Vestiaire Collective Revenue, Valuation, Funding & Investors

Vestiaire Collective is valued at $1.7B as of September 2021, a 7.4x multiple on its last reported $230M revenue.

Last Vestiaire Collective valuation

$1.7B

Series I · Sep 2021

Last Vestiaire Collective funding round

$206M

Series I · Sep 2021

Vestiaire Collective revenue

$230M

Series I · Sep 2021

Key investors in Vestiaire Collective

  • Eurazeo
  • Bpifrance
  • Vitruvian Partners
  • Condé Nast
  • Idinvest Partners
  • Korelya Capital

Vestiaire Collective Overview

About Vestiaire Collective

Vestiaire Collective is a Paris-headquartered marketplace for authenticated pre-owned luxury fashion. Founded in 2009, it connects 7.5 million members across 50 countries via vestiairecollective.com, listing 140,000 items weekly from brands like Chanel, Gucci, and Rolex. The platform employs 110 independent experts for authentication in hubs including London, New York, and Milan, guaranteeing 98 percent item approval. Vestiaire Collective extends to resale services with brands like Gucci and promotes circularity through take-back programs, operating warehouses in Roubaix and Secaucus.


Founded

2009

HQ

FranceParis

Status

Privately held

Customer focus

B2C

Revenue model

Commission

Revenue

$230M (Sep 2021)

Valuation

$1.7B (Sep 2021)

Vestiaire Collective Valuation

Vestiaire Collective is currently valued at $1.7B, based on its Series I in September 2021.

The $206M round was led by Generation Investment Management and SoftBank Group, with participation from Korelya Capital, Condé Nast, Bpifrance and Eurazeo.

Vestiaire Collective's valuation has grown 1.7x from $1B at its Series H in March 2021 to $1.7B in September 2021, across 2 priced rounds.

Vestiaire Collective valuation by funding round

Revenue multiple
Vestiaire Collective valuation by funding round
DateStageValuationRevenue Multiple
Sep 2021Series I$1.7B7.4x
Mar 2021Series H$1B-

Vestiaire Collective Revenue

Vestiaire Collective's latest recorded revenue is $230M, as of its Series I in September 2021. At a $1.7B valuation, that implies a 7.4x revenue multiple.

Vestiaire Collective revenue by funding round

Vestiaire Collective revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Sep 2021$230M$1.7B7.4xSeries I

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Vestiaire Collective Funding History

Vestiaire Collective has raised a total of $624M across 6 funding rounds.

Vestiaire Collective's first fundraising round was a $37M Series D in September 2015. The most recent completed round was a $206M Series I in September 2021.

