The second-hand fashion marketplace has attracted $27m from a consortium including Hubert Burda Media, and plans to now expand into new markets.
Lithuania-based peer-to-peer fashion marketplace Vinted secured $27m on Wednesday in a series C round co-led by media conglomerate Hubert Burda Media and venture capital firms Accel Partners and Insight Venture Partners.
Founded in 2008, Vinted operates a website and smartphone app through which users can sell, swap and buy clothes and other fashion accessories.
The company will use the money to expand into additional geographies, focusing particularly on locations outside of Europe and the US where it has already established…
