Rent the Runwa…
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Rent the Runway

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    • RetailTechnologyaccessoriesclothingecommercefashionrental

    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.

    Revenue(Y, 2014)
    $44 M
    Market valuation(2018-03-09)
    $800 M
    Total Funding
    $416.2 M

    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

    		Advance Publications, Condé Nast, Bain Capital Ventures, Temasek Holdings, American Express Ventures, Fidelity Management and Research Company, Highland Capital Partners, Kleiner Perkins Caufield & Byers, Blue Pool Capital, Joseph Tsai, Novel TMT Ventures, TCV, Jack Ma
    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
    show all
    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

    Source: www.deartechpeople.com, github.com
    Rent the Runway's employees are reported to be approximately 67% female and 33% male.
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    Competitors

    Letgo
    Retail - Private
    thredUP
    Retail - Private
    Swap.com
    Retail - Private
    Stitch Fix
    Retail - Public
    Le Tote
    Retail - Private
    Compare competitors

    Rent the Runway Online and Social Media Presence

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    Rent the Runway News and Updates

    October 31, 2018

    Rent the Runway COO: This is the key to success in business (and life)

    Anyone can develop it.
    October 19, 2018

    WeWork Rent the Runway, Heidi Cruz, Cyan Banister: Broadsheet October 19

    The Broadsheet for Oct. 19
    October 18, 2018

    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…
    October 18, 2018

    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.
    October 18, 2018

    WeWork Is Getting Into Workplace Fashion With Rent the Runway

    WeWork Is Getting Into Workplace Fashion With Rent the Runway
    September 18, 2018

    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.