# Rent the Runway funding: rounds and investors

> Rent the Runway has raised $519M across 8 rounds since 2010. Investors include Bain Capital Ventures, Highland Capital Partners and Kleiner Perkins Caufield...

Source: https://millionrounds.com/company/rent-the-runway (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Rent the Runway*

8 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Internet

Funding summary Updated 26 Oct 2026

**$519M** raised across 8 rounds since 2010, from 8 sources

**$15M** Series A **$15M** Series B **$24M** Series C **$60M** Series D **$60M** Round **$20M** Round **$200M** Debt **$125M** Round

- **Latest round:** Round, $125M Mar 2019
- **Led by:** Bain Capital Ventures and Franklin Templeton
- **Biggest round:** $200M Debt · Aug 2018
- **Investors:** 14 (2 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2010 2012 2014 2016 2018

**$15M** Series A

**$15M** Series B

**$24M** Series C

**$60M** Series D

**$60M** Round

**$20M** Round

**$200M** Debt

**$125M** Round

- **First round:** Series A, $15M
- **Biggest round:** $200M
- **Usual gap between rounds:** 15 months

## The rounds

- **Mar 2019** Round **$125M** *3 new* *1 returning* [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) Lead [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Lead [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) Hamilton Lane Advisors Reported by FinSMEs
- **Aug 2018** Debt **$200M** *1 new* [Temasek Holdings](https://millionrounds.com/fund/temasek) Reported by FinSMEs
- **Mar 2018** Round **$20M** *1 new* [Blue Pool Capital](https://millionrounds.com/fund/blue-pool-capital) Reported by TechCrunch
- **Dec 2016** Round **$60M** *1 new* [Fidelity](https://millionrounds.com/fund/fidelity) Reported by FinSMEs SEC filing: $60M sold, first sale Dec 2016
- **Dec 2014** Series D **$60M** *2 new* *2 returning* [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Highland Capital Partners](https://millionrounds.com/fund/highland-capital-partners) [TCV](https://millionrounds.com/fund/tcv) [Advance Publications](https://millionrounds.com/fund/advance-publications) From a historical funding record SEC filing: $60M sold, first sale Dec 2014
- **Mar 2013** Series C **$24M** *3 new* *3 returning* [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Highland Capital Partners](https://millionrounds.com/fund/highland-capital-partners) [American Express Ventures](https://millionrounds.com/fund/american-express-ventures) [Novel TMT Ventures](https://millionrounds.com/fund/novel-tmt-ventures) [Condé Nast](https://millionrounds.com/fund/conde-nast) Reported by pevc.dowjones.com SEC filing: $24M sold, first sale Nov 2012
- **May 2011** Series B **$15M** *1 new* [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) Reported by techcrunch.com SEC filing: $15M sold, first sale May 2011
- **Feb 2010** Series A **$15M** *2 new* [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) [Highland Capital Partners](https://millionrounds.com/fund/highland-capital-partners) Reported by techcrunch.com SEC filing: $15M sold, first sale Feb 2010

## Founders and team

From the SEC filings it signed: 8 on the team.

- **Brooke Hartmann** Executive Officer i
- **Jennifer Carter Fleiss** Executive Officer, Director i
- **Jennifer Hyman** Executive Officer, Director i
- **Joshua Builder** Executive Officer i
- **Maureen Sullivan** Executive Officer i
- **Mike Wang** Executive Officer i
- **Scarlett O'Sullivan** Executive Officer i
- **Vijayanand Subramanian** Executive Officer i

On the board, as filed i *Beth Kaplan* *Carley Roney* *Dan Nova* *Dan Rosensweig* *Rick Kimball* *Scott Friend*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2010 **Series B** 2011 **Series C** 2013 **Series D** 2014 **Round** 2016 **Round** 2018 **Debt** 2018 **Round** 2019 [Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) L [Highland Capital Partners](https://millionrounds.com/fund/highland-capital-partners) [Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) L [Temasek Holdings](https://millionrounds.com/fund/temasek) [Fidelity](https://millionrounds.com/fund/fidelity) [TCV](https://millionrounds.com/fund/tcv) [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) [American Express Ventures](https://millionrounds.com/fund/american-express-ventures) [Novel TMT Ventures](https://millionrounds.com/fund/novel-tmt-ventures)

## Everyone who backed them

[Bain Capital Ventures](https://millionrounds.com/fund/bain-capital-ventures) VC firm **4** rounds, led 1

[Highland Capital Partners](https://millionrounds.com/fund/highland-capital-partners) VC firm **3** rounds

[Kleiner Perkins Caufield & Byers](https://millionrounds.com/fund/kleiner-perkins-caufield-and-byers) VC firm **2** rounds

[Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Private equity **1** round, led 1

[Temasek Holdings](https://millionrounds.com/fund/temasek) VC firm **1** round

[Fidelity](https://millionrounds.com/fund/fidelity) VC firm **1** round

[TCV](https://millionrounds.com/fund/tcv) Private equity **1** round

[T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) Private equity **1** round

[American Express Ventures](https://millionrounds.com/fund/american-express-ventures) VC firm **1** round

[Novel TMT Ventures](https://millionrounds.com/fund/novel-tmt-ventures) VC firm **1** round

[Advance Publications](https://millionrounds.com/fund/advance-publications) Growth equity **1** round

[Condé Nast](https://millionrounds.com/fund/conde-nast) Corporate VC **1** round

[Blue Pool Capital](https://millionrounds.com/fund/blue-pool-capital) Private equity **1** round

Hamilton Lane Advisors no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=rent-the-runway).

## Also claim to have backed them

These 3 firms list Rent the Runway as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Data Point Capital](https://millionrounds.com/fund/data-point-capital) VC firm Per its own site

[Advance Venture Partners](https://millionrounds.com/fund/advance-venture-partners) Private equity Per its own site

[Catalus Capital](https://millionrounds.com/fund/catalus-capital) Private equity Per its own site

## Quick answers about Rent the Runway

### Who invested in Rent the Runway?

Rent the Runway's investors include Bain Capital Ventures, Highland Capital Partners, Kleiner Perkins Caufield & Byers, Franklin Templeton and Temasek Holdings, and 9 more on record. Bain Capital Ventures led its latest round.

### How much has Rent the Runway raised?

Rent the Runway has raised $519M across 8 rounds since 2010.

### When did Rent the Runway last raise?

Rent the Runway's most recent round was an Undisclosed round of $125M in Mar 2019, led by Bain Capital Ventures.

### What was Rent the Runway's biggest round?

Rent the Runway's largest round on record is $200M (Debt), in Aug 2018.

### Who backed Rent the Runway first?

Rent the Runway's first round on record, in Feb 2010, was backed by Bain Capital Ventures and Highland Capital Partners.

### What stage is Rent the Runway at?

Rent the Runway's latest named round is an Undisclosed round, in Mar 2019.

### Where is Rent the Runway based?

Rent the Runway is based in the United States.

### Who led Rent the Runway's rounds?

Bain Capital Ventures led the Undisclosed round in 2019.

## Companies like Rent the Runway

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