Vinted

Vinted is a Lithuanian online marketplace and community that allows its users to sell, buy, and swap secondhand clothing items and accessories.

Vinted is shaking up everyday shopping habits and creating new personalized ways of buying, selling, and swapping clothes, accessories, and lifestyle items.

Vinted was founded in 2008 by Milda Mitkutė and Justas Janauskas. The company is based in Vilnius, Lithunia, with offices in Berlin, Warsaw, and Prague.

Vinted provides users a platform to sell their clothing and accessories, purchase or swap from other users, and communicate with members using the forums.

Vinted grew from a local website into a mobile-first community with 180 million products live on its platform, 25 million registered users in 11 markets. Vinted gets 15 thousand members joining every day. 

 

Vinted is backed by Lightspeed Venture Partners, Sprints Capital, Insight Venture Partners, Accel, Burda Principal Investments and others. The company raised €128M (around $140.9M) from a latest financing on Nov 27, 2019. This brings Vinted's total funding to $260.3M to date. The latest round also values the company at over $1B.

 

 

  • Year founded: 2008
  • Funding Info: $260.3M over 6 Rounds (Latest Funding Type: Series E)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at over $1B as of Nov 28, 2019
  • City/Town: Vilnius
  • State: Vilnius
  • Country: Lithuania
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