The transaction was led by EQT, Schroders Capital, and Teachers’ Venture Growth (TVG), Ontario Teachers’ Pension Plan’s late-stage venture platform, with participation from both new and existing investors.
Several institutional investors, including BlackRock, Lombard Odier Investment Managers, Pinegrove Opportunity Partners and funds managed by Baillie Gifford, participated in this round.
Baillie Gifford increased its holdings, joining other investors who reinforced their commitment to the business. EQT raised its investment, while Schroders Capital has become a direct shareholder, having previously invested indirectly since 2018.
EQT partner Carolina Brochado said: “Vinted has built a category-leading technology business in Europe, combining strong growth with disciplined execution. We continue to be impressed by the team and are doubling down on our high conviction in their strategy and long-term potential.”
According to Vinted, the deal did not involve the issuance of new primary capital and instead provided liquidity for employees and existing institutions.
Vinted CEO Thomas Plantenga said: “This transaction and valuation reflect the progress we’ve made building Vinted into what it is today – a proven marketplace embedded in an ecosystem of vertically integrated shipping and payments infrastructure, designed to make second-hand reliable, easy and affordable at scale. This transaction recognises the value we have created and gives employees the opportunity to share in it. It also gives liquidity to long-standing investors, continuing an approach we have taken in every funding round since 2015.”
Goldman Sachs International acted as the sole placement agent for the transaction and Cooley served as legal adviser.
Schroders Capital global venture investments, private equity head Steven Yang said: “Vinted stands out for its disciplined execution, a clear focus on member value and an ecosystem that supports sustainable, long-term growth. We look forward to supporting the company as it continues to expand its reach and impact.”
Vinted, a customer-to-customer second-hand fashion marketplace, recorded a 47% year-on-year increase in gross merchandise volume to €10.8bn in 2025. The company, which operates across 26 markets, generated €1.1bn in revenue, and €62m in net profits during the year.
“Vinted valued at $9.3bn after secondary share transaction” was originally created and published by Just Style, a GlobalData owned brand.
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