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EntrepreneurshipNewsLithuania’s Tingit Lands €1.5 Million to Turn Repairs Into Digital Infrastructure
Lithuania’s Tingit Lands €1.5 Million to Turn Repairs Into Digital Infrastructure
EntrepreneurshipVenture Capital

Lithuania’s Tingit Lands €1.5 Million to Turn Repairs Into Digital Infrastructure

•February 20, 2026
0
ArcticStartup
ArcticStartup•Feb 20, 2026

Companies Mentioned

Tingit

Tingit

Coinvest Capital

Coinvest Capital

Firstpick

Firstpick

Badideas

Badideas

Why It Matters

The investment enables Tingit to scale a digital repair solution that eliminates price uncertainty and logistical friction, unlocking new circular‑economy revenue streams for retailers. Embedding repair into the commercial flow could reshape EU consumption patterns.

Key Takeaways

  • •Secured €1.5 million Series A funding.
  • •AI platform matches users with vetted repair specialists.
  • •Operates in Lithuania, France, and Poland with 100+ partners.
  • •Served 14,000 customers, appraising €9 million in goods.
  • •Aims to embed repair into EU retail infrastructure.

Pulse Analysis

The repair market has long suffered from opaque pricing, unpredictable timelines, and inconvenient logistics, deterring many consumers from fixing rather than replacing items. Digital platforms are beginning to address these frictions, leveraging AI to streamline diagnosis and quote generation. This shift aligns with broader sustainability goals, as easier repairs support circular‑economy initiatives and reduce the environmental impact of premature disposal.

Tingit’s solution builds on this trend by offering an AI‑powered “longevity protocol” that instantly analyses user‑uploaded photos or videos, matches the damage to a vetted specialist, and delivers a concrete price and turnaround estimate. The service integrates parcel‑locker logistics, allowing items to be shipped directly to craftsmen and returned to owners, effectively turning repair into a seamless e‑commerce experience. Since its 2024 launch, the marketplace has connected over 100 professionals across Lithuania, France and Poland, processed more than 14,000 appraisals, and evaluated goods worth over €9 million, ranging from sneakers to luxury handbags.

The fresh €1.5 million capital, led by Coinvest Capital, gives Tingit the runway to expand its network throughout the EU, deepen collaborations with fashion brands and online retailers, and further develop its proprietary AI infrastructure. By positioning repair as an embedded retail service, the startup can open new monetisation channels for brands seeking to enhance customer loyalty and meet sustainability mandates. If successful, Tingit could set a precedent for other verticals, prompting a wave of AI‑driven, on‑demand repair platforms that redefine how consumers maintain and value their possessions.

Lithuania’s Tingit lands €1.5 million to turn repairs into digital infrastructure

Vilnius-born repairs marketplace Tingit has secured €1.5 million in fresh funding to accelerate its push across the EU, in a round led by Coinvest Capital with participation from Firstpick, NGL Ventures, and existing backers Heartfelt, BADideas, and Purpose Tech. Coinvest Capital contributed €500,000 to the round. Tingit is building what it calls a “longevity protocol” for consumer goods — an AI-powered platform that detects damage from a user-uploaded photo, matches the item with a vetted repair specialist, and instantly provides pricing and timeline estimates. The new capital will be used to scale the marketplace across Europe, deepen collaborations with fashion brands and e-commerce platforms, and further develop its proprietary AI infrastructure, as Tingit positions repair not as an afterthought but as embedded retail infrastructure for a more circular economy.

Tingit operates a digital marketplace for fashion and electronics repairs. Established in 2024, the company connects consumers with professional repair specialists through an AI-driven platform that analyzes user-uploaded photos or videos of damaged items, matches them with suitable experts, and generates price and timeline estimates. The service integrates shipping logistics, allowing items to be sent and returned via parcel networks.

The company currently operates in Lithuania and France and works with a network of more than 100 repair professionals across Lithuania, France, and Poland. Since launch, Tingit has facilitated repair appraisals for over 14,000 customers, covering items ranging from footwear and handbags to household appliances and audio equipment. Tingit positions its model within the broader shift toward circular consumption, aiming to reduce barriers associated with traditional repair services such as price uncertainty and logistical inconvenience.

“We want users to get offers even for very niche repairs anywhere in the EU. We’re starting to collaborate with fashion brands and e-commerce platforms so that Tingit becomes a natural part of the commercial infrastructure – it is what we call a ‘longevity protocol’ for your belongings,” says Indrė Viltrakytė, CEO and co-founder of Tingit.

She shares that the idea for Tingit was born in the ultimate startup fashion – at a café:

“The zipper on my handbag broke, and I suddenly realized I’d have to spend hours getting it fixed. I’d have to drive somewhere, negotiate, pay in cash, then drive back later to pick it up… A digital process just seemed so much simpler, and that intuition proved to be right.”

Coinvest Capital’s share in this investment is €500,000. The legal advisors for the deal were the law firm TEGOS, with a team led by partner Dalia Tamašauskaitė-Žilienė.

“Tingit is a perfect example of how an idea born from a founder’s personal experience – solving a mundane yet universal problem – can turn into an ambitious, fast-growing business. We believe this investment will help the team successfully implement cutting-edge solutions and reach their goals. At Coinvest Capital, we are always glad to support original ideas; in this case, Tingit has not only successfully brought its vision to market but has also begun to dictate new trends in consumption culture,” says Viktorija Trimbel, Managing Director of Coinvest Capital.

Since its launch in 2024, Tingit has raised a total of €2.02 million in external funding. In its first year, the platform successfully established itself in Lithuania and expanded into France; its network now connects over 100 skilled makers across Lithuania, France, and Poland. To date, more than 14,000 customers have used the platform to appraise items valued at over €9 million – ranging from €20 sneakers to a €15,000 Hermès handbag.

While shoe and handbag restorations are currently the most popular, Tingit is seeing a surge in requests for household appliances, audio equipment, eyewear, and luggage. The founders encourage professional repairers interested in growing their businesses to join the network.

According to Viltrakytė, the process of repairs has traditionally been a frustrating process due to price uncertainty, vague timelines, and inconvenient logistics. Tingit changes this fundamentally: a user simply uploads a photo or video of the damaged item and receives a repair quote after the AI and craftsmen evaluate the work. Items are sent via parcel lockers using a label generated by the platform.

As the co-founder emphasizes, Tingit’s mission is both environmental – preventing overconsumption – and emotional. While repairing saves money and reduces the carbon footprint, users often simply want to preserve items tied to meaningful memories.

Click to read more funding news.

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