Funding round
Vinted Series E
Vinted, which works in second-hand marketplace services in Wilmington, raised $141M in a Series E round announced on 28 Nov 2019, led by Lightspeed Venture Partners, at a $1.10B post-money valuation. 5 firms took part, 4 of them already investors. It is Vinted's third venture round on record; the one before was a Series B in Feb 2014.
$141M
Amount raised
128,000,000 EUR converted
$1.10B
Post-money valuation
$959M pre-money
5
Investors
1 lead
13%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Vinted at $1.10B after the new money. The $141M bought investors about 13% of the company. It came 69 months after Vinted's Series B. It is 17% of the $845M Vinted has raised in the venture rounds on record. Vinted raised again 18 months later: a Series F round of $303M in May 2021, at $5.20B post-money.
Vinted's funding rounds
Vinted has 5 venture rounds on record and 1 other deal. This one is highlighted.
- Series A 1 Jan 2013, led by Accel $6.5M
- Series B 4 Feb 2014, led by Insight Partners $27M
- Series E this round 28 Nov 2019, led by Lightspeed Venture Partners $141M$1.10B post-money
- Series F 12 May 2021, led by EQT $303M$5.20B post-money
- Growth 24 Oct 2024, led by TPG $367M$5.40B post-money
- Other not a venture round 27 Apr 2026, led by EQT $1.03B$9.40B post-money
Investors
Who put money in
Lightspeed Venture Partners led the round with 4 other firms. Accel, Burda Principal Investments, Insight Partners and Sprints had backed Vinted before.
Lead investor
- Lightspeed Venture Partners backs 454 venture-backed companies new investor
Also in the round
- Accel backs 581 venture-backed companies existing investor
- backs 35 venture-backed companies existing investor
- Insight Partners backs 548 venture-backed companies existing investor
- backs 13 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: Series E rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Media Companies | 18 Nov 2019 | $92M | $1.20B | Japan Post Capital Co. Ltd. and ACA Investments Pte Ltd. |
| Glovo Food delivery | 19 Dec 2019 | $167M | $1.00B | Mubadala and Ventures Europe |
| Tech Companies | 17 Oct 2019 | $100M | $1.00B | Sapphire Ventures |
| Canva Tech Companies | 16 Oct 2019 | $85M | $3.20B | BOND |
| Tech Companies | 4 Dec 2019 | $60M | $500M | Coatue |
| Meat, Fish & Seafood Stores | 16 Dec 2019 | $30M | not disclosed | Vertex Growth |
| Gyms, Fitness & Health Centers | 8 Jan 2020 | $285M | $1.00B | L Catterton and Apax Partners |
| DataRobot Tech Companies | 17 Sep 2019 | $206M | not disclosed | Sapphire Ventures |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Vinted raise in its Series E round?
Vinted raised $141M in its Series E round, announced in Nov 2019.
Who led Vinted's Series E round?
Lightspeed Venture Partners led it, with Accel, Burda Principal Investments, Insight Partners and Sprints.
What was Vinted's valuation at the Series E round?
$1.10B post-money ($959M pre-money).
Did Vinted raise again after this round?
Yes: a Series F round in May 2021 of $303M at $5.20B post-money.