Rent the Runway is a designer clothing rental subscription service, allowing users to borrow and wear designer fashion for various occasions.

Rent the Runway

Founded in 2009, Rent the Runway is disrupting the trillion-dollar fashion industry and changing the way women get dressed through the Closet in the Cloud, the world’s first and largest shared designer closet. RTR’s mission has remained the same since its founding: powering women to feel their best every day. Through RTR, customers can subscribe, rent items a-la-carte and shop resale from hundreds of designer brands. The Closet in the Cloud offers a wide assortment of millions of items for every occasion, from evening wear and accessories to ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear and ski wear. RTR has built a two-sided discovery engine, which connects deeply engaged customers and differentiated brand partners on a powerful platform built around its brand, data, logistics and technology. Under CEO and Co-Founder Jennifer Hyman’s leadership, RTR has been named to CNBC’s “Disruptor 50” five times in ten years, and has been placed on Fast Company’s Most Innovative Companies list four times, while Hyman herself has been named to the “TIME 100: Most Influential People in the World" and as one of People Magazine’s “Women Changing the World."

Temasek Holdings

Manhattan Venture Partners

UIT Growth Equity

Fidelity

Fidelity Management and Research Company

Bain Capital Ventures

Franklin Templeton

Blue Pool Capital

SuRo Capital

Rent The Runway

It's a very exciting time at Rent The Runway as we're focused on innovating our experience to drive significant GROWTH. This means we want customer obsessed leaders who are creative and willing to disrupt traditional ecommerce norms. We have two exciting roles open on our Product Team right now (a Director of Product and a Senior Product Manager) - please reach out if you're interested! Current or former customers encouraged to apply:) https://lnkd.in/gucUZ6Mh

This Women’s History Month, our CEO & Co-Founder, Jennifer Hyman, is thinking about the change we need to see to get more women to the top in the corporate world. For decades women have had the professional qualifications for upward mobility in their careers, but progress has been too slow. 

Jenn believes that a key accelerant for women in the workplace is a vocal community of advocates that publicly champion our successes and accomplishments. However, studies show that women are less likely to self-promote their professional accolades than their male counterparts — and because they talk less about themselves, their accomplishments become less visible.

Rent the Runway is looking to change the conversation by encouraging women to show off — so that their professional victories become more seen and talked about. It’s this very self-promotion that will enable women to more quickly ascend the corporate ladder. 

Today, we are hoping to kick off a virtuous cycle of lifting women up through public recognition on LinkedIn. During March, Rent the Runway is gifting $1M in free one month subscriptions of our most popular 10-item plan to women who have recently experienced a recent professional accomplishment that deserves celebrating. You can either self-nominate by commenting on Jenn’s post and sharing an accolade you've recently achieved at work… or you can nominate a friend who’s recently experienced a professional win and tell her story, too. #RTRShowOff #IWD2024

We are thrilled to announce NATALIE MCGRATH as our new Chief Marketing Officer. Welcome Natalie, we are excited to have you as part of the team as we embark on a new era of growth! Thank you The Wall Street Journal and Katie Deighton for sharing what's ahead for Rent the Runway and our community.   

https://lnkd.in/e-JudecZ

📣 Rent the Runway has launched LUXURY 📣

Our mission has always been to democratize fashion and with the launch of The Vault, we are making luxury more accessible than ever. This collection features high fashion by universally-beloved designers such as Oscar de la Renta, Etro, RACHEL GILBERT, Zac Posen and provides unparalleled access to coveted designer looks retailing for $1,000-$8,000. 

Our team has built incredible relationships with designers since 2009, and we've gone from convincing brands that rental is the future to seeing some of the biggest fashion houses in the world consider RTR an important customer awareness and acquisition channel. 

We are thrilled to see this initiative come to life as yet another testament to our commitment to our customer and providing a unique and magical experience.

