Vinted
Vilnius-based online marketplace for second-hand clothing and other goods, operating across Europe with launches in the US and Australia in 2026. It reported 2025 revenue of 1.1 billion euros.
Industry: Second-hand online marketplace | Location: Vilnius, Lithuania | Founded: 2008 | Total Funding: USD 1.6B
About Vinted
Vinted is an online marketplace where members buy, sell and swap second-hand clothing and other goods. It is headquartered in Vilnius, Lithuania, and operates across Europe. Vinted says sellers pay no selling fees, buyers pay a Buyer Protection fee, and payment and shipping are built into the app.
Wikipedia reports that Vinted was founded in 2008 in Vilnius by Milda Mitkute and Justas Janauskas under the name Mano Drabuziai. Thomas Plantenga is chief executive of Vinted Group, and Adam Jay is chief executive of Vinted Marketplace, according to the company's 2026 releases.
The group has added payments and logistics services. Vinted Pay, launched in 2023 with an electronic money licence from the Bank of Lithuania, rolled out a wallet in January 2026 and received a UK electronic money licence from the Financial Conduct Authority on 16 March 2026. Vinted Go, its carrier service, operated in five markets in 2025: Belgium, France, the Netherlands, Portugal and Spain. Members have more than 500,000 pick-up and drop-off points across Europe. In 2025 it launched in Latvia, Estonia and Slovenia, opened in New York on 22 January 2026 and launched in Australia on 1 July 2026. Wikipedia lists acquisitions of United Wardrobe in October 2020, the German platforms Kleiderkreisel and Mamikreisel in November 2020, and Trendsales in 2024.
Unquote lists earlier rounds led by Accel in 2013, Insight and Accel in 2014, Burda in 2015 and Sprints Capital in 2018. Lightspeed Venture Partners led a 128 million euro round in November 2019 that valued Vinted at more than one billion euros. EQT Growth led a 250 million euro round in May 2021 at a pre-money valuation of 3.5 billion euros. On 27 April 2026 Vinted announced a secondary share sale of 880 million euros at an equity value of 8 billion euros, led by EQT; Vinted received no proceeds.
For 2025 the company reported marketplace sales of 10.8 billion euros, up 47 percent, revenue of 1.1 billion euros, adjusted EBITDA of 151 million euros and net profit of 62 million euros.
Leadership
- Thomas Plantenga, Chief Executive Officer, Vinted Group
- Adam Jay, Chief Executive Officer, Vinted Marketplace
- Modestas Tursa, Vice President of Payments
- Carolina Brochado, Board member; Partner, EQT