VC-backed fashion rental platform Rent the Runway goes public: CNBC

Rent the Runway, the fashion rental platform, has gone public after pricing its 17 million shares at $21 per share. reported CNBC.

Rent the Runway, the fashion rental platform, has gone public after pricing its 17 million shares at $21 per share. reported CNBC. The business news outlet noted that the stock began trading October 27, 2021 on the NASDAQ under the ticker symbol “RENT.” Rent the Runway’s pre-IPO backers include Bain Capital Ventures Ares Management, Highland Capital Partners and TCV.

Source: CNBC