Full-Time
Fashion rental service for designer clothing
$154.2k - $192.7k/yr
Senior, Expert
Brooklyn, NY, USA
Office centric work with remote option on Fridays.
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Rent the Runway offers a service that allows customers to rent designer clothing and accessories, primarily targeting women who want to update their wardrobe without the commitment of buying items. The company operates on a subscription model with various plans, enabling customers to rent a set number of items per month or swap items as often as they like. They also provide one-time rentals for special occasions. Rent the Runway manages all logistics, including dry cleaning and shipping, making the rental process easy for customers. Unlike traditional retailers, Rent the Runway promotes sustainability by reducing the need for fast fashion and minimizing waste, appealing to those who value both style and environmental responsibility. The goal of Rent the Runway is to offer a convenient, affordable, and sustainable alternative to owning clothing.
Company Size
501-1,000
Company Stage
IPO
Headquarters
New York City, New York
Founded
2009
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Paid Time Off including vacation, paid bereavement, and family sick leave - every employee needs time to take care of themselves and their family.
Universal Paid Parental Leave for both parents + flexible return to work program - because we know your newest family member(s) deserve your undivided attention.
Paid Sabbatical after 5 years of continuous service - Unplug, recharge, and have some fun!
Exclusive employee subscription and rental discounts - to ensure you experience the magic of renting the runway (and give us valued feedback!).
Comprehensive health, vision, dental, FSA and dependent care from day 1 of employment - Your health comes first and we’ve got you covered.
401k match - an investment in your future.
Company wide events and outings - our team spirit is no joke - we know how to have fun!
Flexible Work Policy: Hybrid Work - when our corporate employees return to the office post COVID they will have the option to work remotely 2-3 days a week, in accordance with Company policies.
Rent the Runway wins New Talent award at itag awards.
By Krysten BrenllaNew York City – the city where ambition never sleeps, and every street corner hums with the energy of people chasing their next opportunity. For over 20 years, Lillya Nashanchik was part of that hustle.However, after working closely with startups, top talent, and founders in the Big Apple, she’s now setting her sights on somewhere new: South Florida’s booming tech hub; Miami, Fort Lauderdale, and West Palm Beach.A GROWTH JOURNEY THROUGH TECH AND ENTREPRENEURSHIPOriginally from Rochester, New York, she earned a liberal arts degree from the Rochester Institute of Technology, and upon graduation, she faced the question many graduates know all too well: What’s next? “My parents were both technologists, and hoped I’d become a software engineer, but it wasn’t my strong suit,” Nashanchik said. “With a liberal arts degree, my options felt limited. So, I took a chance – I moved to New York City, and landed a job at a staffing agency that specialized in recruiting women. I had the people skills, and they had a great training program. That’s what sparked my career in talent acquisition.”From the start of her career, Nashanchik knew she loved entrepreneurship and working with smaller startups and founders, especially women
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After focusing on cost-cutting and margin improvement from 2020 to 2023, Rent the Runway is now back in “growth mode,” according to CEO Jennifer Hyman. As 2024 winds down, Rent the Runway is focusing on its subscription business, with the November launch of a new $119/month subscription tier aimed at expanding its customer base and positioning the company for growth in 2025, Hyman said Monday (Dec. 9) during the company’s third-quarter earnings call. High Engagement, Diverse Use Cases
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