Rent the Runway
Founded Year
2009Stage
Corporate Minority - P2P | IPOTotal Raised
$520.95MRevenue
$0000About Rent the Runway
Rent the Runway (NASDAQ: RENT) allows women to rent designer apparel and accessories. The company focuses on convenience on all of its platforms, including online, mobile, and retail locations in New York City, Washington, D.C., and Las Vegas. Rent the Runway serves as a marketing channel for the fashion industry, introducing a new generation of women to brands that they had limited access to before.
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Research containing Rent the Runway
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Rent the Runway in 7 CB Insights research briefs, most recently on Jan 11, 2023.
Mar 23, 2021 report
6 Trends Rising E-Commerce Players Are Leveraging To Compete Against Amazon
Feb 26, 2020 report
7 Surprising Industries Turning To Subscription Business ModelsExpert Collections containing Rent the Runway
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Rent the Runway is included in 3 Expert Collections, including E-Commerce.
E-Commerce
10,023 items
Luxury Tech
416 items
Tech-enabled companies launching new luxury brands, as well as startups providing tech solutions to the luxury industry, including e-commerce tools, marketing, and more. While these companies may not exclusively target luxury companies, they have notable luxury partners.
Tech IPO Pipeline
568 items
Rent the Runway Patents
Rent the Runway has filed 5 patents.
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
8/3/2017 | 5/19/2020 | Luggage, Bags, Criminal defense lawyers, California lawyers, Electric sports cars | Grant |
Application Date | 8/3/2017 |
|---|---|
Grant Date | 5/19/2020 |
Title | |
Related Topics | Luggage, Bags, Criminal defense lawyers, California lawyers, Electric sports cars |
Status | Grant |
Latest Rent the Runway News
Jan 23, 2023
"Collaborating with Amazon Fashion brings Rent the Runway incredible brand awareness. We believe strategic relationships like this can ignite a new engine of growth for our business," Rent the Runway's co-founder and CEO Jenn Hyman said. The post Why Rent the Runway’s partnership with Amazon is a game-changer appeared first on Inside Retail.
Rent the Runway Frequently Asked Questions (FAQ)
When was Rent the Runway founded?
Rent the Runway was founded in 2009.
Where is Rent the Runway's headquarters?
Rent the Runway's headquarters is located at 345 Hudson Street, New York.
What is Rent the Runway's latest funding round?
Rent the Runway's latest funding round is Corporate Minority - P2P.
How much did Rent the Runway raise?
Rent the Runway raised a total of $520.95M.
Who are the investors of Rent the Runway?
Investors of Rent the Runway include Temasek, Bain Capital Ventures, Franklin Templeton, Blue Pool Capital, Highland Capital Partners and 10 more.
Who are Rent the Runway's competitors?
Competitors of Rent the Runway include The Volte and 7 more.
Compare Rent the Runway to Competitors
Tulerie is a peer-to-peer clothing rental community. The platform allows users to rent clothing, shoes, and accessories to one another, with the app acting as a medium for borrowers and lenders. Tulerie was founded in 2017 and is based in New York, New York.
Avelle, dba Bag Borrow or Steal, operates as an online rented-luxury retailer. It offers handbags, sun glasses, watches, and gift cards; and jewelry, which include braceaims to let, bridal, earrings, necklaces, pins, rings, and tiaras.
GlamCorner is Australia's online designer dress hire destination for all of life's special occasions. GlamCorner operates a website where users can rent luxury designer dresses at a fraction of the retail price and have the opportunity to be seen in a new designer dress for every little occasion.
Vinted is an eCommerce platform that allows users to buy and sell clothes from their closets. The company also operates Kleiderkreisel, a second-hand marketplace that lets people sell, swap, and gift unwanted clothing. The company offers real-world marketplaces, organized so people can meet in person and swap their clothes.
Charlotte's Closet is a clothing rental service specifically designed with teens and young adults in mind. It allows customers to rent curated looks for special events and everyday fashion at a discount.
The Volte is a marketplace for designer rentals connecting borrowers to a large national network of individuals, corporate rental boutiques, and designers. The Volte provides users with a fully integrated service including door-to-door couriers, secure payment gateways, and professional graphic designers.
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