Rent the Runway
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Startups are rebounding. Venture capitalists are open for business. And during the pandemic, the pace of dealmaking has not slowed down. But how is this new era of uncertainty impacting underrepresent
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Rent the Runway and Glossier became unicorns within the same week in June 2019. That same year, only 2.7% of venture capital dollars went toward female-founded companies. Silicon Valley’s disconnect
The story behind Rent the Runway’s first check
When Rent the Runway co-founders Jennifer Fleiss and Jennifer Hyman got their first term sheet, it had an exploding clause in it: If they didn’t sign the offer in 24 hours, they would lose the d
Stanford students are short-circuiting VC firms by investing in their peers
Stanford’s success in spinning out startup founders is a well-known adage in Silicon Valley, with alumni founding companies like Google, Cisco, LinkedIn, YouTube, Snapchat, Instagram and, yes, even
Origin wants to make accessible physical therapy women’s new normal
“I spend a lot of time being angry — but I’m still hopeful. Gender bias in medicine is systemic,” says Carine Carmy, the fast-talking CEO and co-founder of Origin, during a con
The 20 best startups from Y Combinator’s W20 Demo Day
With world events overtaking the tech world’s preferences to meet for coffees and convene at events, Y Combinator skipped its famous two-day live Demo event and went for a radical experiment: no
With a portfolio including Acorns, Sweetgreen and Ro, Torch Capital raises $60M for its first fund
Jonathan Keidan, the founder of Torch Capital, had already built a portfolio that included Acorns, Compass, Digital Ocean and Sweetgreen, before he raised single dollar for his inaugural venture capit
Rent the Runway just opened its largest brick-and-mortar store yet
Rent The Runway's newest store shows its more than just a designer gown rental service
Lyft’s IPO is hot, YC Demo Day, two new unicorns and what’s Boy Brow?
This week on Equity: Glossier and Rent The Runway enter the unicorn club and YC debuts 200 startups.
Rent the Runway hits a $1 billion valuation
Rent the Runway just closed a $125 million round led by Franklin Templeton Investments and Bain Capital Ventures. This round values the company at $1 billion. In total, Rent the Runway has raised $337
Rent the Runway opens physical store in San Francisco
Rent the Runway, the fashion startup that began as a rental service for special occasions and has since evolved into a service for people also looking to spice up their everyday wear, just opened up
Rent the Runway inks $200 million credit facility with Temasek
Rent the Runway today announced that it has partnered with Temasek for a $200 million credit facility. Founded in 2009, Rent the Runway lets users rent items of clothing for special events or occasion
Some of the top female founders in the U.S. are backing the latest Female Founders Fund
Roughly five years after the launch of its first fund in 2013, Female Founders Fund (F3) has closed on $27 million for its latest seed fund — backed by some of the startup world’s top w
Alibaba’s Jack Ma and Joe Tsai invest $20 million in Rent the Runway
Rent the Runway has snagged a $20 million investment from Alibaba CEO Jack Ma and Joe Tsai via Blue Pool Capital, Recode first reported. Blue Pool Capital is a multibillion-dollar fund that invests in
A look at 42 women in tech who crushed it in 2017
What a challenging, exhilarating year it has been for women everywhere, starting from the women’s March on Washington to former Uber engineer Susan Fowler’s eye-opening and now famous blog post to
Rent the Runway is launching same-day delivery, starting in NYC
Rent the Runway customers can now be one step closer to actually not having a closet. The company just announced they are launching same-day delivery in NYC, with plans to expand to other markets soon
Rent the Runway raises $60 million
Fashion e-commerce powerhouse Rent the Runway has confirmed that it raised $60 million in a funding round led by Fidelity Investments. Technology Crossover Ventures, Bain Capital Ventures, Highland Ca
Amazon eyed up Everlane, Le Tote and more for acquisition in a wider fashion push
Amazon has been focusing attention on areas like media streaming, its faster delivery and pickup services, hardware and enterprise via AWS. But it’s also making an effort to reboot one of th
Find runway fashions with these apps
Spring is here, which means it’s time to put away those coats and get out those dresses. But is your wardrobe still in style? Fashionistas, take note. These apps will help you find the latest s
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The American dream is no longer for sale -- but it is for rent. We are slowly going through a subtle shift in how the economy is owned and operated, with massive implications. On an average day, you m