#designer #luxury #rental #fashion

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Owner

Annika Sandberg

President & COO

Anushka Salinas

CEO, Co-Founder and Chair of the Board

Jennifer Hyman

Founder

Katie Atkinson

Chief Technology Officer

Larry Steinberg

Chief Financial Officer

Scarlett O'Sullivan

VP of Financial Planning & Analysis

Christopher Westington

VP, Managing Director & Site Lead

Dorothy Creaven

VP Customer Experience at Rent the Runway

Ms. Becky Leader

VP, Executive Recruitment

Rebecca Blum

Scott Friend

Dan Nova

Maya S. Noeth

Carley Roney

Bob Sauerberg

Timothy E. Bixby

Steve Anastos

Courtney Robinson

Co-Founder & Chief Executive Officer

Angie Hellman

VP, Product Marketing, Customer Strategy, Research & Insights

Ken Ackerson

Senior iOS Engineer

Becky Case

Senior Vice President Of Engineering

Saimon Sharif

Software Engineer

Jennifer Fleiss

Co-Founder

Vinny Coyne

Staff Engineer

Northeastern US Public Companies With More Than 10 Employees

New York Companies With More Than $10M in Revenue (Top 10K)

Consumer Goods Companies With More Than 500 Employees

Fashion Companies With More Than $50M in Revenue

Rent the Runway is an online e-commerce website that allows women to rent designer apparel and accessories. It is transforming the way modern women get dressed - and in turn, disrupting the $1.7 trillion fashion industry - through the concept of renting over buying clothing.

Founded in 2009 by Jennifer Hyman and Jennifer Fleiss, RTR pioneered the ‘closet in the cloud’ and believes that women everywhere will soon have a subscription to fashion, making renting an indispensable utility while also empowering them to feel like their best selves every day. RTR carries hundreds of thousands of pieces of apparel and accessories by 550+ designer partners with options for work, weekends, and special occasions.

The company has built proprietary technology, one-of-a-kind reverse logistics operation, and retail stores of the future that bring the dream closet to life. RTR has raised more than $200M from top-tier investors, has more than eight million users, and prides itself on the entrepreneurial, dream-big culture at the company which employs 1,200 people -- 70% of whom are women and 71% are minority/non-white.

In 2015, the co-founders launched the Rent the Runway Foundation, supporting tens of thousands of female entrepreneurs in building and scaling their businesses.

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Series E - Rent the Runway

New York

United States

North America

Rent the Runway to Report Third Quarter 2024 Results on December 9, 2024

Rent the Runway to Participate in Upcoming Investor Conferences

Rent the Runway and TeenTurn Partner to Empower Young Women in STEM

Rent the Runway: Fashion Brands Can’t Grow on Digital Alone

Rent the Runway reports flat revenue, high customer satisfaction in earnings

Rent the Runway quadruples stock value after doubling down on AI

From rags to riches, Rent the Runway goes from penny stock to quadrupling share prices in days after doubling down on AI

Rent the Runway shares get caught up in AI frenzy, surge over 200%

Rent the Runway turns to resale, advertising in renewed growth push

Rent the Runway Shares Jump As It Projects Return to Revenue Growth

A subscription service allowing members to rent new designer styles each month, with plans starting at $79.

A service allowing users to rent designer clothing and accessories for a monthly fee, providing access to a rotating wardrobe.

A service for renting designer clothing and accessories for a specific event, including a free backup size and dry cleaning.

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Revolve is a fashion and apparel company offering a wide range of clothing and accessories.

Revolve

Rent the Runway is an e-commerce platform that offers rental, subscription, and purchase options for designer apparel and accessories, aiming to provide women with access to a dream closet filled with an infinite selection of designer styles.

Rent the Runway, Inc. rents designer wear for women through its stores and online retail. The company offers ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, ski wear, home goods, evening wear, and kids wear, as well as accessories. It also engages in the software development and support activities. The company was incorporated in 2009 and is headquartered in Brooklyn, New York.

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COM:RENTTHERUNWAY

Rent the Runway

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