Founded in 2008 in Vilnius by Milda Mitkute and Justas Janauskas, Vinted began as a clothing exchange platform and expanded into categories including electronics, books, toys, and video games across multiple European markets and beyond. The company combines its core marketplace with an integrated ecosystem of shipping and payments services, including offerings such as Vinted Go and Vinted Pay. Vinted has scaled into a large marketplace, became Lithuania’s first tech unicorn, and reports a profitable business with sustained cash flow. Because of its cash-generative position, the company has funded growth from existing resources and did not issue new primary capital in the recent transaction. Vinted aims to continue expanding its reach geographically and to support broader adoption of second-hand consumption. The company used the recent secondary share sale to provide liquidity to shareholders and employees and to strengthen its long-term institutional investor base.

Total raised

$563M

Funding rounds

6

Latest round

Series F

Latest activity

May 2021