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Rent The Runway

Empowering women to rent unlimited designer styles for everyday and occasion

Status:
Exited
In Portfolio

Rent the Runway was founded in 2009 by Jenn Hyman and Jenny Fleiss, allowing millions of women to rent and reserve designer clothes through a subscription process. Our core product is a monthly shipment of 4 fashion items chosen by the subscriber, which are returned for new items after use -- Rent the Runway even does all the dry cleaning!

Rent the Runway's mission is to make women feel empowered and self-confident every single day -- building the world’s first and only ‘closet in the cloud’: a dream closet filled with an infinite selection of designer styles. With an unlimited closet, women can more freely express themselves and dress for the incredible lives they lead – whether that’s a special look for a big event or rotating outfits for everyday.

Rent the Runway is funded by Bain Capital Ventures, Kleiner Perkins, Highland Capital Partners, Temasek Holdings, and TCV with office and retail locations in New York, San Francisco, Los Angeles, Chicago, and Washington DC.

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