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
COO
Jennifer Hyman
Co-Founder & Head of Business Development
Jennifer Fleiss
Co-Founder and Head of Business Development
Beth Kaplan
Board Member
Scarlett OSullivan
CFO
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 | $216.2 m |
Rent the Runway latest funding size | $20 m |
Time since last funding | 4 months ago |
Rent the Runway investors | Advance Publications, Condé Nast, Bain Capital Ventures, Jack Ma, American Express Ventures, Fidelity Management and Research Company, Highland Capital Partners, Kleiner Perkins Caufield & Byers, Blue Pool Capital, Joseph Tsai, Novel TMT Ventures, TCV |
Rent the Runway's latest funding round in March 2018 was reported to be $20 m. In total, Rent the Runway has raised $216.2 m. Rent the Runway's latest valuation is reported to be $800 m.
Rent the Runway Revenue
Rent the Runway's revenue was reported to be $44 m in Y, 2014
| USD | |
|---|---|
Revenue (Y, 2014) | 44 m |
Market valuation | 800 m |
- Source: Techcrunch
| USD | Y, 2014 |
|---|---|
Revenue | 44 m |
- Source: Techcrunch
| USD | Y, 2014 |
|---|---|
Revenue/Employee | 105.9 k |
Rent the Runway Acquisitions / Subsidiaries
| Acquired Company | Date | Deal Size |
|---|---|---|
| Go Try It On | June 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
50.16k Twitter followers
Rent the Runway has 50.16k number of Twitter Followers. The number of followers has decrease 2.8% month over month and decrease 2.6% quarter over quarter
703.33k Facebook likes
Rent the Runway has 703.33k number of Facebook Likes. The number of likes has grown 2.4% quarter over quarter
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Rent the Runway News and Updates
July 13, 2018
How These Five Women Entrepreneurs Impressed the Founders of Rent the Runway
Meet the startups that blew everyone away at this year's Project Entrepreneur venture competition.
June 07, 2018
Rent the Runway extends logistics tools to luxury fashion brands
The clothing rental platform is now sharing is strategies with high-end fashion labels.
Since launching in 2009, Rent the Runway has transformed from an evening-wear rental company to, in cofounder and CEO Jennifer Hyman’s words, a full-service “closet in the cloud,” offering members clothes and acc…
October 16, 2017
Rent the Runway Introduces Lower Price Subscription Plan
At $89 per month, 'RTR Update' will aim to attract more millennial consumers to the clothing rental service.
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Rent the Runway Company Life and Culture
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