Vilnius-based consumer-to-consumer second-hand fashion platform Vinted raises €250 million

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Lithuanian consumer-to-consumer second-hand fashion platform Vinted has raised €250 million in a Series F round led by EQT Growth. The round also saw participation from previous investors AccelBurda Principal InvestmentsInsight PartnersLightspeed Venture Partners, and Sprints Capital, and provides the company a pre-money valuation of €3.5 billion. As part of the deal, EQT’s Carolina Brochado will join the board at Vinted. “Vinted is transforming the second-hand fashion market across Europe through their customer-centric approach and extraordinary execution,” comments Brochado.

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