Lithuanian secondhand marketplace Vinted has reached an €8bn valuation following an €880m secondary sale led by EQT, Teachers' Venture Growth, and Schroders Capital. Baillie Gifford and BlackRock also participated in the transaction, which provided liquidity for institutional investors and employees without raising new equity. This represents a significant jump from Vinted's €5bn valuation in a prior secondary sale last year.

Founded in 2008, Vinted became Lithuania's first unicorn and has expanded beyond its core secondhand marketplace to include shipping infrastructure, a venture arm, and a payments business. The company generated €1.1bn in annual revenue in 2025, with €62m in net profits—a 19% decline from 2024. Revenues ticked up despite the profit drop.

The deal reflects a booming European secondaries market where investors seek liquidity in long-standing stakes while employees look to cash out as companies delay IPOs. Other valuable European companies including Trade Republic and ElevenLabs have recently completed similar secondary sales. "Vinted is doing very well and becoming a hot property on the secondary market," said Tempocap's Olav Ostin.