Lithuanian Vinted plans secondary share sale

The Lithuanian company Vinted is considering the possibility of a secondary sale of shares. The deal is currently at an early stage and could be completed in early 2026.  Although the final estimate has not been confirmed, there is information that Vinted plans to raise about €8B to provide liquidity for early investors and long-time employees.

Founded in Vilnius in 2008 by Justas Janauskas and Milda Mitkute, Vinted developed a marketplace for buying and selling various used goods, including clothing and pet care products. The marketplace has over 80M registered members, and it operates in more than 20 markets across Europe and North America. The company employs over 2K people and has offices in Amsterdam, Berlin, Hamburg, Kaunas, Prague, and Paris. In 2019, the company became the first "unicorn" in Lithuania. The CEO is Thomas Plantenga.

In April 2025 Lithuanian company launched a specialized investment arm Vinted Ventures. 

More

Investments in Lithuanian startups increased 5 times in 1H 2025