Rent the Runway raises $200M debt round
August 3, 2018
Rent the Runway has secured $200 million in debt funding from Temasek, a sovereign wealth fund in Singapore. Since it was founded in 2009 by Jennifer Hyman and Jennifer Fleiss, Rent the Runway has evolved from a designer dress rental service into a monthly unlimited clothing subscription service.
In addition to the debt round, the New York-based company has raised north of $200 million in equity funding. Here's a look at Rent the Runway's VC funding history:
2009: $2M funding | $5M valuation
2010: $15M | $50M
2011: $15M | $154M
2012: $20M | $252M
2013: $24M | $255M
2014: $60M | $520M
2016: $60M | $750M
2018: $20M | $770M
Here's more on female founders and investors.
In addition to the debt round, the New York-based company has raised north of $200 million in equity funding. Here's a look at Rent the Runway's VC funding history:
2009: $2M funding | $5M valuation
2010: $15M | $50M
2011: $15M | $154M
2012: $20M | $252M
2013: $24M | $255M
2014: $60M | $520M
2016: $60M | $750M
2018: $20M | $770M
Here's more on female founders and investors.
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