

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."
Founding Year
2009
Headquarters
NYC
,
United States
Sector(s)
Ecommerce
Funding State
Pre-Seed
Seed
Series A
Series B+
Exited
Total Funding Amount
$938.20M
Funds that Investested
Bain Capital Ventures
Invests in seed to growth-stage startups that uses tech to disrupt existing markets or create entirely new ones.
Pre-Seed
Seed
Series A
Series B+
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ACME Capital
Invests in breakthrough technologies that fuel platform shifts and disruptive business models that capitalize on new platforms.
Pre-Seed
Seed
Series A
Series B+
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Flight Ventures
Flight Ventures is a venture capital firm that invests in SaaS and financial services.
Pre-Seed
Seed
Series A
Series B+
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Kleiner Perkins
Kleiner Perkins was founded in the 1970s by Tom Perkins and Eugene Kleiner. The firm is focused on early-stage digital consumer and enterprise, green tech and life sciences companies.
Pre-Seed
Seed
Series A
Series B+
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Investors that Investested
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