The company intends to use the funds to advance product development, continue market expansion, and grow the team. Carvolution offers a service where the end consumer needs time and trust to invest. The team built a proper lead funnel and a trustworthy brand to guide potential customers during the purchase process. By joining forces with Ringier’s media power, Carvolution can push its branding efforts to become top of mind for potential customers as a new brand.

The media investments are currently being deployed, and results will be available in the following years.