Vinted , the Lithuania-based second-hand fashion marketplace, is making headlines as it explores a landmark secondary share sale that could value the fast-rising company at around €8 billion ( $9.27 billion ).
This move comes at a pivotal moment for the European resale giant as it looks to reward early investors and fund its continued expansion into new markets and verticals, reflecting its prominent role in reshaping how consumers approach circular fashion. Vinted’s Growth Trajectory: From Local Startup to
Global Resale Leader Vinted was founded in 2008 in Vilnius, Lithuania, as a local clothes-swapping platform. In the years since, it has transformed into Europe’s largest resale platform , diversifying its offerings to include not only fashion but also electronics , books , toys , and video games .
The brand’s evolution mirrors a broader consumer shift toward sustainable shopping, with the resale market expected to continue outpacing traditional retail in growth across the continent.
Early Vinted backers, including investment groups such as Accel, Insight Partners, EQT, Lightspeed Venture Partners, and Sprints Capital , were critical to the brand’s early success. Their bet on consumer-to-consumer resale, bolstered by a seamless tech platform, has been rewarded with substantial growth and profitability.
The most recent fundraising round in October 2024 valued Vinted at €5 billion , with that secondary share sale led by institutional investor TPG , alongside core backers like Baillie Gifford , Accel , EQT , and Lightspeed…
