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