BurdaPrincipal Investments
08/29/2018

Capital for continued growth: 50 million investment for Vinted

BurdaPrincipal Investments
08/29/2018

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

BurdaPrincipal Investments
Vinted Raises €128 Million to Accelerate Growth
BurdaPrincipal Investments
Vinted Raises €128 Million to Accelerate Growth

Vinted, a portfolio company of BurdaPrincipal Investments, the growth capital arm of Hubert Burda Media, announced a €128 million Series E funding round.

Health & Fitness Startups
Focus on future trends
Health & Fitness Startups
Focus on future trends

Will Germany become a pioneer in medical innovations? What does the investment scene look like in the fitness and health sector? These questions were discussed at the BurdaPrincipal Investments Fireside Chat.

BurdaPrincipal Investments
International Get-Together at Lake Tegernsee
BurdaPrincipal Investments
International Get-Together at Lake Tegernsee

From 15 to 16 October, BurdaPrincipal Investments (BPI) took off to Lake Tegernsee: Board Member Martin Weiss and BPI Managing Director Christian Teichmann had invited to the second BPI portfolio conference.