Vinted (Secondary share sale)

Funding Details
Awarder
Inbox
Date Award
October 24, 2024
Vertical
E-commerce
Funding URL
View Funding Page
Premoney Valuation
$3,500,000,000
Valuation
$5,400,000,000
Funding Amount:
$367,000,000
Company Info
Traction
Vinted has reported record revenue growth of 61% in 2023 and has reached profitability for the first time.
Organizations Involved
Accel, EQT, Insight Partners, Lightspeed Venture Partners
Company Description
Vinted is a second-hand fashion marketplace that allows users to buy, sell, and swap clothing and accessories. The platform has expanded its offerings beyond fashion into electronics and has achieved significant revenue growth and profitability.
Market
Second-hand fashion marketplace
Location
Lithuania
Coinvestors
TPG, Baillie Gifford, FJ Labs, Hedosophia, Invus Opportunities, Manhattan Venture Partners, Moore Strategic Ventures
Links
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