Rent The Runway Inc

Rent the Runway Inc. is a company based in Brooklyn, New York, employing 889 people. Founded in 2009, the company generates an estimated $75 million in annual revenue. Rent the Runway provides a unique service known as the "Closet in the Cloud," which acts as a shared designer clothing rental platform. Customers can subscribe to access a vast collection of designer clothing or rent individual items on an a-la-carte basis. The company also offers a resale marketplace for customers to buy and sell pre-owned designer pieces. Millions of items are available, catering to a wide range of styles and occasions, from formal wear and accessories to everyday clothing and activewear. What sets Rent the Runway apart is its customer-centric approach and sophisticated technology. The company has developed a two-sided discovery engine that connects engaged customers with a curated selection of designer brands. This, combined with their robust logistics and data-driven insights, solidifies their position as a leader in the fashion rental industry. For more information about Rent the Runway, visit their website at renttherunway.com.