BurdaPrincipal Investments
29/08/2018

Capital for continued growth: 50 million investment for Vinted

Vinted, Europe's largest marketplace for used fashion and accessories, today closed another financing round with a total volume of 50 million euros. Hubert Burda Media has been invested in Vinted since 2015 and, together with other existing investors such as Insight Venture Partners, is participating in the round led by Sprints Capital.


Vinted has built a phenomenal platform for pre-loved fashion. They have put themselves into a unique position with consumers, have built a strong brand, and have built technology that is second to none.”

Martin Weiss, Board Member of Hubert Burda Media


The new financing round accompanies the company, which now operates in nine markets, in an extraordinary growth phase: Since 2016, Vinted has increased sales 11-fold.


"Martin Weiss of Burda has been a very strong support during the turn-around helping the team to get where we are."

Thomas Plantenga, CEO of Vinted


Vinted has offices in Berlin, Vilnius (Lithuania), Warsaw and Prague and employs more than 200 people.

PDF
More images & downloads

Martin Weiss, Burda board member

Related articles
Social Purpose Companies
6 inherent competitive advantages that help social purpose start-ups thrive
Social Purpose Companies
6 inherent competitive advantages that help social purpose start-ups thrive

From their work with purpose-led start-up teams, BurdaPrincipal Investments have made some observations where social purpose provides start-ups with distinctive competitive advantages.

BurdaPrincipal Investments
Burda continues to support used-car marketplace Carsome
BurdaPrincipal Investments
Burda continues to support used-car marketplace Carsome

Hubert Burda Media today announced a follow-on investment in Carsome, Southeast Asia’s largest integrated car e-commerce platform.

BurdaPrincipal Investments
Burda invests in Asian Food Delivery Service Hungry Panda
BurdaPrincipal Investments
Burda invests in Asian Food Delivery Service Hungry Panda

BurdaPrincipal Investments, the growth capital arm of media and tech company Hubert Burda Media, has today announced an investment in Hungry Panda, the leading specialised online Asian food delivery market.