverage, catering to diverse client needs.

Current Operations and Market Position

Currently, Wrapmate stands out as a leader in the vehicle graphics industry, boasting an expansive operational network and advanced technological infrastructure. The firm leverages its substantial installer network to serve businesses across the US, providing vehicle wraps for commercial fleets, franchise vehicles, and rideshare services. This has positioned Wrapmate prominently within its niche, allowing it to capture significant market share.

Conclusion

Wrapmate's trajectory in the vehicle graphics industry reflects a company at the forefront of innovation and customer-centric solutions. Through strategic investments and acquisitions, Wrapmate continues to expand its offerings, cementing its market position as a leader. With ongoing technological enhancements and a growing installer network, Wrapmate is well poised for sustained growth and influence in the coming years.