Vinted is privately owned, with ownership distributed among its founders, early investors, and private equity firms. The company was co-founded in 2008 by Milda Mitkutė and Justas Janauskas in Lithuania. Significant investors who have taken part in the company's funding rounds include Accel Partners, Insight Partners, Burda Principal Investments, Lightspeed Venture Partners, and TPG, which led a major funding round in October 2024. The CEO, Thomas Plantenga, along with the founders and key investors, hold important roles in the company’s ownership and governance. The company is valued at around €5 billion as of late 2024 and remains privately held without immediate plans for a public listing.
Ownership Summary
- Founders: Milda Mitkutė and Justas Janauskas
- Early key investor & COO: Mantas Mikuckas
- Major investors: Accel Partners, Insight Partners, Burda Principal Investments, Lightspeed Venture Partners, TPG
- CEO: Thomas Plantenga (joined 2016)
- Private equity and venture capital firms hold significant equity stakes
- Company valuation: €5 billion (2024)
- Private ownership with no current plans for IPO
This ownership structure combines founders’ control with significant input and equity from venture capital and private equity investors supporting growth and expansion.
