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Rent the Runway Stock

E-Commerce For Designer Apparel Rentals

Founded

2009

Notable Investors

Bain Capital Ventures

Headquarters

New York NY, US

Total Funding

$466M

About Rent the Runway Stock

Rent the Runway is a subscription fashion service that allows users to rent designer clothing. The company aims to reduce the environmental impact of the clothing industry by increasing the life and utilization of clothing. Rent the Runway aims to provide a hassle-free rental option, by giving users the ability to order backup sizes, try on clothes in store, and use various drop off locations.

See here for an interview with Jennifer Hyman, Rent the Runway's founder and CEO, on COVID-19 and the company.

Rent the Runway reportedly has about 100,000 active subscribers. The company was founded in November 2009 and is headquartered in New York City.

Investors

Advance Publications, Inc.

Rent the Runway, Taboola

Blue Pool Capital

Grail, Rent the Runway

Condé Nast

Rent the Runway

Reimagined Ventures

Rent the Runway

Funding History

July 2009$1.8M
February 2010$15.0M
May 2011$15.5M
November 2012$20.5M
February 2013$3.9M
December 2014$61.5M
February 2018$81.0M
March 2019$135M
April 2020$132M

Management

Chief Executive Officer

Jennifer Hyman

Chief Financial Officer

Scarlett O'Sullivan

Chief Technology Officer

Larry Steinberg

Press

Other Companies

EquityZen does not have an affiliation with, formal relationship with, or endorsement from Rent the Runway or any companies feature above. This profile is based on publicly available information and is intended to be informative in nature.

Some data provided by Crunchbase

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