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Current Portfolio

Vinted

Vinted is Europe’s largest online C2C platform dedicated to second-hand fashion.

Founded in 2008 and headquartered in Vilnius, Lithuania, Vinted operates in over 22 markets, and has become the largest online C2C marketplace in second-hand fashion across Europe.

Key Facts
Sector

Consumer

Country

Lithuania

Fund

EQT Growth

Entry

2021

Responsible Advisor

Carolina Brochado

Website

Vinted

The investment thesis

Medium

About Vinted

Founded in 2008 and headquartered in Vilnius, Lithuania, Vinted operates in over 22 markets, and has become the largest online C2C marketplace in second-hand fashion across Europe. In recent years, Vinted has developed a proven market development playbook, as evidenced by the Company’s strong growth and traction in both mature as well as new markets. These unique characteristics are supported by best-in-class unit economics and an enduring financial profile across its key markets. This virtuous flywheel effect is enabled by more than 80+ million members globally.

Market trends and Drivers

Vinted’s underlying market is supported by several secular tailwinds, including growing concerns around sustainability and climate change, as well as an increased focus on the circular economy, with consumers eager to make more responsible and less wasteful fashion choices.

Investment Potential

EQT Growth continues to support Vinted’s accelerated trajectory and commitment to commercial excellence. By further investing in the Company’s proprietary platform and technology, EQT Growth aims to cement Vinted’s leadership in established regions while strategically enabling further expansion into global markets.

Moreover, Vinted leverages EQT’s in-house digital and tech expertise, alongside a global network of advisors with deep-seated knowledge in marketplaces, payments, and logistics. This partnership acts as a powerful catalyst for value creation. Together with management, EQT Growth is dedicated to reinforcing Vinted’s position as Europe’s largest online marketplace for second-hand fashion.

Find out more about the investment on EQT Growth’s Medium.

Management

CEO

Thomas Plantenga

CEO of Marketplace

Adam Jay

CFO

Maurizio D'Arrigo

COO

Mantas Mickuckas

CHRO

Tara Barry

VP of Finance

Marija Buivydaitė-Vitkevičienė

Do You Want to Know More?

We are eager to explore how we can achieve great things together.