Vinted

Vilnius, Lithuania Founded: 2008 • Age: 18 yrs
Pre-owned fashion products are sold via an online marketplace.
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About Vinted

Vinted is a company based in Vilnius (Lithuania) founded in 2008 by Milda Mitkute, Mantas Mikuckas, and Justas Janauskas.. Vinted has raised $872.04 million across 7 funding rounds from investors including Accel, Lightspeed Venture Partners and TPG. Vinted has completed 3 acquisitions, including Chicfy, Trendsales and United Wardrobe. Vinted operates in a competitive market with competitors including Depop, Mädchenflohmarkt, United Wardrobe, Videdressing and ReSEE.com, among others.

  • Headquarter Vilnius, Lithuania
  • Founders Milda Mitkute, Mantas Mikuckas, Justas Janauskas
  • Stage Unicorn
  • Sectors
    Retail
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Vinted Limited
Operational Areas
Retail → Fashion & Retail Innovation
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $872.04 M (USD)

    in 7 rounds

  • Latest Funding Round
    $366.67 M (USD), Series F

    Oct 24, 2024

  • Investors
    Accel

    & 14 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Chicfy

    & 2 more

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Funding Insights of Vinted

Vinted has successfully raised a total of $872.04M across 7 strategic funding rounds. The most recent funding activity was a Series F round of $366.67 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 7
  • Last Round Series F — $366.7M
  • First Round

    (10 Jul 2013)

  • Investors Count 15
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2024 Amount Series F - Vinted Valuation TPG
May, 2021 Amount Series F - Vinted Valuation EQT
Nov, 2019 Amount Series E - Vinted Valuation Lightspeed Venture Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Vinted

Vinted has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Accel, Lightspeed Venture Partners and TPG. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Fund of funds focused on pre-seed and seed-stage companies
Founded Year Domain Location
Investments in growth-stage companies are made by Hedosophia.
Founded Year Domain Location
Long-term private equity investments in transformational opportunities are pursued.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Vinted

Vinted has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Chicfy, Trendsales and United Wardrobe. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Second-hand fashion is traded in a community-based online marketplace.
2013
Secondhand fashion items are exchanged via a social marketplace platform.
2013
Second-hand and new clothing is offered via an online marketplace.
2002
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Vinted

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Vinted Comparisons

Employees
+
Add Comparison
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Competitors of Vinted

Vinted operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Depop, Mädchenflohmarkt, United Wardrobe, Videdressing and ReSEE.com, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Pre-owned fashion products are traded via an app-based marketplace.
domain founded_year HQ Location
Pre-used fashion items are sold via an online marketplace platform.
domain founded_year HQ Location
Secondhand fashion items are exchanged via a social marketplace platform.
domain founded_year HQ Location
Pre-owned fashion products are traded via an online community marketplace.
domain founded_year HQ Location
Multi-category second-hand fashion items are resold online.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Vinted

Frequently Asked Questions about Vinted

When was Vinted founded?

Vinted was founded in 2008 and raised its 1st funding round 5 years after it was founded.

Where is Vinted located?

Vinted is headquartered in Vilnius, Lithuania.

Who is the current CEO of Vinted?

Thomas Plantenga is the current CEO of Vinted.

Is Vinted a funded company?

Vinted is a funded company, having raised a total of $872.04M across 7 funding rounds to date. The company's 1st funding round was a Series E of $141M, raised on Jul 10, 2013.

What does Vinted do?

Vinted was founded in 2008 in Vilnius, Lithuania, as an online marketplace focused on pre-owned fashion items. Operations center on a catalog featuring dresses, shoes, t-shirts, tops, jackets, coats, pants, shorts, skirts, jewelry, scarves, caps, and similar accessories. The platform connects buyers and sellers across Europe, with leadership provided by CEO Thomas Plantenga and co-founders Milda Mitkute, Mantas Mikuckas, and Justas Janauskas. Transactions are facilitated digitally without physical stores.

Who are the top competitors of Vinted?

Vinted's top competitors include Depop, United Wardrobe and Mädchenflohmarkt.

How many acquisitions has Vinted made?

Vinted has made 3 acquisitions, including Chicfy, Trendsales, and United Wardrobe.

Who are Vinted's investors?

Vinted has 15 investors. Key investors include Accel, Lightspeed Venture Partners, TPG, EQT, and Baillie Gifford.

What is Vinted's valuation?

The valuation of Vinted is $4.5B as of May 2021.

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