Rent the Runway
IPOThe largest shared designer closet
Public · New York, United States · Founded 2009 · $435.6M raised
- Headquarters
- New York, New York
- Employees
- 1001–5000
- Founded
- 2009
- Business Model
- Marketplace
- Website
- renttherunway.com
- Total Funding
- $435.6M
- Last Round
- $81.2M Series G+May 2021
- Rounds
- 8
- Type
- Public
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 9 funding rounds for this company. The full record is or through the API.
About
Rent the Runway was founded in 2009 by Jennifer Hyman and Jennifer Fleiss at Harvard Business School. The company allows members to rent or subscribe to designer clothing, handbags, jewelry, and accessories from over 750 brands including Staud, Sandro, Veronica Beard, and Reformation. Its subscription model lets members receive rotating shipments of clothing for a monthly fee. Rent the Runway went public on Nasdaq in October 2021 (ticker: RENT) and is headquartered in Brooklyn, New York. The platform has over 9 million community members.
Summary
Rent the Runway is an E-Commerce company based in New York, United States, founded in 2009. It has raised $435.6M in total across 8 rounds, most recently a $81.2M Series G+ round in May 2021.
Tech & App Stack
7 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
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Funding & Exit History
Oct 2021
Sign up to see all 9 events
Funding: Seed through Series G+. Amounts, valuations, and investors where available.
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