Rent the Runway’s $20 Million Found Raising

Cooley advised luxury apparel rental service Rent the Runway on its $20 million financing led by Blue Pool Capital.

Rent the Runway, Inc. rents designer dresses, clothing, and accessories for women through its stores and online. It provides apparel, such as party dresses, gowns, jumpsuits and rompers, outer wear tops and bottoms, and jackets and coats; and jewelry, handbags, scarves, hats, and sunglasses. Rent the Runway, Inc. was founded in 2009 and is based in New York, New York. The company, led by Jennifer Hyman, Jennifer Fleiss and Scarlett O’Sullivan, has stores in Chicago, Illinois; Washington, District Of Columbia; and Las Vegas, Nevada.

Cooley advised Rent the Runway with a team including Bo Yaghmaie (Picture) and Roy Moran.

Involved fees earner: Babak Yaghmaie – Cooley LLP; Roy Moran – Cooley LLP;

Law Firms: Cooley LLP;

Clients: Rent The Runway, Inc.;

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Author: Ambrogio Visconti