Vinted Group, the owner of the second-hand marketplace Vinted, has launched an investment arm to back re-commerce start-ups.
Vinted Ventures focuses on businesses across the re-commerce value chain, seeking to change consumer behaviours in favour of second-hand items.
It will target Series A–C stage companies with “bold visions” and data-driven decision-making, offering funding from €0.5million to €10 million.
The move comes after Vinted announced earlier this week that revenue had increased in 2024 to €813.4 million, a jump of 36 per cent compared to the previous year.
The company reported a net profit of €76.7 million, a 330 per cent increase compared to 2023.
Through its new start-up fund, the group said it will offer bespoke support based on its experience and what it has learned from running Vinted.
In addition to capital, companies will gain access to an advisory network from across the company, offering tailored guidance to help them navigate growth.
“Through Vinted Ventures, we’re supporting ambitious founders whose products and services are solving real problems, and who are ready to define the next frontier of how people buy, sell, and value the things they own,” said Milda Jasaitė, senior director of corporate development at Vinted. “We look forward to working closely with the future generation of innovators to change consumption habits and drive long-term success.”
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