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 Ratings3.1
Overall CultureC+

Latest Updates

Employees (est.) (Oct 2021)809
Job Openings65
Revenue (Y, 2014)$44 M
Cybersecurity ratingCMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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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

3 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

C

78/100

SecurityScorecard logo

Rent the Runway Online and Social Media Presence

Embed Graph

Rent the Runway Company Culture

  • Overall Culture

    C+

    68/100

  • CEO Rating

    C-

    63/100

  • Compensation

    D

    58/100

Learn more on Comparably

Rent the Runway News and Updates

Rent the Runway calls on women in workplaces in its IPO

Will Rent the Runway be an index for women’s return to work? Or will a mix of hybrid work and its own business model make that impossible? Read More

Rent the Runway files for IPO

Fashion rental company Rent the Runway has filed for IPO. Based in Brooklyn, N.Y. and launched from an idea that Co-Founder and Chief Executive Jennifer Hyman had in 2008, Rent the Runway generated revenue of $256.9 million in 2019 and $157.5 million in 2020. Net losses were $153.9 million in 2019 a…

Rent the Runway files for IPO, revealing losses mounted during pandemic but subscribers rebounding

Rent the Runway filed for an initial public offering Monday, revealing that its subscriber base fell during the Covid pandemic but has begun to grow again.

Rent the Runway is poaching execs from Amazon as it looks to beef up its logistics and supply chain operations and eyes an IPO

Summary List PlacementRent the Runway has made key hires from Amazon as it's looked to beef up its logistics and supply-chain operations over the past year and a half. Three of those hires have come in the past four months. Tony Clarke joined as the vice president of fulfillment design and technol…

Rent the Runway is mulling plans to go public via an IPO as early as this year, report says

Summary List PlacementRent the Runway, the designer clothes rental business, could go public via an initial public offering (IPO) as early as this year, Bloomberg reported Thursday. People familiar with the matter told the publication that Rent the Runway was already interviewing banks in preparat…

Rent the Runway enters the $30 billion resale market, making its secondhand designer clothes available for all shoppers to buy, as well as rent

Summary List PlacementRent the Runway, the designer clothes rental business, is now selling clothes too, entering a booming resale market. This week, the startup confirmed that all shoppers could now buy used designer clothing from its site at a discount. Previously, this option was only available…
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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 809 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 $54.4 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.