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
Interview
Ask the boss: Christian Teichmann
Interview
Ask the boss: Christian Teichmann

The #AskTheBoss series provides insights into different departments. This time, we talked to Christian Teichmann, CEO at BurdaPrincipal Investments (BPI), the growth capital arm of Hubert Burda Media.

BPI
“ESG is more than a box-ticking exercise”
BPI
“ESG is more than a box-ticking exercise”

BurdaPrincipal Investments (BPI) covers ESG and sustainability as a holistic approach looking at their activities as well as other stakeholders. Recently, they have published their second ESG report.

BurdaPrincipal Investments
Burda Partners with Europe’s leading Center for Innovation and Business Creation
BurdaPrincipal Investments
Burda Partners with Europe’s leading Center for Innovation and Business Creation

BurdaPrincipal Investments (BPI) and UnternehmerTUM have entered into a new partnership to promote a strong network between start-ups, the incubator, and the business community.