Join Female Founders Fund’s Anu Duggal for a live Q&A right now

Startups are rebounding. Venture capitalists are open for business. And during the pandemic, the pace of dealmaking has not slowed down. But how is this new era of uncertainty impacting underrepresented founders? Has startup-land become more inclusive, or do warm intros still dictate who gets a meeting and the way a deal closes? To talk […]

Extra Crunch Live: Join Anu Duggal for a live Q&A on August 20 at 11am PT/2pm ET

Rent the Runway and Glossier became unicorns within the same week in June 2019. That same year, only 2.7% of venture capital dollars went toward female-founded companies. Silicon Valley’s disconnect between the monetary success of female-founded companies and funding them in the first place is disheartening. The conversation is there, but the dollar sign momentum […]

The story behind Rent the Runway’s first check

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Origin wants to make accessible physical therapy women’s new normal

TechCrunch ist Teil von Verizon Media. Klicken Sie auf ‘Ich stimme zu.‘, um Verizon Media und dessen Partnern Ihre Einwilligung zu geben, Cookies und ähnliche Technik zu nutzen, um auf Ihr Gerät zuzugreifen und Ihre Daten (einschließlich Standort) zu nutzen, um mehr über Ihre Interessen zu erfahren, personalisierte Anzeigen bereitzustellen und deren Effektivität zu messen. […]

Rent the Runway just opened its largest brick-and-mortar store yet

Who would have thought Rent the Runway would emerge as a competitor to The Wing and all traditional brick-and-mortar retail? Its newest store, complete with co-working space, shows it’s more than just a designer gown rental service. Shortly after landing a $125 million investment at a $1 billion valuation, Rent the Runway (RTR) has replanted […]

Lyft’s IPO is hot, YC Demo Day, two new unicorns and what’s Boy Brow?

There were some edit issues in the initial publishing of this week’s Equity episode that have been corrected. The player below will play the corrected episode. Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week Kate Clark and Alex Wilhelm took us through an IPO, […]

Rent the Runway hits a $1 billion valuation

Rent the Runway just closed a $125 million round led by Franklin Templeton Investments and Bain Capital Ventures. This round values the company at $1 billion. In total, Rent the Runway has raised $337 million in venture funding. “Shared, dynamic ownership is a movement that Rent the Runway has pioneered over the last decade and […]

Rent the Runway opens physical store in San Francisco

Rent the Runway, the fashion startup that began as a rental service for special occasions and has since evolved into a service for people also looking to spice up their everyday wear, just opened up its fifth physical, standalone location. The new location, in downtown San Francisco, enables Rent the Runway members to try on clothes, […]

Rent the Runway inks $200 million credit facility with Temasek

Rent the Runway today announced that it has partnered with Temasek for a $200 million credit facility. Founded in 2009, Rent the Runway lets users rent items of clothing for special events or occasions, bringing runway styles to folks without the cash to purchase the clothing outright. Rent the Runway started out by letting users […]

Alibaba’s Jack Ma and Joe Tsai invest $20 million in Rent the Runway

Rent the Runway has snagged a $20 million investment from Alibaba CEO Jack Ma and Joe Tsai via Blue Pool Capital, Recode first reported. Blue Pool Capital is a multibillion-dollar fund that invests in public and private equity on behalf people like Ma and Tsai. The round reportedly values Rent the Runway at about $800 […]