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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.

TypePrivate
Founded2009
HQNew York, US
Websiterenttherunway.com
Employee Ratings3.2

Latest Updates

Employees (est.) (Mar 2019)932(+5%)
Job Openings72
Revenue (Y, 2014)$44 M

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 New York, San Francisco, Washington, Beverly Hills and in 2 other locations
New York, US (HQ)
163 Varick St 5th Floor
Beverly Hills, US
301 N Canon Dr
Chicago, US
710 N Wabash Ave
Los Angeles, US
6320 Topanga Canyon Blvd Suite 1660, Woodland Hills
New York, US
260 5th Ave
San Francisco, US
150 Stockton St 5th Floor, San Francisco
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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

8 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
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Rent the Runway Online and Social Media Presence

Embed Graph
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Rent the Runway News and Updates

Why Rent the Runway Co-Founder Jenny Fleiss Started Every Investor Meeting With a Video

Tips female founders can use to navigate the still predominantly male venture landscape in the U.S..

Rent the Runway and West Elm partner to rent customers home decor

Rent the Runway will partner with Williams-Sonoma Inc's West Elm brand to allow subscribers to rent home decor, the clothing rental company said on Thursday.

Rent the Runway is getting into the home business, teaming up with West Elm

Now, as it's done with apparel, Rent the Runway is giving shoppers the ability to swap decorations for their homes as much as they want.

Would you rent pillows and blankets? Rent the Runway is betting on it

Rent the Runway has found that customers are willing to rent almost anything the brand makes available. Are blankets and throw pillows a step too far? When I first got Instagram nearly a decade ago, my feed was like a virtual Vogue center spread, full of gorgeous images of leather jackets and the ne…

FedEx's new service is delivering Rent the Runway in under 24 hours in New York City as the race for lightning-fast deliveries tightens

FedEx recently announced its FedEx Extra Hours service, which delivers goods ordered online as late as 2 a.m. for next-day local delivery and two-day shipping to any address in the continental US. In the New York City and New Jersey metro area, Rent the Runway has adopted the service. Jennifer H…

Former executives from Casper and Rent the Runway have teamed up to fix the most nightmarish part of home renovation

Former executives from Casper and Rent the Runway teamed up to create Block, a company that tackles the nightmare of home renovation. By coordinating every aspect of a remodel from start to finish, the company hopes to save homeowners time, money, and effort.  Block's first phase is limited to bat…
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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 932 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 $47.2 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 St 5th Floor, New York.

  • Where are Rent the Runway offices?

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

  • How many offices does Rent the Runway have?

    Rent the Runway has 7 offices.