Vinted, an e-commerce platform, is the largest online international C2C marketplace in Europe focused on second-hand fashion, with over 80 million registered members across 20 markets in Europe and North America. The company's mission, as encapsulated by its slogan "Making second-hand the first choice worldwide," aims to encourage sustainable fashion choices by facilitating the buying and selling of second-hand clothing and lifestyle items. Vinted Go, a subsidiary brand, is dedicated to developing innovative shipping and delivery solutions across Europe, connecting more than 40 carriers and over 200,000 PUDO points. Founded in 2008 in Lithuania, Vinted achieved unicorn status in 2019, boasting a headquarters in Vilnius and additional offices in Amsterdam, Berlin, Hamburg, Kaunas, and Prague. The company, which has over 1,800 employees, has garnered support from prominent venture capital firms including Accel, Burda Principal Investments, EQT Growth, Insight Partners, Lightspeed Venture Partners, and Sprints Capital. Their most recent investment came from FJ Labs in a secondary market investment on 26 May 2021. Vinted showcases impressive growth and potential, especially within the sustainable fashion market. With its user base, innovative services, and strong financial backing, Vinted is positioned as a notable player in the e-commerce and fashion industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Debt Financing | €50.00M | 2 | ING Bank | 01 Dec 2023 |
Secondary Market | Unknown | 1 | 26 May 2021 | |
Series F | €250.00M | 6 | 12 May 2021 | |
Series E | €128.00M | 7 | 28 Nov 2019 | |
Series D | €50.00M | 5 | Hubert Burda Media | 29 Aug 2018 |