The second hand clothing marketplace from Lithuania Vinted announced today in the local Lithuanian press that it raised 20 million Euro round from Insight Venture Partners, its existing backer Accel and others.
Founded in 2009 by Justas Janauskas and Milda Mitkute, Vinted has previously raised 5 million Euro in Series A from Accel Partners and others. 8 million users visit Vinted websites, and the marketplace is also available as an iOS and Android app.
Vinted’s competitor is also Lithuanian-based Kominoi, that is known in CEE region and attracts 1 million monthly users.
Writing this from the car, so apologies for a limited information.
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