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Sprints portfolio company Vinted today announced its €250 million Series F funding round, in which Sprints invested.
Vinted is the leading marketplace in European for second-hand fashion, and has in the last year successfully broadened its reach to now cover 13 markets, with 45 million users across its footprint. The funding round is a testament to the impact Vinted is having on transforming the way in which fashion is bought and sold.
Fashion is one of Europe’s largest industries, accounting for more than €500 billion in annual household spending. Vinted is the clear market leader for buying and selling second-hand and we remain excited about its growth trajectory across Europe, which is evident in the rise in consumer focus on sustainability. Today, Vinted has 45 million users that buy and sell goods second-hand.
We are delighted to continue this journey with CEO Thomas Plantenga and the Vinted team.
Download Vinted on App Store or Google Play and join the Vinted-movement in making fashion more environmentally friendly by making second-hand the first choice worldwide.
