Company profile

Rent the Runway

Rent the Runway has raised $326 million across multiple rounds, including a significant $125 million Series F round in 2019, which pushed its valuation to $1 billion. Earlier funding included a $60 million Series E round led by Fidelity and $200 million in debt financing from Temasek Holdings to strengthen operations. Its Series G round in October 2020, backed by Ares Management, further enhanced liquidity and long-term growth stability. Additional secondary transactions provided investor liquidity over the years. Collectively, these rounds position Rent the Runway as one of the most funded consumer platforms in fashion tech.

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Quick facts

Total funding: $326 million
Valuation: $125 million

Notable investors

Ares Management
Fidelity

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