Vinted confirms BlackRock investment as it completes €880 million secondary share deal

Vinted has completed an €880 million (£770 million) secondary share transaction that values the second-hand marketplace at €8 billion (£6.9 billion), with asset manager BlackRock confirmed as a new investor.

The oversubscribed transaction was led by existing investor EQT, which increased its shareholding, and new investors including BlackRock funds and Teachers’ Venture Growth.

Vinted stated that the valuation reflects its "unique financial profile - fast growth at scale with sustained profitability - and demonstrates investor belief in its potential".

Vinted noted that it did not raise any new primary capital with the transaction, adding that it had a "strong balance sheet" and had been "cash flow positive for several years". Instead, it was rewarding its employees for their contribution while providing liquidity for existing institutional investors.

Earlier this month, the company reported a 38% jump in annual revenues to €1.1 billion (£957 million) for 2025, with a "strong" performance in women's and children's clothing.

Thomas Plantenga, CEO of Vinted Group, 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.

"Online second-hand is growing faster than general e-commerce. We have built the fundamentals in Vinted Marketplace, Vinted Go and Vinted Pay so we are well positioned to capture and drive this growth. Our opportunity remains large: shifting global consumption toward second-hand while building a world-leading business."

Avid Larizadeh-Duggan, Head of EMEA for Teachers’ Venture Growth, added: "Vinted's marketplace is distinguished by its scale, profitability, and disciplined operating model. It has established a strong presence in many European countries and is growing beyond there.

"At the same time, Vinted has broadened its reach beyond fashion into fast-growing adjacent categories such as electronics. This is a unique business with a clear focus on long-term value creation, led by an exceptional team under Thomas’s leadership. We are delighted to support Vinted as it continues its inspiring journey."

In January 2026, Vinted launched a major expansion in the US to tap into the 50% of Americans who wear half their wardrobe or less. The resale marketplace first expanded into the US in 2013, but this move signals a renewed push to scale its presence in the market. In the UK, it has also recently been described as the number one ‘side hustle’ for Brits.

The race for market space within the resale market is heating up, with eBay striking a deal to buy second-hand clothing app Depop from rival Etsy for £890 million, announced just last week, as it looks to cater to a "younger demographic".