Vestiaire Collective funding rounds

Vestiaire Collective funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Sep 2021Series IGeneration Investment Management (lead); SoftBank Group (lead); Korelya Capital; Condé Nast; Bpifrance; Eurazeo$206M$1.7BVestiaire Collective is Europe's leading platform for luxury pre-owned fashion resale, operating a peer-to-peer marketplace that facilitates buying and selling of desirable second-hand designer items including clothing, bags, and jewelry. The platform had evolved its business model to include direct partnerships with luxury brands, having announced deals with Kering-owned Alexander McQueen and luxury retailer Mytheresa to power their resale services as part of a "brand approved" strategy. In September 2021, the company closed a €178 million ($210 million) funding round led by SoftBank Vision Fund 2 and Generation Investment Management, valuing the company at $1.7 billion post-money. The round also included investment from existing shareholders such as Condé Nast and Eurazeo, as well as funds managed by Fidelity International and Koreyla Capital. The company stated it would deploy capital toward technology development, market expansion, and reducing environmental impact, particularly around deliveries. Over the twelve months preceding the funding, Vestiaire Collective demonstrated strong traction, growing its order volume by more than 90% globally, 100% in the United States (which had become its largest market), and 150% in Asia. This round represented the company's second major institutional funding event in 2021, following a €178 million raise in March 2021 backed by Kering and Tiger Global Management, during which Kering acquired a 5% stake in the business.
Mar 2021Series HKering Ventures (lead); Tiger Global (lead); Korelya Capital; Luxury Tech Fund; Cuir Invest; Condé Nast; Fidelity International; Maximilian Bittner; Bpifrance; Eurazeo; Vitruvian Partners$209M$1BVestiaire Collective, a Paris-based global platform for premium pre-owned luxury fashion resale founded in 2009, completed a €178 million (approximately $216 million) financing round on March 1, 2021, led by Kering and Tiger Global Management. Existing investors including CEO Maximilian Bittner, Bpifrance, Condé Nast, Eurazeo Group, Fidelity International, Korelya Capital, Luxury Tech Fund, Cuir Invest, and Vitruvian Partners also participated, propelling the company to unicorn status with a valuation over $1 billion. The round supports accelerated global expansion, particularly in the US and Asia-Pacific, scaling technology and data innovation, and advancing its circular fashion mission to extend product lifecycles and combat overproduction. The investment aligns with surging demand for sustainable resale among Millennials and Gen Z, following a strong 2020 where transaction volume grew over 100% year-on-year and membership increased 90%. Kering's roughly 5% stake and board representation underscores its sustainability strategy and provides strategic access to the fast-growing pre-owned market, while Tiger Global brings expertise in scaling tech disruptors like Facebook and Spotify. CEO Bittner highlighted the model's resilience, proven through the 2008 crisis and COVID-19, positioning Vestiaire to capture more of the global resale market with its 3 million item inventory and 140,000 weekly listings. Vestiaire operates offices in Paris, New York, Hong Kong, Singapore, and a Berlin tech hub, empowering a community of 'fashion activists' with authentication, inspiration tools, and trust features. The round confirms its leadership in European resale VC, with analysts noting strategic benefits for partners like Kering's brands.
Apr 2020Series GKorelya Capital; Luxury Tech Fund; Cuir Invest; Condé Nast; Fidelity International; Maximilian Bittner; Bpifrance; Vaultier7; Eurazeo; Vitruvian Partners$65M-Vestiaire Collective, a Paris-based online marketplace for premium pre-owned luxury fashion items including clothes, bags, and jewelry, raised €59 million ($64.2 million) in an April 2020 funding round. The round included new investors Korelya Capital, Fidelity International-managed funds, Vaultier7, and Cuir Invest, alongside existing backers Eurazeo (Eurazeo Growth and Idinvest), Bpifrance, Vitruvian Partners, Condé Nast, Luxury Tech Fund, and CEO Maximilian Bittner. This brought the company's total funding to over €209 million at the time. The platform, founded in 2009, had 9 million members across 90 countries, with 80% of transactions being cross-border, and focused on authentication via warehouses or direct shipping with buyer protections. The funding was aimed at international expansion, particularly into South Korea and Japan with Korelya Capital's support, further US growth, and enhancing social commerce. Amid the COVID-19 crisis, Vestiaire Collective saw boosted activity: sales in Europe 20% above pre-COVID levels, a 33% increase in daily listings, and its biggest sales day ever the week before the announcement. The resale model aligned with rising demand for sustainable, circular fashion, countering fast fashion backlash and economic pressures. Subsequent rounds included a March 2021 €178 million raise at $1.7 billion valuation with Kering and Tiger Global, achieving unicorn status, and over 100% year-on-year transaction volume growth plus 90% membership expansion in 2020 amid the pandemic.
Jun 2019Series FBpifrance (lead); Maximilian Bittner (lead); Volta Circle; Balderton Capital; Idinvest Partners; Eurazeo; Vitruvian Partners$46M-Vestiaire Collective is a leading global online marketplace for premium and luxury pre-owned fashion, founded in 2009 in Paris by Sophie Hersan and Fanny Moizant. The platform authenticates items, facilitating sales of over 12 million pieces from more than 12,000 brands across menswear, womenswear, bags, and accessories, operating in over 70 countries with offices in Paris, London, New York, Milan, Berlin, and Hong Kong. It promotes circular fashion as a sustainable alternative to fast fashion, with a community-driven model where over 30,000 new items are listed weekly. In June 2019, Vestiaire Collective raised approximately $45.3 million to $45.5 million in its Series F funding round, led by Bpifrance and Maximilian Bittner, with participation from Balderton Capital, Eurazeo (Idinvest Partners), Vitruvian Partners, and Volta Circle. This followed prior rounds including a $62 million Series E in January 2017. The funds supported technology solutions for the fashion ecosystem and international growth, building on earlier €40 million financing. Later metrics show growth: €157 million (~$164 million) revenue in 2023 on €824 million GMV (up 25% YoY), with negative EBITDA of €31 million; estimated €414 million revenue in 2024. Vestiaire Collective continued fundraising post-2019, including $64 million Series G in April 2020, $213.7 million in February 2021, and $210 million Series I in September 2021, reaching over $951 million total raised. It expects first profit in 2026, with 2024 GMV slightly below €1 billion yielding €200 million take rate. The company faces competition in second-hand luxury from platforms like ThredUp and Grailed, amid shifting consumer spending and emphasis on sustainability.
Jan 2017Series EVitruvian Partners (lead); Idinvest Partners; Eurazeo$62M--
Sep 2015Series DEurazeo (lead); Ventech; Balderton Capital; Condé Nast; Idinvest Partners$37M-Vestiaire Collective is a Paris-based online marketplace launched in 2009 for buying and selling pre-owned luxury fashion and accessories, emphasizing curation, authentication, and quality control to compete with eBay and traditional consignment stores. It operates a community platform connecting buyers and sellers globally, with sites in France, UK, Germany, Italy, US, and plans for Spain, serving over 4 million members and adding 100,000 monthly by 2015. The company focuses on luxury re-commerce, disrupting fashion and luxury sectors by treating goods as durables with rising perceived value. In September 2015, Vestiaire Collective raised a €33 million (about $37 million) Series D round led by Eurazeo (contributing €20 million), with participation from existing investors Balderton Capital, Condé Nast, Idinvest Partners, and Ventech—one of France's largest startup rounds that year. Eurazeo invested as a minority shareholder via capital increase to support European leadership and US expansion, including New York operations and VIP services following its 2014 US launch. Total funding reached nearly €63 million since inception, enabling hyper-growth ambitions toward unicorn status. Traction included revenue doubling annually, with €18 million (~$20 million USD) generated in 2012 from commissions up to 33%; by 2014, gross merchandise value hit €46 million, and sales volume rose 85% in H1 2015. The platform offered over 600,000 items, fostering high user engagement across 40 countries with 180 employees.

