Rent the Runway is an online service that provides designer dress and accessory rentals. The company was founded in 2009 by Jennifer Hyman and Jennifer Fleiss, and is headquartered in New York City. Rent the Runway allows customers to rent dresses, gowns, and accessories for a fraction of the retail price. The company has partnerships with over 700 designers, including Vera Wang, Badgley Mischka, and Marchesa. Rent the Runway has raised over $190 million in funding and has been named one of the most innovative companies by Fast Company.