BurdaPrincipal Investments
29/08/2018

Capital for continued growth: 50 million investment for Vinted

None

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
BurdaPrincipal Investments
Neil Fong joins BurdaPrincipal Investments in Singapore
BurdaPrincipal Investments
Neil Fong joins BurdaPrincipal Investments in Singapore

Since 2016, BurdaPrincipal Investments  has been present in Southeast Asia. As of June 1, 2021, BPI is growing its senior management team in South East Asia with investment expert Neil Fong joining the company.

BurdaPrincipal Investments
Burda invests in French proptech startup Matera
BurdaPrincipal Investments
Burda invests in French proptech startup Matera

Matera announced a 35 million euros Series B funding round led by Mubadala Capital, alongside Bpifrance.  BurdaPrincipal Investments also participated in the round which marks its first investment in France.

BurdaPrincipal Investments
Vinted raises €250 million on its mission to make second-hand fashion first choice
BurdaPrincipal Investments
Vinted raises €250 million on its mission to make second-hand fashion first choice

Vinted, Europe’s largest online C2C platform dedicated to second-hand fashion and a portfolio company of BurdaPrincipal investments, has raised €250 million of new investment in a Series F funding round.