Who has invested in Vestiaire Collective?

18 investors have backed Vestiaire Collective across its funding rounds, including Eurazeo, Bpifrance, Vitruvian Partners, Condé Nast, Idinvest Partners and Korelya Capital.

Lead investors include Generation Investment Management, SoftBank Group, Kering Ventures, Tiger Global, Bpifrance and 3 other investors.


Vestiaire Collective Investors

Investors in Vestiaire Collective by funding rounds participated
InvestorHQRoundsRoleFirst check
EurazeoFranceFrance6LeadSep 2015
Condé NastUnited StatesNew York City, NY4ParticipantSep 2015
BpifranceFranceParis4LeadJun 2019
Vitruvian PartnersUnited KingdomLondon4LeadJan 2017
Korelya CapitalFranceParis3ParticipantApr 2020
Maximilian BittnerSingaporeSingapore3LeadJun 2019
Idinvest PartnersFranceParis3ParticipantSep 2015
Luxury Tech FundFranceParis2ParticipantApr 2020
Balderton CapitalUnited KingdomLondon2ParticipantSep 2015
Cuir InvestFranceParis2ParticipantApr 2020
Fidelity InternationalUnited KingdomLondon2ParticipantApr 2020
VentechFranceParis1ParticipantSep 2015
Volta CircleUnited KingdomLondon1ParticipantJun 2019

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Acquisitions by Vestiaire Collective

Vestiaire Collective has acquired 1 company to date.

Last acquisition by Vestiaire Collective was on March 15th 2022. Vestiaire Collective acquired Tradesy for undisclosed valuation.


Latest Acquisitions by Vestiaire Collective

Tradesy
Description
Tradesy is a Santa Monica-headquartered peer-to-peer marketplace launched in 2012 for pre-owned luxury fashion. It features authenticated items from Louis Vuitton, Chanel, Gucci, Hermes, and Prada with free seller shipping kits and prepaid labels. Backed by investors like Richard Branson, the site has appeared on Good Morning America and The New York Times, serving US customers nationwide.
HQ CountryUnited States
HQ City
Los Angeles, CA
Deal Date15 Mar 2022
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Investments by Vestiaire Collective

Vestiaire Collective has invested in 1 company to date.

