RENT THE RUNWAY
Rent the Runway is an online e-commerce website that allows women to rent designer apparel and accessories. It is transforming the way modern women get dressed - and in turn, disrupting the $1.7 trillion fashion industry - through the concept of renting over buying clothing. Founded in 2009 by Jennifer Hyman and Jennifer Fleiss, RTR pioneered the ‘closet in the cloud’ and believes that women everywhere will soon have a subscription to fashion, making renting an indispensable utility while a... lso empowering them to feel like their best selves every day. RTR carries hundreds of thousands of pieces of apparel and accessories by 550+ designer partners with options for work, weekends, and special occasions. The company has built proprietary technology, one-of-a-kind reverse logistics operation, and retail stores of the future that bring the dream closet to life. RTR has raised more than $200M from top-tier investors, has more than eight million users, and prides itself on the entrepreneurial, dream-big culture at the company which employs 1,200 people -- 70% of whom are women and 71% are minority/non-white. In 2015, the co-founders launched the Rent the Runway Foundation, supporting tens of thousands of female entrepreneurs in building and scaling their businesses.
RENT THE RUNWAY
Industry:
Consumer Goods E-Commerce Fashion Retail
Founded:
2009-01-01
Address:
New York, New York, United States
Country:
United States
Website Url:
http://www.renttherunway.com
Total Employee:
501+
Status:
Active
Contact:
+1 800 509 0842
Email Addresses:
[email protected]
Total Funding:
526.15 M USD
Technology used in webpage:
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Current Advisors List
Current Employees Featured
Founder
Stock Details
Acquisitions List
Date | Company | Article | Price |
---|---|---|---|
2013-06-25 | Go Try It On | Go Try It On acquired by Rent the Runway | N/A |
Investors List
SuRo Capital
SuRo Capital investment in Venture Round - Rent the Runway
Manhattan Venture Partners
Manhattan Venture Partners investment in Secondary Market - Rent the Runway
Franklin Templeton Investments
Franklin Templeton Investments investment in Series F - Rent the Runway
Bain Capital Ventures
Bain Capital Ventures investment in Series F - Rent the Runway
UIT Growth Equity
UIT Growth Equity investment in Secondary Market - Rent the Runway
Temasek Holdings
Temasek Holdings investment in Debt Financing - Rent the Runway
Blue Pool Capital
Blue Pool Capital investment in Venture Round - Rent the Runway
Manhattan Venture Partners
Manhattan Venture Partners investment in Secondary Market - Rent the Runway
TCV
TCV investment in Series E - Rent the Runway
Fidelity Management and Research Company
Fidelity Management and Research Company investment in Series E - Rent the Runway
Newest Events participated
Key Employee Changes
Date | New article |
---|---|
2021-10-28 | Rent the Runway makes history by going public with a female CEO, COO and CFO |
Official Site Inspections
http://www.renttherunway.com Semrush global rank: 70.71 K Semrush visits lastest month: 1.57 M
- Host name: 151.101.66.132
- IP address: 151.101.66.132
- Location: United States
- Latitude: 37.751
- Longitude: -97.822
- Timezone: America/Chicago