Vinted Reaches €8B Valuation After €880M Secondary Share Sale

The deal helps early investors and employees cash out some of their shares, while also bringing in strong long-term investors. Existing backers like EQT invested more, and new investors include BlackRock, Lombard Odier Investment Managers, and Pinegrove Opportunity Partners. The round saw very high demand.

Founded in 2008 in Vilnius by Milda Mitkute and Justas Janauskas Vinted began as a platform for exchanging clothes and later expanded into electronics books, toys and games. It became Lithuania’s first tech unicorn and now operates across many European countries.

Vinted has built a profitable business with its own shipping and payment services. After being valued at around €5 billion in 2024 it expanded into Latvia, Estonia, and Slovenia in 2025, reaching 26 countries. With strong cash flow it continues to grow without needing to raise new funds.

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Its ecosystem includes logistics and payments solutions like Vinted Go and Vinted Pay, designed to make second-hand transactions more efficient and accessible.

With a strong financial position and established market presence Vinted aims to continue expanding its reach while supporting the broader shift toward second hand consumption.

Thomas Plantenga, CEO of Vinted Group, said: “This transaction and valuation reflect the progress we’ve made building Vinted into what it is today - a proven marketplace embedded in an ecosystem of vertically integrated shipping and payments infrastructure, designed to make second-hand reliable, easy and affordable at scale. This transaction recognises the value we have created and gives employees the opportunity to share in it. It also gives liquidity to long-standing investors, continuing an approach we have taken in every funding round since 2015.

Online second-hand is growing faster than general e-commerce. We have built the fundamentals in Vinted Marketplace, Vinted Go and Vinted Pay so we are well positioned to capture and drive this growth. Our opportunity remains large: shifting global consumption toward second-hand while building a world-leading business.”

About Vinted

Vinted is an online platform that helps people buy and sell second-hand clothes and everyday items. It encourages reuse by giving products a longer life while promoting more sustainable shopping and building a community around second-hand fashion.