Rent the Runway is a e-commerce business with a mission to build what they call a "closet in the cloud." The company provides millions of women the ability to rent designer dresses, accessories and other essentials for a fraction of the retail price. A goal of the company is to make rental a significant part of the retail industry – their belief is that retail does not just have to be in the business of selling products but also using products to deliver aspirational experiences. The company launched in November 2009 and is headquartered in New York City.
Source: Rent The Runway
*Based on Preferred Stock Price, Rent the Runway does not have a stock symbol since it is currently private and is yet to have an IPO.
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