Rent the Runway is disrupting the $1.7 trillion global fashion industry by introducing clothing rental as a utility in women’s everyday lives and empowering women to feel like their best selves everyday. We have pioneered the Closet in the Cloud and believe that every person globally will soon have a subscription to fashion. Since our launch in late 2009, we have raised $190M from top-tier investors and built one of the most beloved brands on earth. We are proud to be both a profitable and high-growth business, with a loyal 6MM-strong customer base who share the experience of renting as being empowering and smart.
Our employees have a revolutionary spirit that permeates our culture. We’ve built - proprietary technology, a one-of-a-kind reverse logistics operation, stores of the future, a viral brand, relationships with hundreds of fashion brands - and we are obsessed with continuing to game change our customer experience. We are also trying to revolutionize entrepreneurship itself - proving that diverse teams produce outsized impact. The Rent the Runway Foundation, which our two co-founders launched together in 2015, helps tens of thousands of female entrepreneurs build and scale their own businesses with the mission of founders more clearly representing the demographics of this country.
Our engineering team works on challenging product-oriented problems across the boundaries of e-commerce, mobile, analytics and shipping/fulfillment, and the backbone of our business is served by our custom logistics management system which is core to our capacity to deliver the right product to the right user at the right time. We utilize data, engineering and algorithms to create a personalized website and an adaptive supply chain to fulfill our commitment to an amazing customer experience. Engineers at Rent the Runway focus on solving business problems first, and receive the satisfaction that they have true impact on the success of the company. Many of our engineers are entrepreneurs themselves, and we strongly encourage a collaborative, product-driven culture across our organization.