Rent the Runway Raises $20 Million

New York – April 9, 2018 – Cooley advised luxury apparel rental service Rent the Runway on its $20 million financing led by Blue Pool Capital. Cooley partner Bo Yaghmaie headed the team advising Rent the Runway.

Rent the Runway is revolutionizing fashion by enabling millions of women to rent designer apparel and accessories, both on-demand and through its subscription service, Unlimited. The company focuses on convenience and a top-notch customer experience on all of its platforms, including mobile, online and retail locations in Chicago, New York City, Washington, DC, Los Angeles and San Francisco. 

Last year, Cooley advised Rent the Runway on its $60 million Series E financing led by Fidelity Investments. 

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Related Contacts
Babak Yaghmaie Partner, New York
Roy Moran Associate, New York