Rent The Runway Annual Revenue, Number of Employees, Growth and Funding

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Overview

Location:
Total Funding:$461M
Industry:Retail
Founded:2009
Lead Investor(s):Temasek
Press
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City Ranking

Industry Ranking

State Ranking

Estimated Revenue & Financials

  • Rent The Runway's estimated annual revenue is currently $266.3M per year.
  • Rent The Runway received $125.0M in venture funding in March 2019.
  • Rent The Runway's estimated revenue per employee is $227,000
  • Rent The Runway's total funding is $461M.

Employee Data

  • Rent The Runway has 1173 Employees.
  • Rent The Runway grew their employee count by 26% last year.
  • Rent The Runway currently has 1 job openings.

Executive Contacts

NameTitle
Jennifer HymanCeo And Co-founder
Tammy ShefferChief People Officer
Hannah SchreckManager, Technical Recruiting
Claudia HuapayaVP, Customer Experience & Retail
Radhika VyasIT Project Manager
Katherine FabianskiOperations Manager
Dikaios MihalitsisDirector Of Inventory
Thomas MyersOperations Manager
Toye HartSr. Manager, Talent Acquisition - Operations
Torye TaylorOperations Manager

Recently named #9 on CNBC's Disruptor 50 list for 2018, Rent the Runway is transforming the $1.7 trillion global fashion industry by introducing clothing rental as a utility for women. We have pioneered the closet in the cloud and believe that every person globally will soon have a subscription to fashion. Since our launch in late 2009, we have raised $210M from top-tier investors and built one of the most beloved brands on earth. We are proud to be both a profitable and high-growth business, with a loyal 8 million strong customer base who share the experience of renting as being empowering and smart. Our 1000+ employees have a revolutionary spirit that permeates our culture. We've built - proprietary technology, a one-of-a-kind reverse logistics operation, stores of the future, a viral brand, relationships with hundreds of fashion brands - and we are obsessed with continuing to game change our customer experience. We are also trying to revolutionize entrepreneurship itself - proving that diverse teams produce outsized impact. The Rent the Runway Foundation, which our two co-founders launched together in 2015, helps thousands of female entrepreneurs build and scale their own businesses with the mission of increasing the number of high growth women-led companies. Check out our career opportunities at http://www.renttherunway.com/careers

keywords:Automotive

1173

Number of Employees

$266.3M

Revenue (est)

1

Current Jobs

26%

Employee Growth %

$461M

Total Funding

N/A

Valuation

N/A

Accelerator

N/A

Type

NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
Rent The Runway
$266.3M117326%N/A
Bernard Chaus
$27.2M12013%N/A
Scentbird
$20M88-14%N/A
Naadam
$8.4M3732%N/A
Travers Tool Co...
$26.8M1180%N/A
International S...
$38.1M1683%N/A
Atlantis Manage...
$12.7M5610%N/A
Rockets of Awes...
$10.4M46-16%N/A
Focus Camera
$23.8M105-1%N/A
MARIA TASH
$12.5M5583%N/A

Rent The Runway News

09/09/2019 - Rent The Runway Takes More Shots At Sidley In Antitrust Suit

Law360 (September 9, 2019, 6:15 PM EDT) -- Amid its efforts to skirt a burgeoning clothing rental service's antitrust lawsuit, Rent the Runway took a dig at the ...

08/29/2019 - Seriously, Why Aren't You Renting Your Clothes?

My first encounter with Rent the Runway came with prom 2013, when I wore a pale pink dress by Catherine Deane. At the time, it felt elegant as ...

08/23/2019 - 21 of our favorite styles from Rent the Runway for work ...

Rent the Runway is the best online service we've found for keeping your weekly wardrobe fresh or finding an affordable designer outfit for a ...

Rent The Runway Funding

DateAmountRoundLead InvestorsReference
2011-05-24$15.0MUndisclosedKleiner Perkins Caufield & ByeArticle
2012-12-03$20.0MUndisclosedAdvance/Conde NastArticle
2013-03-12$24.4MCAdvance Publications IncArticle
2014-12-22$60.0MDTechnology Crossover VenturesArticle
2016-12-28$60.0MEFidelity InvestmentsArticle
2018-03-12$20.0MUndisclosedBlue Pool CapitalArticle
2018-08-03$200.0MUndisclosedTemasekArticle
2019-03-22$125.0MUndisclosedFranklin Templeton InvestmentsArticle

Rent The Runway Executive Hires

DateNameTitleReference
2015-10-19Scarlett O'SullivanCFOArticle
2016-02-03Koda WangChief Customer OfficerArticle

Rent The Runway New Location/Offices

DateLocationReference
2016-12-06New York City, NYArticle