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Clothing subscription service Rent the Runway gives up around 86% ownership to three lenders in exchange for $240M+ in debt relief and $20M in fresh financing
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Online dress rental service Rent the Runway raises $60M Series E led by Fidelity, says this year was profitable as revenue grew to $100M+
Jason Del Rey / Recode :
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Recode
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Online dress rental service Rent the Runway raises $60M Series E led by Fidelity, says this year was profitable as revenue grew to $100M+
The company was profitable in 2016 on revenue north of $100 million. — In March, Rent the Runway CEO Jennifer Hyman told Recode …
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