Company Rent the Runway, Inc.

Equities

RENT

US76010Y2028

Apparel & Accessories

Market Closed - Nasdaq 01:30:00 27/04/2024 am IST 5-day change 1st Jan Change
11 USD -4.68% Intraday chart for Rent the Runway, Inc. -10.93% +4.27%

Business Summary

Rent the Runway, Inc. is engaged in providing shared designer closet platform. Through the Company, customers can subscribe, rent items a-la-carte and shop resale from hundreds of designer brands. 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). It 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. It has built a two-sided discovery engine, which connects engaged customers and differentiated brand partners on a platform built around its brand, data, logistics and technology. Through its platform, the Company has helped approximately three million lifetime customers.

Number of employees: 1,021

Sales per Business

USD in Million2023Weight2024Weight Delta
Subscription and Reserve Rental
88.8 %
269 90.6 % 265 88.8 % -1.38%
Other
11.2 %
28 9.4 % 33 11.2 % +19.78%

Sales per region

USD in Million2023Weight2024Weight Delta
United States
100.0 %
296 100.0 % 298 100.0 % +0.61%

Managers

Managers TitleAgeSince
Founder 40 01/08/01
Chief Executive Officer 43 01/08/01
Director of Finance/CFO 47 25/23/25
Chief Tech/Sci/R&D Officer 56 01/20/01
Director/Board Member 66 01/12/01
Corporate Officer/Principal 51 01/15/01
General Counsel 48 01/19/01
Corporate Officer/Principal 53 01/20/01

Members of the board

Members of the board TitleAgeSince
Director/Board Member 62 01/10/01
Director/Board Member 66 01/12/01
Director/Board Member 59 01/21/01
Director/Board Member 55 01/11/01
Director/Board Member 51 01/23/01
Director/Board Member 52 01/21/01
Chief Executive Officer 43 01/08/01
Founder 40 01/08/01
Director/Board Member 45 01/21/01
Director/Board Member 58 01/20/01

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 0 155,269 0 0 76.96 %
Stock B 1 3,516,973 2,826,287 ( 80.36 %) 0

Shareholders

NameEquities%Valuation
Bain Capital Private Equity LP
12.06 %
8,176,418 12.06 % 3 M $
6,721,645 9.912 % 2 M $
Highland Capital Partners LLC
7.527 %
5,104,393 7.527 % 2 M $
T. Rowe Price Investment Management, Inc.
6.212 %
4,212,736 6.212 % 1 M $
TCMI, Inc.
5.824 %
3,949,669 5.824 % 1 M $
3,389,723 4.999 % 1 M $
Ares Management LLC
4.996 %
3,387,678 4.996 % 1 M $
BlackRock Advisors LLC
4.499 %
3,050,727 4.499 % 1 M $
Russell Investments Group Ltd.
4.384 %
2,972,734 4.384 % 1 M $
Vanguard Fiduciary Trust Co.
3.723 %
2,524,981 3.723 % 871 118 $
NameEquities%Valuation
1,272,637 43.29 % 516 691 $
626,281 21.30 % 254 270 $

Company contact information

Rent the Runway, Inc.

10 Jay Street

11201, Brooklyn

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http://www.renttherunway.com
address Rent the Runway, Inc.(RENT)
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