Vinted company profile: valuation, funding & revenue

This Vinted company profile covers the company's valuation, revenue, funding rounds, investors and history. Vinted works in e-commerce, with a focus on second-hand marketplace. It was founded in 2008 and is headquartered in Vilnius, Lithuania. Its latest valuation on record is €8 billion (secondary share sale) (April 2026). Every figure links to a public source, and anything the company hasn't disclosed is marked as such.

Revenue

€1.1 billion, up 38% — Annual revenue, 2025 (company-reported), as of FY2025. Source: RTÉ.

Funding history

Vinted timeline

Key dates from the sources on this page, oldest first. Metric snapshots are listed after the funding events.

• 2008 — Vinted is founded in Vilnius by Milda Mitkutė and Justas Janauskas.
• Oct 2024 — Secondary share sale: See source, valuing the company at €5B. Investors: TPG and others.
• Apr 2026 — Secondary share sale: €880M, valuing the company at €8B.
• FY2025 — Gross merchandise value: €10.8 billion, up 47%.
• FY2025 — Net profit: €62 million, down from €77 million; third consecutive profitable year.
• FY2025 — Free cash flow: €137 million, up 36%.

Investors

Overview

Vinted is Europe's largest online marketplace for second-hand clothing, and it has expanded into homeware, electronics, books, toys and other categories. People list items they no longer need in a few minutes using their phone, and buyers purchase them, usually at low prices, with shipping arranged through the app. Vinted is especially popular in France, Germany, Spain, Italy, the UK, Poland and its home region in the Baltics, and operates in more than 20 countries.

Milda Mitkutė and Justas Janauskas founded Vinted in Vilnius, Lithuania, in 2008, after Mitkutė wanted to get rid of clothes before moving home. It began as a local website and grew across Europe. Thomas Plantenga, who joined as an investor and later became CEO, led its turnaround and international expansion in the 2010s. Vinted is Lithuania's best-known technology company.

A buyer-pays model

Unlike many marketplaces, Vinted charges sellers nothing to list or sell. Instead, buyers pay a small "buyer protection" fee on each purchase, plus shipping. That makes it easy and free to list items, which has helped Vinted build an enormous supply of listings. Buyers accept the fee because prices are low and the protection covers problems such as items not arriving or not matching the description. Vinted also earns from advertising and from optional promotional tools sellers can buy to boost visibility.

2025 results

For 2025, Vinted reported revenue of €1.1 billion, up 38%, and gross merchandise value of €10.8 billion, up 47%. Net profit fell about 19% to €62 million, from €77 million, which the company attributed to spending on cheaper delivery options in Germany, new categories and launches in new countries. It was still Vinted's third consecutive profitable year. Free cash flow rose 36% to €137 million, and adjusted EBITDA was about €151 million.

Funding and valuation

Vinted raised venture funding from investors including Accel, Insight Partners, Lightspeed Venture Partners, Burda Principal Investments and EQT Growth, reaching a valuation of about €3.5 billion in 2021. It hasn't needed new primary capital since becoming profitable. Instead, existing shareholders have sold shares to new investors in secondary transactions: an October 2024 sale valued Vinted at €5 billion, with TPG among the buyers, and an €880 million secondary sale in April 2026 valued it at €8 billion. Our guide to secondaries explains how these transactions work.

US expansion

Vinted entered the US market once before, in 2016, but withdrew. It has signalled a renewed push, testing the market again. The US second-hand market is large but competitive, with established players such as Poshmark (owned by Naver), ThredUp, Depop (owned by Etsy) and eBay. Success there could significantly increase Vinted's growth, but failure would be costly; analysts have noted that its profit outlook partly depends on how the US test goes.

Competition

In Europe, Vinted competes with eBay, local classifieds sites such as Leboncoin in France and Kleinanzeigen in Germany, Depop, and newer apps. Fast-fashion platforms such as Shein and Temu compete indirectly by offering very cheap new clothing. Vinted's advantages are its scale, free listings for sellers, simple shipping and strong brand recognition among younger shoppers.

Vinted at a glance

Vinted is a Vilnius second-hand marketplace founded in 2008 by Milda Mitkutė and Justas Janauskas. It reported 2025 revenue of €1.1 billion, up 38%, GMV of €10.8 billion and net profit of €62 million, its third profitable year. Secondary share sales valued it at €5 billion in October 2024 and €8 billion in April 2026.

Why second-hand fashion is growing

Several forces are pushing people to buy used clothing: higher living costs, concern about fashion's environmental impact, and the fun of finding unique items. For sellers, it's an easy way to earn money from clothes they no longer wear. Apps have made the process far easier than older methods like car boot sales or consignment shops. Regulators in the EU are also pushing for more sustainable textiles and circular economy practices, which supports resale.

Logistics as a competitive edge

Shipping costs can make or break a low-price marketplace. Vinted has invested heavily in its own delivery network, Vinted Go, including parcel lockers and partnerships with carriers, to make shipping cheaper and more convenient. Lower shipping costs encourage more purchases of low-value items, which increases volume. The 2025 investment in cheaper German delivery, which reduced profit, is an example of trading short-term margin for long-term growth.

Questions for investors in marketplaces

• How much of revenue comes from buyer fees versus advertising?
• Is growth coming from existing markets or new countries?
• How much does shipping cost affect order volumes and margins?
• Can the model succeed in the US against established rivals?

Trust and safety at scale

Running a marketplace where millions of individuals sell to each other requires constant work on trust. Vinted must detect counterfeit branded goods, handle disputes over items that don't match descriptions, stop scams that try to move payments outside the platform, and comply with tax reporting rules. Since 2024, EU rules have required platforms to report sellers' earnings to tax authorities above certain thresholds, which prompted some sellers to reduce activity and others to formalise their businesses. Buyer protection, authentication services for luxury items and clear rules on what counts as a professional seller all help maintain the trust that keeps buyers returning.

Vinted's scale also brings regulatory attention on consumer protection and data privacy, as with any large platform in the EU. Handling these issues well is part of what allows it to keep growing in its core markets across Europe, where most of its users and revenue still come from.

Latest developments (October 2026)

Vinted completed an €880 million secondary share sale in April 2026 at an €8 billion valuation, led by EQT with Schroders Capital, Teachers' Venture Growth and BlackRock, according to The Next Web. No new money went to the company. Gross merchandise value reached €10.8 billion in 2025, up 47%, and Vinted said it is ready to list when conditions suit but has no timetable, according to Dealroom. See our largest European startups guide.

What to watch

Watch the US relaunch, profit margins as investment continues, new categories, and any IPO, which has long been speculated about given Vinted's size and profitability.

Lessons

Consumers can buy and sell used goods cheaply across Europe. Founders can learn from Vinted's patient turnaround and unusual fee model. Investors should note how secondary sales can set valuations for profitable companies that don't need new capital.

Sources

Every figure on this page comes from the public sources below. Where sources disagreed, we used the company's own announcement or a primary news report. Private-company data changes; check the date beside each figure.

1. Dealroom
2. RTÉ
3. FashionUnited