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TPG led a €340m funding round in Vinted.

Synopsis

TPG, a private equity firm, led a €340m funding round in Vinted, a second-hand C2C marketplace focused on fashion, with participation from Hedosophia, Baillie Gifford, Invus Opportunities, FJ Labs, Manhattan Venture Partners, and Moore Strategic Ventures. "We’re delighted to welcome new investors with the experience to support us through our next phase of growth, while continuing to benefit from the expertise of our long-term backers. TPG and our other new investors share our vision: to make second-hand the first choice, worldwide. We’re also delighted that this share sale rewards our employees for their dedication in making Vinted a success," Thomas Plantenga, Vinted CEO.

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