Carvana announced a new funding round Wednesday morning that pushes its total funding toward half-a-billion dollars.

With the $160 million Series C funding, the online car retailer’s funding is now at $460 million.

Carvana said in a news release that it plans to put the latest round toward growth moves like the expansion of physical operations, opening Car Vending Machines in additional markets, hiring, technology investments and pushing its inventory to more than 10,000 company-owned cars by year’s end.

“We are incredibly excited to share that Carvana has officially closed its largest round of funding to date. That funding was secured through both existing and new investors, and is a testament to our team and the hard work everyone has put in to build Carvana into the brand it is today,” Carvana founder and chief executive officer Ernie Garcia said in the news release.

“We’re founded in the belief that consumers deserve a better, more efficient and transparent way to buy a car. People continue to enthusiastically respond to that idea, and our investors are wholeheartedly behind us in this mission,” he said. “With this funding, we’ll be able to continue meeting customer demand for the unique Carvana experience, and pursue our mission to revolutionize how people buy cars.”

Carvana’s latest move was adding a physical operation in Washington, D.C., its sixth addition in the last five months. It plans to add “several more” later this year.