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- Vestiaire Collective
Vestiaire Collective Revenue, Valuation, Funding & Investors
Vestiaire Collective is valued at $1.7B as of September 2021, a 7.4x revenue multiple. Vestiaire Collective revenue was $230M, as disclosed with its latest round.
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
Condé Nast
Bpifrance
Idinvest Partners
Vitruvian Partners
Balderton Capital
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
Website
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. Read the announcement ↗
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| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Sep 2021 | Series I | $1.7B | 7.4x |
| Mar 2021 | Series 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.
Revenue grew from $22M in September 2013 to $230M in September 2021.
Vestiaire Collective revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Sep 2021 | $230M | $1.7B | 7.4x | Series I |
| Jan 2017 | $48M | - | - | Series E |
| Sep 2013 | $22M | - | - | Series C |
* 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 $644M across 7 funding rounds.
Vestiaire Collective's first fundraising round was a $20M Series C in September 2013. The most recent completed round was a $206M Series I in September 2021.
Vestiaire Collective funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2021 | Series I | Generation Investment Management (lead); SoftBank Group (lead); Korelya Capital; Condé Nast; Bpifrance; Eurazeo | $206M | $1.7B | Vestiaire 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 2021 | Series H | Kering Ventures (lead); Tiger Global (lead); Korelya Capital; Luxury Tech Fund; Cuir Invest; Condé Nast; Fidelity International; Maximilian Bittner; Bpifrance; Eurazeo; Vitruvian Partners | $209M | $1B | Vestiaire 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 2020 | Series G | Korelya 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 2019 | Series F | Bpifrance (lead); Maximilian Bittner (lead); Volta Circle; Balderton Capital; Idinvest Partners; Eurazeo; Vitruvian Partners | $46M | - | Vestiaire Collective raised about EUR 40 million (roughly $45 million) in June 2019 in a round led by Bpifrance together with its new chief executive Maximilian Bittner, who joined in November 2018. Existing shareholders Eurazeo Growth (formerly Idinvest Partners), Vitruvian Partners and Balderton Capital also took part. The company said it would use the proceeds to launch technology solutions for the fashion ecosystem, accelerate international growth and step up hiring. Vestiaire Collective is a Paris-based online marketplace for pre-owned luxury and premium fashion, founded in 2009 by Sophie Hersan, Fanny Moizant and partners. The platform authenticates items before shipping and sells menswear, womenswear, bags and accessories, with a strong focus on circular fashion as an alternative to fast fashion. It operates in more than 70 countries with offices in Paris, London, New York, Milan, Berlin and Hong Kong. |
| Jan 2017 | Series E | Vitruvian Partners (lead); Idinvest Partners; Eurazeo | $62M | - | Vitruvian Partners led a EUR 58 million funding round in Vestiaire Collective in January 2017, with existing major shareholders Eurazeo and Idinvest Partners also participating. The round was Vitruvian's first investment in France. Vestiaire Collective said it would use the proceeds to strengthen its position in Europe, expand in the United States and Asia Pacific, and build a new logistics centre in France, and it planned to create 120 jobs worldwide within 18 months. Eurazeo had first invested in the company in September 2015 through Eurazeo Croissance, contributing EUR 20 million to a EUR 33 million raise alongside historical shareholders. Vestiaire Collective was created in 2009 and operates an online community marketplace for buying and selling pre-owned luxury and premium fashion and accessories. Items are checked for quality and authenticity by in-house experts before shipping. The company is headquartered in Paris and sells to members across Europe, the United States and Asia. |
| Sep 2015 | Series D | Eurazeo (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. |
| Sep 2013 | Series C | Condé Nast (lead); Ventech; Balderton Capital; Idinvest Partners | $20M | - | Vestiaire Collective raised USD 20 million in a Series C in early September 2013 led by Condé Nast, with Idinvest Partners, now part of Eurazeo, joining as a new investor and existing backers Balderton Capital and Ventech taking part. Condé Nast supplied most of the money, with Idinvest completing the amount. The Paris luxury resale marketplace planned to use the funds to accelerate European expansion and start activity in the United States. It had previously raised USD 9.9 million in a Series B in 2011. |
Who has invested in Vestiaire Collective?