Latest investment by Vestiaire Collective was on September 20th 2019. Vestiaire Collective invested in Groover in their $1M Seed round.


Latest Investments by Vestiaire Collective

Groover
Description
Groover is a Paris-headquartered platform connecting independent musicians with 3,000 curators, playlist makers, and labels across 186 countries. Since 2018, it has facilitated two million track feedbacks and placements on Spotify playlists. Verified pros from Universal Music Group provide critiques within 7 days for a flat fee.
HQ CountryFrance
HQ City
Paris
Deal Date20 Sep 2019
RoundSeed
Raised$1M
InvestorsJean François Camilleri; Yann Miossec; Techstars; Sylvain Zimmer; Kima Ventures
Valuationundisclosed
EV/Revenue
EV/EBITDA

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Vestiaire Collective Competitors

Vestiaire Collective competitors include listed companies like GO and ACV Auctions, and private ones like Carsome, Spinny, Zocdoc and ezCater.

Public and private companies comparable to Vestiaire Collective
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
CarsomeMalaysiaPetaling JayaPrivate--$1.7B-
GOJapanJapanPublicly listed$266M$49M$1.7B5.3x
ACV AuctionsUnited StatesUnited StatesPublicly listed$760M($19M)$1.8B2.1x
SpinnyIndiaGurgaonPrivate$498M-$1.8B3.6x
ZocdocUnited StatesNew York City, NYPrivate$71M-$1.8B25.4x
ezCaterUnited StatesBoston, MAPrivate--$1.6B-

Vestiaire Collective Public Comps

Vestiaire Collective is still privately-owned, but its public comps include Capri Holdings, Vardhman Textiles, PAL Group Holdings, CHOW TAI SENG Jewellery, GO, Modivo, ACV Auctions, Beijing Caishikou, eFinance and Wolverine Worldwide.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Capri Holdings$3.5B$151M0.9x0.9x19.7x11.3x
Vardhman Textiles$1B$154M1.8x1.6x11.6x11.1x
PAL Group Holdings$1.5B$194M0.8x0.8x6.5x6.4x
CHOW TAI SENG Jewellery$1.3B$217M1.2x1.3x7.4x6.9x
GO$266M$49M5.4x5.3x29.4x24.7x
Modivo$2.9B$224M1.0x0.9x12.8x7.3x
ACV Auctions$760M($19M)2.3x2.1x(89.6x)24.8x
Beijing Caishikou$4.3B$247M0.3x0.2x4.7x5.4x

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Common questions about Vestiaire Collective

When was Vestiaire Collective founded?Vestiaire Collective was founded in 2009.
Where is Vestiaire Collective headquartered?Vestiaire Collective is headquartered in Paris, France.
Is Vestiaire Collective publicly listed?No, Vestiaire Collective is a private, VC-backed company.
What is Vestiaire Collective's valuation?Vestiaire Collective was last valued at $1.7B in its Series I in September 2021.
How much funding has Vestiaire Collective raised?Vestiaire Collective has raised $624M across 6 funding rounds.
What was Vestiaire Collective's last funding round?Vestiaire Collective's last funding round was a $206M Series I in September 2021, led by Generation Investment Management and SoftBank Group.
Who are Vestiaire Collective's investors?Vestiaire Collective's investors include Eurazeo, Condé Nast, Bpifrance, Vitruvian Partners, Korelya Capital, Maximilian Bittner, Idinvest Partners, Luxury Tech Fund, Balderton Capital, Cuir Invest and 8 others.
What is Vestiaire Collective's revenue?Vestiaire Collective's latest recorded revenue is $230M (September 2021).
What is Vestiaire Collective's revenue multiple?Vestiaire Collective's latest valuation implies a 7.4x revenue multiple ($1.7B valuation on $230M of revenue).
Which companies are comparable to Vestiaire Collective?Companies comparable to Vestiaire Collective include Carsome, GO, ACV Auctions, Spinny, Zocdoc and ezCater.
How many companies has Vestiaire Collective acquired?Vestiaire Collective has acquired 1 company, including Tradesy.
How many companies has Vestiaire Collective invested in?Vestiaire Collective has invested in 1 company, including Groover.
What was Vestiaire Collective's last investment?In September 2019, Vestiaire Collective invested in Groover's $1M seed round alongside Jean François Camilleri, Yann Miossec, Techstars and 2 other investors.

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