Rent the Runway rents designer dresses, clothing, and accessories for women through its stores and online. It provides apparel, such as party dresses, gowns, jumpsuits and rompers, outer wear tops and bottoms, and jackets and coats; and jewelry, handbags, scarves, hats, and sunglasses. The Company introduces women to new brands and gives them the opportunity to have an endless closet.

Employee Rating

3.4More
TypePrivate
HQNew York, US
Founded2009
Size (employees)752 (est)+6%
Websiterenttherunway.com
Rent the Runway was founded in 2009 and is headquartered in New York, US
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Key People/Management at Rent the Runway

Maureen Sullivan

Maureen Sullivan

COO
Jennifer Hyman

Jennifer Hyman

Co-Founder & Head of Business Development
Jennifer Fleiss

Jennifer Fleiss

Co-Founder and Head of Business Development
Beth Kaplan

Beth Kaplan

Board Member
Scarlett OSullivan

Scarlett OSullivan

CFO
Inna Vartelsky

Inna Vartelsky

VP, Controller
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Rent the Runway Office Locations

Rent the Runway has offices in Beverly Hills, Woodland Hills, New York, San Francisco and in 2 other locations
New York, US (HQ)
163 Varick Street, 5th Floor
Beverly Hills, US
260 Sample Sale LA 265 N Beverly Drive
Chicago, US
710 N Wabash Ave
New York, US
260 5th Ave
San Francisco, US
150 Stockton Street, 5th Floor Union Square
Washington, US
3336 M St NW
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Rent the Runway Financials and Metrics

Summary Metrics

Founding Date

2009

Rent the Runway total Funding

$416.2 m

Rent the Runway latest funding size

$200 m

Time since last funding

3 months ago

Rent the Runway investors

Rent the Runway's latest funding round in August 2018 was reported to be $200 m. In total, Rent the Runway has raised $416.2 m. Rent the Runway's latest valuation is reported to be $800 m.
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Rent the Runway Revenue

Rent the Runway's revenue was reported to be $44 m in Y, 2014
USD

Revenue (Y, 2014)

44.0m

Market valuation

800.0m
USDY, 2014

Revenue

44.0m
USDY, 2014

Revenue/Employee

105.9k
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Rent the Runway Operating Metrics

Y, 2016

Paying Customers

6 m
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Rent the Runway Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Go Try It OnJune 25, 2013

Human Capital Metrics

Rent the Runway's employees are reported to be approximately 67% female and 33% male.
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Rent the Runway Online and Social Media Presence

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Rent the Runway News and Updates

Rent the Runway and WeWork’s deal encourages you to wear rented clothes at your rented desk

Imagine this: You, a working American woman, wake up in the morning and get dressed for work, not in clothes you own, but in ones…

Rent the Runway brings high-end fashion to the office with drop boxes at WeWork

The drop boxes will be set up in six U.S. cities — New York, San Francisco, Los Angeles, Chicago, D.C. and Miami — allowing customers to more quickly return and order clothing, the companies announced Thursday.

WeWork Is Getting Into Workplace Fashion With Rent the Runway

WeWork Is Getting Into Workplace Fashion With Rent the Runway

Rent the Runway opens physical store in San Francisco

Rent the Runway, the fashion startup that began as a rental service for special occasions and has since evolved over the last couple of years into a service for people also looking to spice up their everyday wear, just opened up its fifth physical, standalone location. The new location, in downtown …
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Rent the Runway Company Life and Culture

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Rent the Runway Frequently Asked Questions

  • When was Rent the Runway founded?

    Rent the Runway was founded in 2009.

  • Who are Rent the Runway key executives?

    Rent the Runway's key executives are Maureen Sullivan, Jennifer Hyman and Jennifer Fleiss.

  • How many employees does Rent the Runway have?

    Rent the Runway has 752 employees.

  • What is Rent the Runway revenue?

    Latest Rent the Runway annual revenue is $44 m.

  • What is Rent the Runway revenue per employee?

    Latest Rent the Runway revenue per employee is $58.5 k.

  • Who are Rent the Runway competitors?

    Competitors of Rent the Runway include Letgo, thredUP and Swap.com.

  • Where is Rent the Runway headquarters?

    Rent the Runway headquarters is located at 163 Varick Street, 5th Floor, New York.

  • Where are Rent the Runway offices?

    Rent the Runway has offices in Beverly Hills, Woodland Hills, New York, San Francisco and in 2 other locations.

  • How many offices does Rent the Runway have?

    Rent the Runway has 7 offices.