At the end of April, the Vinted Group started silently and quietly its investment company called Vinted Ventures. This new organization, which is led by the leading second-hand provider in Europe, is dedicated to the support of re-commerce start-ups.
“With Vinted Ventures, we support ambitious founders: inside, whose products and services offer concrete solutions and that are willing to define the next phase of the way people buy, sell, sell and value what they own,” says Milda Jasaitė, Senior Director of Corporate Development at Vinted, in a press release.
Vinted Ventures indicates to address Series A to C with “Kühnen Visions and Data -based decisions”. The company will invest between 0.5 and 10 million euros and states that in addition to capital, companies in the portfolio will also have access to its network of experienced consultants: inside.
In 2024, the turnover of the Vinted Group, the parent company of the marketplace Vinted, the logistics company Vinted Go and the payment service provider Vinted Pay, was 813.4 million euros. This amount corresponds to an increase of 36 percent compared to the 2023 financial year.
This article was used with digital tools translated.
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