Rent The Runway Overview

  • Status
  • Public

  • Employees
  • 1,104

Employees

  • Stock Symbol
  • RENT

Stock Symbol

  • Investments
  • 4

  • Share Price
  • $29.19
  • (As of Friday Closing)

Rent The Runway General Information

Description

Rent the Runway Inc is an e-commerce platform that allows users to rent, subscribe, or buy designer apparel and accessories. It gives customers access to its unlimited closet through its subscription offering (Subscription) or the ability to rent a-la-carte through its reserve offering (Reserve). The company also gives its subscribers and customers the ability to buy its products through its Resale offering. Its Closet in the Cloud offers a wide assortment of items for every occasion, from evening wear and accessories to ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear and ski wear.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Other Services (B2C Non-Financial)
Other Industries
Internet Retail
Clothing
Accessories
Stock Exchange
NAS
Corporate Office
  • 10 Jay Street
  • New York, NY 11201
  • United States
+1 (212) 000-0000

Rent The Runway Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Rent The Runway Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$29.19 $29.75 $4.46 - $58.00 $109M 3.67M 1.4M -$33.12

Rent The Runway Financials Summary

In Thousands,
USD
TTM 31-Jan-2024 FY 2024 31-Jan-2024 FY 2023 31-Jan-2023 FY 2022 31-Jan-2022
EV 287,092 287,092 421,448 394,719
Revenue 298,200 298,200 296,400 203,300
EBITDA 27,900 27,900 (1,500) (68,000)
Net Income (113,200) (113,200) (138,700) (211,800)
Total Assets 278,500 278,500 336,200 447,500
Total Debt 356,600 356,600 315,200 316,300
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Rent The Runway Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

This information is available in the PitchBook Platform. To explore Rent The Runway‘s full profile, request access.

Request a free trial

Rent The Runway Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

This information is available in the PitchBook Platform. To explore Rent The Runway‘s full profile, request access.

Request a free trial

Rent The Runway Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Rent the Runway Inc is an e-commerce platform that allows users to rent, subscribe, or buy designer apparel and accessor
Other Services (B2C Non-Financial)
New York, NY
1,104 As of 2024
00.000
00.000 0000-00-00
00000000 00.000

000000

aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugi
00000000 000000
San Francisco, CA
0000 As of 0000
00000
000000 - 000 00000

000000

incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nost
00000000
San Francisco, CA
000 As of 0000
00000
000000000 00000
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Rent The Runway Competitors (6)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Stitch Fix Formerly VC-backed San Francisco, CA 0000 00000 000000 - 000 00000
Everlane Venture Capital-Backed San Francisco, CA 000 00000 000000000 00000
Indochino Private Equity-Backed Vancouver, Canada 000 000.00 00000000000 000.00
Menguin Formerly VC-backed Fayetteville, AR 00 00.000 000000&0 00.000
Armoire Venture Capital-Backed Seattle, WA 00 000.00 0000000000 0 000.00
To view Rent The Runway’s complete competitors history, request access »

Rent The Runway Executive Team (27)

Name Title Board Seat Contact Info
Jennifer Hyman Chief Executive Officer & Chairman
Siddharth Thacker Chief Financial Officer, Finance & Chief Accounting Officer, Accounting
Cara Schembri Chief Administrative Officer, Administration & Secretary, Administration
Natalie McGrath Chief Marketing Officer, Marketing
Drew Rau Executive
You’re viewing 5 of 27 executive team members. Get the full list »

Rent The Runway Board Members (17)

Name Representing Role Since
Arthur Minson Jr. Self Board Member 000 0000
Beth Kaplan Self Board Member, Member of the Audit Committee & Chair of the Compensation Committee 000 0000
Daniel Nova Highland Capital Partners Board Member 000 0000
Daniel O'Keefe TCV Board Member 000 0000
Daniel Rosensweig Self Board Member 000 0000
You’re viewing 5 of 17 board members. Get the full list »

Rent The Runway Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Rent The Runway Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

This information is available in the PitchBook Platform. To explore Rent The Runway‘s full profile, request access.

Request a free trial

Rent The Runway Investments & Acquisitions (4)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Splendid Spoon 09-Feb-2022 00000 0000 0000 Food Products
Clippings 12-Sep-2018 00000 0000 000.00 Internet Retail
Catalant 04-Feb-2015 00000 0000 00.00 Human Capital Services 00000000
Go Try It On 25-Jun-2013 Merger/Acquisition Social/Platform Software 00000000
To view Rent The Runway’s complete investments and acquisitions history, request access »

Rent The Runway ESG

Risk Overview

Risk Rating

Updated January, 07, 2024

17.95 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,421

Rank

00.00

Percentile

Consumer Services

Industry

00 of 519

Rank

00.0

Percentile

Consumer Services

Subindustry

00 of 151

Rank

00.00

Percentile

To view Rent The Runway’s complete esg history, request access »

Rent The Runway Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
Clippings 12-Sep-2018 00000 00000 00 000.00 Completed
  • 7 buyers
To view Rent The Runway’s complete exits history, request access »

Rent The Runway FAQs

  • Who is the founder of Rent The Runway?

    Jennifer Hyman and Jennifer Fleiss are the founders of Rent The Runway.

  • Who is the CEO of Rent The Runway?

    Jennifer Hyman is the CEO of Rent The Runway.

  • Where is Rent The Runway headquartered?

    Rent The Runway is headquartered in New York, NY.

  • What is the size of Rent The Runway?

    Rent The Runway has 1,104 total employees.

  • What industry is Rent The Runway in?

    Rent The Runway’s primary industry is Other Services (B2C Non-Financial).

  • Is Rent The Runway a private or public company?

    Rent The Runway is a Public company.

  • What is Rent The Runway’s stock symbol?

    The ticker symbol for Rent The Runway is RENT.

  • What is the current stock price of Rent The Runway?

    As of 24-May-2024 the stock price of Rent The Runway is $29.19.

  • What is the current market cap of Rent The Runway?

    The current market capitalization of Rent The Runway is $109M.

  • What is Rent The Runway’s current revenue?

    The trailing twelve month revenue for Rent The Runway is $298M.

  • Who are Rent The Runway’s competitors?

    Stitch Fix, Everlane, Indochino, Menguin, and Armoire are some of the 6 competitors of Rent The Runway.

  • What is Rent The Runway’s annual earnings per share (EPS)?

    Rent The Runway’s EPS for 12 months was -$33.12.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »