| Founded | 2009 |
|---|---|
| Country | USA |
| Sector | Ecommerce |
| Total raised | ~$500M |
| Collapse type | Slow Death |
| Founder | Jennifer Hyman |
Rent the Runway
"The Netflix of fashion ran out of occasions when COVID cancelled every event that justified the subscription"
Years-long decline before final shutdown
Key Events Timeline
Rent the Runway was founded in 2009 by Jennifer Hyman and Jennifer Fleiss at Harvard Business School to create a subscription and rental service for designer clothing and accessories.
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