Rent the Runway
Latest round
- Series G
Last raised
- Jun 2020
Total raised
- $304M
Investors
- 13
About Rent the Runway
Founded in 2009 and based in New York, US, Rent the Runway, Inc. operates a cloud-based e-commerce platform. The company was founded by its CEO Jennifer Hyman, and Jennifer Fleiss. In October 2021, Rent the Runway, Inc.<br /><br />Rent the Runway, Inc.55 million shares purchase option to underwriters as part of the listing. Rent the Runway operates an e-commerce platform that allows users to rent and buy designer clothing and accessories on a one-time or subscription basis and is available as both an online web application and a mobile application. Its offerings range from women’s clothes, wedding dresses, pants, gowns, to handbags and jewelry items from famous brands such as Alexis, FARM Rio, Staud, Tanya Taylor, and Ulla Johnson. The platform also offers its customers preselected dresses with matching accessories for various occasions such as nights out, different types of parties, and for weddings. The company’s subscription packages start from USD 89 per month for renting 4 items up to USD 199 for 16 items along with free shipping.
Who invested in Rent the Runway
13 investors across 8 rounds
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Funding rounds
Series G
Jun 17, 2020
Amount
$5M
Investors
Series F
Mar 20, 2019
Amount
$125M
Investors
Series E
Dec 22, 2016
Amount
$60M
Investors
Series D
Dec 19, 2014
Amount
$60M
Investors
Series C
Mar 11, 2013
Amount
$4.4M
Investors
Series C
Nov 20, 2012
Amount
$20M
Investors
Series B
May 23, 2011
Amount
$15M
Investors
Series A
Feb 24, 2010
Amount
$15M
Investors
Questions about Rent the Runway
Who invested in Rent the Runway?
Rent the Runway has 13 investors on record across 8 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Rent the Runway raised?
Rent the Runway has raised 8 venture rounds. Sign up free to see how much each round raised and the total.
When did Rent the Runway last raise money?
Rent the Runway's most recent round on record is a Series G, in Jun 2020.
What does Rent the Runway do?
Founded in 2009 and based in New York, US, Rent the Runway, Inc.
Where is Rent the Runway headquartered?
Rent the Runway is headquartered in New York, US.
Which VCs invest in companies like Rent the Runway?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back retail companies at Rent the Runway's stage. Their profiles are linked below.
VCs backing retail startups at Series G
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