Vestiaire Collective SA

Based in Paris, France, and founded in 2009 by co-founder Alexandre Cognard, Christian Jorge, Fanny Moizant, Henrique Fernandes, Sebastien Fabre, and Sophie Hersan, Vestiaire Collective SA, formerly known as Vestiaire de Copines, operates an online marketplace that connects buyers and sellers. In June 2010, Ventech invested EUR 1. 5 million in series A for Vestiaire Collective, and in September 2021, the firm raised USD 210 million in venture funding from SB Investment Advisers, Generation Investment Management, Bpifrance, and Korelya Capital. As of October 2021, Vestiaire Collective SA has an inventory of 3 million items that includes 550,000 new listings every month and offices around Paris, London, New York, Berlin, Milan, and Hong Kong.

  Vestiaire Collective provides a web and mobile application that allows users to buy and sell pre-owned designer products such as clothes, bags, shoes, accessories, jewelry, and watches. The platform enables individuals to order online and avail of the direct shipping service. Vestiaire Collective SA plans to use its venture funding raised in September 2021 to expand into new markets, develop its tech functions, accelerate its long-term objectives, and grow the number of fashion products from 21% in 2021 to 27% in 2023, with the expectation of exceeding USD 60 billion in the US by 2025.