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Rent the Runway

Provides a subscription-based designer clothing rental and retail platform.

H-1B sponsor history — This employer has had H-1B petitions approved by USCIS in the last five fiscal years, per the USCIS H-1B Employer Data Hub. The approval belongs to the employer and is not a commitment to sponsor this role.
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Company facts

Public-stage
Founded
2009
Employees
1,053
Headquarters
United States
CEO
Jennifer Hyman, Jennifer Fleiss
Type
Public
Listed
NASDAQ: RENT
Subsidiaries
Go Try It On

About

We're transforming the way modern women get dressed by building the world's first living closet. Since our founding in 2009 by Jenn Hyman and Jenny Fleiss, we've been on a mission to power women to feel their best every day. It all started with a simple 'aha' moment when Jenn saw her sister overspend on a dress for a wedding. This sparked the idea of offering designer dress rentals for special events, which eventually blossomed into a vision of providing unlimited access to a designer closet on-demand. We carry apparel, accessories, and even home decor from over 700 designer partners, all made accessible through our innovative platform. Our journey began with a pop-up shop on Harvard's campus, and by November 2009, Rent the Runway was officially launched nationwide. We've always believed that fashion should be an experience, not just about ownership. That's why we pioneered the 'Closet in the Cloud' – a dream closet filled with an infinite selection of designer styles that you can rent, wear, and return, or even choose to keep. We're passionate about making luxury experiences accessible and, in doing so, we're revolutionizing retail and promoting a more sustainable future for fashion. Over the years, we've expanded our offerings from event-specific rentals to everyday clothing through a subscription model, and we now even offer the option to buy pre-loved designer pieces. We're more than just a closet; we're a community that shares inspiration and ideas, encouraging our members to explore all facets of their style. We're proud to have built a one-of-a-kind reverse logistics operation and proprietary in-house technology to make this all possible. Our commitment is to continue evolving and providing even more access and flexibility to an incredible selection of designer styles, helping women save time, money, and have more fun getting dressed.

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