Vinted has raised $526.0M in total across 4 funding rounds.
Vinted's investors include Founder Collective, Insight Partners, Stellar Capital, Smash Capital.
Vinted is a leading online C2C marketplace for second-hand clothing, accessories, and expanding categories like kids' items, luxury goods, pet accessories, books, and video games, serving over 75 million members primarily in Europe.[1][2][4] It solves the problem of closet clutter and unsustainable fast fashion by enabling users to easily sell unwanted items and buy unique, affordable pre-loved pieces, promoting circular economy principles with the mission to "make second-hand the first choice worldwide."[1][3][4] Key growth includes unicorn status in 2019 at $1B+ valuation, a 2024 secondary sale at €5B valuation, and over €1B in 2022 transactions, with no seller fees to boost listings and liquidity.[1][5]
Vinted was founded in 2008 in Vilnius, Lithuania, by Milda Mitkutė and Justas Janauskas after Mitkutė faced a closet overflow during a move, prompting Janauskas to build a simple website for her to trade clothes with friends—initially a forum-style MVP limited to Lithuanian women.[1][2][3][4] Early traction came via word-of-mouth, leading to a 2009 Germany launch and rapid European expansion (e.g., Czech Republic in 2011, France/Poland/Austria/USA in 2013, UK in 2014).[1][2] Pivotal moments include a 2012 mobile app partnership boosting traffic 30%, 2019's €128M Series E making it Lithuania's first unicorn, acquisitions like Chicfy (2019) and Rebelle (2022), and B2B pivot with Vinted Go in 2022.[1][2]
Vinted rides the circular economy and sustainable fashion wave, fueled by consumer shifts toward affordability amid inflation, environmental awareness, and anti-fast-fashion sentiment, with second-hand markets surging (e.g., France as top market).[1][5] Timing aligns with post-pandemic e-commerce boom and EU green policies favoring re-commerce, positioning Vinted as Europe's largest C2C fashion platform ahead of rivals like eBay or Depop.[2][5][6] It influences the ecosystem by launching Vinted Ventures in 2025 for re-commerce startups, expanding B2B via Vinted Go, and normalizing pre-loved goods, potentially reshaping retail toward longevity over disposability.[1]
Vinted's trajectory points to deeper globalization, B2B scaling (e.g., Vinted Go in more markets), and re-commerce investments via its 2025 Ventures arm, capitalizing on €5B valuation momentum.[1] Trends like AI-driven personalization, luxury verification expansion, and regulatory tailwinds for sustainability will propel growth, though competition from ThredUp or Shein resale could test dominance. As Europe's re-commerce leader, Vinted exemplifies how a simple closet-clearing idea pioneers a trillion-dollar shift to second-hand first.
Vinted has raised $526.0M across 4 funding rounds. Most recently, it raised $300.0M Series F in May 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2021 | $300.0M Series F | Founder Collective, Insight Partners, Stellar Capital | |
| Nov 1, 2019 | $140.0M Series E | Founder Collective, Insight Partners, Stellar Capital | |
| Aug 1, 2018 | $59.0M Series D | Founder Collective, Insight Partners, Stellar Capital | |
| Jan 1, 2014 | $27.0M Series B | Smash Capital |