18 investors have backed Vestiaire Collective across its funding rounds, including Eurazeo, Condé Nast, Bpifrance, Idinvest Partners, Vitruvian Partners and Balderton Capital.
Lead investors include Generation Investment Management, SoftBank Group, Kering Ventures, Tiger Global, Bpifrance and 4 other investors.
Vestiaire Collective Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 6 | Lead | Sep 2015 | ||
| 5 | Lead | Sep 2013 | ||
| 4 | Participant | Sep 2013 | ||
| 4 | Lead | Jun 2019 | ||
| 4 | Lead | Jan 2017 | ||
| 3 | Participant | Apr 2020 | ||
| 3 | Participant | Sep 2013 | ||
| 3 | Lead | Jun 2019 | ||
| 2 | Participant | Sep 2013 | ||
| 2 | Participant | Apr 2020 | ||
| 2 | Participant | Apr 2020 | ||
| 2 | Participant | Apr 2020 | ||
| 1 | Participant | Jun 2019 | ||
This data is available for Pro users. Sign up to see all 18 Vestiaire Collective investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialAcquisitions 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
| 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 Country | |
| HQ City | Los Angeles, CA |
| Deal Date | 15 Mar 2022 |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Vestiaire Collective acquisitions and their M&A valuation multiples. Start Free Trial | |
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
| 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 Country | |
| HQ City | Paris |
| Deal Date | 20 Sep 2019 |
| Round | Seed |
| Raised | $1M |
| Investors | Jean François Camilleri; Yann Miossec; Techstars; Sylvain Zimmer; Kima Ventures |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Vestiaire Collective investments and their VC round multiples. Start Free Trial | |
Vestiaire Collective Competitors
Vestiaire Collective competitors include listed companies like GO and Lime, and private ones like Carsome, Spinny, Zocdoc and Outdoorsy.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.7B | - | ||
| Publicly listed | $263M | $49M | $1.6B | 4.9x | ||
| Private | $498M | - | $1.8B | 3.6x | ||
| Private | $71M | - | $1.8B | 25.4x | ||
| Private | $34M | - | $1.8B | 54.1x | ||
| Publicly listed | $887M | $87M | $1.5B | - |
Vestiaire Collective Public Comps
Vestiaire Collective is still privately-owned, but its public comps include Wolverine Worldwide, TBO.com, CHOW TAI SENG Jewellery, China National Gold Group, PAL Group Holdings, F&F Co., GO, Goldwin, Makalot Industrial and OVS.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.9B | $180M | 1.2x | 1.2x | 12.8x | 10.7x | |||
| $264M | $41M | 6.2x | 4.7x | 40.2x | 30.1x | |||
| $1.3B | $219M | 1.3x | 1.5x | 8.0x | 7.8x | |||
| $10B | $59M | 0.1x | 0.1x | 16.5x | 15.1x | |||
| $1.5B | $192M | 0.8x | 0.8x | 6.3x | 6.2x | |||
| $1.4B | $482M | 1.1x | 1.0x | 3.2x | 3.5x | |||
| $263M | $49M | 5.2x | 4.9x | 28.2x | 21.5x | |||
| $872M | $220M | 1.7x | 1.7x | 6.8x | 8.9x | |||
This data is available for Pro users. Sign up to see all Vestiaire Collective competitors and their valuation data. Start Free Trial | ||||||||
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 $644M across 7 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, Idinvest Partners, Bpifrance, Vitruvian Partners, Korelya Capital, Balderton Capital, Maximilian Bittner, Ventech, Luxury Tech Fund 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, Spinny, Zocdoc, Outdoorsy and Lime. |
| 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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