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Rent the Runway

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Rent the Runway is a disruptive eCommerce business with a mission to democratize luxury in the U.S. – simply, we believe that everybody deserves a Cinderella experience. We provide millions of women the ability to rent designer dresses, accessories and other essentials for a fraction of the retail price, allowing them to look, and more importantly, feel, beautiful for all of their special occasions. A goal of the company is to make rental a significant part of the retail industry – our belief is that retail does not just have to be in the business of selling products but rather using products to deliver aspirational experiences. We will be expanding into new categories and countries in the short-term. Our platform is a much needed customer acquisition channel for the brand partners we work with, providing them access to a younger customer and important data.

Launched in November 2009, Rent the Runway has grown to be the leader in the global fashion rental space and is known as a “Netflix for Fashion.” We are backed by some of the top venture capitalists in the world including Kleiner Perkins, Highland Capital and Bain Capital Ventures. We’ve been recognized by The Today Show, Fortune, Fast Company, The New York Times, and Tech Crunch as one of the most innovative businesses in the U.S. Our team is filled with passionate go-getters who are always dreaming big, implementing their ideas, delivering an incredible experience to our customers and creating a fun, dynamic culture.

Recent Milestones

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  Rent the Runway added John Rucker as Cheif Financial Officer. (4/1/13)
  Posted 4/30/13 at 9:22am
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  Rent the Runway added Beth Kaplan as President & COO. (4/1/13)
  Posted 4/30/13 at 9:22am
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  Rent the Runway received $4.4M in Series C funding. (3/11/13)
  Posted 3/11/13 at 7:13pm via dowjones.com
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  Rent the Runway added Andrew Glenn as VP of Engineering. (12/1/12)
  Posted 4/30/13 at 9:22am
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  Rent the Runway received $20M in Series C funding. (11/30/12)
  Posted 11/30/12 at 6:49pm via venturebeat.com
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  Rent the Runway added Michelle Labbe as VP of Talent & Culture. (7/1/12)
  Posted 4/30/13 at 9:22am
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  Rent the Runway — Named one of Business Insider's “2011 Digital 100: The World's Most Valuable Startups” (9/1/11)
  Posted 6/20/12 at 7:13am via businessinsider.com
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  Rent the Runway received $15M in Series B funding. (5/23/11)
  Posted 5/23/11 at 4:28pm via techcrunch.com
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  Rent the Runway — Named one of Fast Company's “10 Most Innovative Fashion Companies of the Year” (1/1/11)
  Posted 6/20/12 at 7:12am via fastcompany.com
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  Rent the Runway — Named one of Newsweek's "Best Ways to Save in 2011" (1/1/11)
  Posted 6/20/12 at 7:12am
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  Rent the Runway — Business Insider’s “2011 Digital 100: The World's Most Valuable Startups” (1/1/11)
  Posted 6/19/12 at 1:16pm via businessinsider.com
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  Rent the Runway — Named one of Business Insider's The Digital 100: World’s Most Valuable Start-Ups (9/1/10)
  Posted 6/20/12 at 7:10am via businessinsider.com
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  Rent the Runway — Awarded one of TIME Magazine's "50 Best Websites of 2010" (8/1/10)
  Posted 6/20/12 at 7:08am via time.com
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  Rent the Runway added Anushka Ramchandani as VP of Merchandising. (7/1/10)
  Posted 4/4/12 at 9:44am
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  Rent the Runway added Vijay Subramanian as Chief Analytics Officer. (6/1/10)
  Posted 4/4/11 at 5:36am
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  Rent the Runway received $15M in Series A funding. (2/25/10)
  Posted 2/25/10 at 10:10pm via techcrunch.com

Videos

Screenshots

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Above: Rent the Runway Screenshot -- #1
Uploaded: 2/25/10

Above: Rent the Runway homepage
Uploaded: 4/5/12

Above: Rent the Runway Homepage
Uploaded: 5/1/13

Sources

1. Rent The Runway Raises $15 Million For The Netflix For Couture (techcrunch.com) [edit]
2. Kleiner Perkins Invests $15M in Rent the Runway (techcrunch.com) [edit]
3. Fashion fairy godmother Rent the Runway raises $20M for Cinderella moments (venturebeat.com) [edit]
4. Rent the Runway Adds Investors to Bring Series C to $24.4M (pevc.dowjones.com) [edit]
Business Insider (businessinsider.com) [edit]
Fast Company (fastcompany.com) [edit]
time.com [edit]
businessinsider.com [edit]
Citation Needed [add]
fastcompany.com [edit]
articles.businessinsider.com [edit]