OverviewSuggest Edit

Rent the Runway is a company that rents designer dresses, clothing, and accessories for women through its stores and online. It provides apparel, such as party dresses, gowns, jumpsuits and rompers, outerwear tops and bottoms, and jackets and coats; and jewelry, handbags, scarves, hats, and sunglasses.

TypePrivate
Founded2009
HQNew York, NY, US
Websiterenttherunway.com
Employee Ratings2.9
Overall CultureB-

Latest Updates

Employees (est.) (Jan 2021)778(-1%)
Revenue (Y, 2014)$44 M
Cybersecurity ratingBMore

Key People/Management at Rent the Runway

Maureen Sullivan

Maureen Sullivan

COO
Jennifer Hyman

Jennifer Hyman

CEO and Co-Founder
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 an office in New York
New York, NY, US (HQ)
Hudson Street, 345 Hudson St Floor 6
Show all (1)

Rent the Runway Financials and Metrics

Summary Metrics

Founding Date

2009

Rent the Runway total Funding

$521 m

Rent the Runway latest funding size

$125 m

Time since last funding

2 years ago

Rent the Runway investors

Rent the Runway's latest funding round in March 2019 was reported to be $125 m. In total, Rent the Runway has raised $521 m. Rent the Runway's latest valuation is reported to be $1 b.
View all funding rounds

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

1.0b
USDY, 2014

Revenue

44.0m
USDY, 2014

Revenue/Employee

105.9k
Show all financial metrics

Rent the Runway Operating Metrics

Y, 2016

Office and Retail Space, square feet

8 k

Paying Customers

6 m
Show all operating metrics

Rent the Runway Acquisitions / Subsidiaries

Company NameDateDeal Size
Go Try It OnJune 25, 2013

Rent the Runway Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

Rent the Runway Online and Social Media Presence

Embed Graph

Rent the Runway Company Culture

  • Overall Culture

    B-

    70/100

  • CEO Rating

    B

    73/100

  • Compensation

    C-

    60/100

Learn more on Comparably

Rent the Runway News and Updates

Inside the fight to save Rent the Runway

Summary List PlacementHello everyone! Welcome to this weekly roundup of Business Insider stories from executive editor Matt Turner. Subscribe here to get this newsletter in your inbox every Sunday. Read on for an inside look at Rent the Runway CEO Jennifer Hyman's fight to save her company, the LeBr…

Rent the Runway cuts unlimited subscription model because customers just weren’t that into it

Customers didn’t actually take advantage of the unlimited offerings, hinting at a lack of interest in constantly changing trends. If you could pay $139 to wear an unlimited number of clothes by top designers every month, would you do it? For most people, the answer is no, according to Rent the Runwa…

Rent the Runway shutters all brick-and-mortar stores

Brands have already permanently shuttered more than 6,000 stores in 2020. This year, brands have permanently shuttered more than 6,000 stores. Now Rent the Runway counts among them.Read Full Story

The clothing rental start-up Rent the Runway is closing all of its stores for good

The clothing subscription start-up Rent the Runway is planning to permanently close its five stores across the U.S., not reopening them after they were temporarily forced shut due to the Covid-19 crisis, the company told CNBC.

Re-Commerce Retailing Market to witness huge potential in future with key players: Poshmark, OLX, Rent the Runway, Quikr

A new business intelligence report released by HTF MI with title "Global Re-Commerce Retailing Sales Market(Sales,Revenue and competitors Analysis of Major Market)from 2014-2026" is designed covering micro level of analysis by manufacturers and key business segments. Posted via Industry Today. Foll…

Rent the Runway Nears Funding Below Last $1 Billion Value

Rent the Runway Nears Funding Below Last $1 Billion Value
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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 778 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 $56.6 k.

  • Who are Rent the Runway competitors?

    Competitors of Rent the Runway include One Kings Lane, Le Tote and Stitch Fix.

  • Where is Rent the Runway headquarters?

    Rent the Runway headquarters is located at Hudson Street, 345 Hudson St Floor 6, New York.

  • Where are Rent the Runway offices?

    Rent the Runway has an office in New York.

  • How many offices does Rent the Runway have?

    Rent the Runway has 1 office.