Vinted raised €340 million in a funding round led by TPG to expand into new markets and broaden its offerings beyond fashion.
Vinted raised €340 million in a funding round led by TPG to expand into new markets and broaden its offerings beyond fashion.
10/25/24, 7:54 AM
Location
vilniusMoney raised
€340 million
Industry
marketplace
fashion
e commerce
Investors
Insight Partners, Accel, Eqt, Moore Strategic Ventures, Manhattan Venture Partners, Fj Labs, Invus Opportunities, Baillie Gifford, Hedosophia, Tpg
Lithuanian second-hand marketplace Vinted has raised €340 million, reaching a valuation of €5 billion. The funding aims to support market expansion and the introduction of new services.
Company Info
Location
vilnius, vilnius county, lithuania
Additional Info
Vinted is a Lithuanian online marketplace for buying and selling second-hand items. The platform facilitates transactions between users, enabling them to earn commission fees. Vinted has experienced rapid growth and recently expanded its offerings beyond fashion to include categories like electronics. Committed to sustainability, Vinted aims to make second-hand shopping a mainstream choice globally.