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Revolut and Vinted Backer Sprints Raises €725 Million Fund

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Exclusive Revolut and Vinted Backer Sprints Raises €725 Million Fund Sprints, a venture capital firm that backed Revolut early, has closed its fifth fund of €725 million ($810 million). Sprints is already investing the cash in new companies as well as its existing portfolio of marketplace, financial and software startups, the company said on Tuesday. Aside from backing Revolut, Europe’s most valuable startup, Sprints is the biggest shareholder in second-hand app Vinted and invested in flight...

Exclusive Revolut and Vinted Backer Sprints Raises €725 Million Fund Sprints, a venture capital firm that backed Revolut early, has closed its fifth fund of €725 million ($810 million). Sprints is already investing the cash in new companies as well as its existing portfolio of marketplace, financial and software startups, the company said on Tuesday. Aside from backing Revolut, Europe’s most valuable startup, Sprints is the biggest shareholder in second-hand app Vinted and invested in flight tracker Flightradar24 and payments firm Checkout.com.
Revolut (ORG) Vinted Backer Sprints (ORG) Exclusive Revolut (ORG) Europe (LOCATION) Sprints (ORG) Vinted (ORG) Checkout.com (ORG)
Originally published by Bloomberg Technology Read original →