This week on Equity: Glossier and Rent The Runway enter the unicorn club and YC debuts 200 startups.
View More Lyft’s IPO is hot, YC demo day, two new unicorns, and what’s Boy Brow?Category: Rent The Runway
Rent the Runway hits a $1 billion valuation
Rent the Runway just closed a $125 million 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 we’re […]
View More Rent the Runway hits a $1 billion valuationRent 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 over the last couple of years 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 […]
View More Rent the Runway opens physical store in San FranciscoRent 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 […]
View More Rent the Runway inks $200 million credit facility with TemasekSome of the top female founders in the U.S. are backing the latest Female Founders Fund
Roughly five years after the launch of its first fund in 2013, Female Founders Fund (F3) has closed on $27 million for its latest seed fund — backed by some of the startup world’s top women entrepreneurs and investors. Backed by a clutch of seriously impressive names in the startup and tech community, entrepreneurs financed by F3’s latest […]
View More Some of the top female founders in the U.S. are backing the latest Female Founders FundAlibaba’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 million. Rent the Runway’s previous investment came in back in 2016,… Read More
A look at 42 women in tech who crushed it in 2017
What a challenging, exhilarating year it has been for women everywhere, starting from the women’s March on Washington to former Uber engineer Susan Fowler’s eye-opening and now famous blog post to the #metoo movement that has swept the country, washing dozens of sexual predators out of their powerful roles in the process. All the while, women in tech have been driving their… Read More
A look at 42 women in tech who crushed it in 2017
What a challenging, exhilarating year it has been for women everywhere, starting from the women’s March on Washington to former Uber engineer Susan Fowler’s eye-opening and now famous blog post to the #metoo movement that has swept the country, washing dozens of sexual predators out of their powerful roles in the process. All the while, women in tech have been driving their… Read More
A look at 42 women in tech who crushed it in 2017
What a challenging, exhilarating year it has been for women everywhere, starting from the women’s March on Washington to former Uber engineer Susan Fowler’s eye-opening and now famous blog post to the #metoo movement that has swept the country, washing dozens of sexual predators out of their powerful roles in the process. All the while, […]
View More A look at 42 women in tech who crushed it in 2017Project Entrepreneur expands accelerator program to help more women entrepreneurs build scalable companies
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Since launching in 2015, Project Entrepreneur — a media partner of Mashable — has trained more than 1,200 aspiring entrepreneurs representing 131 U.S. cities. Its annual venture competition has yielded an alumnae community of nearly 400 women entrepreneurs, with the 2016 finalists reporting $10+ million raised in seed and pre-seed funding.
Now entering its third year, Project Entrepreneur (PE) — an initiative from the Rent the Runway Foundation and UBS Elevating Entrepreneurs — is expanding the number of winning companies in the accelerator from three to five.
“We are so excited to continue working with UBS in providing women with the tools they need to create high-growth companies, and see their visions through,” said Jennifer Hyman, CEO and Co-Founder of Rent the Runway. “Past participants in our accelerator continue to inspire us with their incredible progress, including closing rounds of funding. We are eager to provide the next class of talented female founders with the tools and support they need to scale, and to see the disruption their companies bring to various different industries.” Read more…
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