Jennifer Hyman is the Chief Executive Officer and Co-Founder of Rent the Runway, a business that has transformed the retail industry by making designer dress and accessory rentals a convenient and accessible luxury experience for millions of women. Since Rent the Runway’s launch in November 2009, Jennifer has managed all areas of the business including technology, fashion, sales, marketing, operations, customer service and team management, while also serving as a company spokesperson. Best known within the entrepreneurial and fashion communities for her unmatched marketing abilities, Jennifer was named as the Chief Marketing Officer of Fortune magazine’s “Executive Dream Team.”
Jennifer has been honored with numerous recognitions including Fortune magazine’s “Trailblazers 2013,” “Most Powerful Women Entrepreneurs,” and “40 Under 40”; Tribeca Film Festival’s “Disruptive Innovation Awards”; Forbes“Disruptors 2013” and “11 People Changing Business”; Crain’s New York Business “40 Under 40”; Inc. Magazine’s“Top 30 Under 30” and “15 Entrepreneurs to Watch in 2015”; Fast Company’s “Most Influential Women in Technology” and “Most Creative People in Business”; and Fashionista.com’s “Most Influential People in New York Fashion.”
Rent the Runway was named one of the “25 Most Disruptive Brands” by Forbes, one of the “50 companies disrupting the status-quo” by CNBC, one of the “10 Most Innovative Fashion Companies” by Fast Company and one of the “50 Best Websites” by TIME.
Jennifer co-founded Rent the Runway with her Harvard Business School classmate Jennifer Fleiss. The company has received approximately $190 million in venture capital from Fidelity, Technology Crossover Ventures, Bain Capital and Kleiner Perkins. With over 6 million members, 1,100 employees and over 450 designer brands, Rent the Runway is pioneering an apparel business in the new sharing economy with the overall mission to democratize luxury for women everywhere.
Jennifer and Jenny founded the Rent the Runway Foundation and launched Project Entrepreneur, a non-profit organization dedicated to empowering and advocating for women. In partnership with UBS Project Entrepreneur hosts a venture competition where three female-founded startups receive funding and a spot in a five-week accelerator program hosted at Rent the Runway.
Prior to Rent the Runway, Jennifer was the Director of Business Development at IMG where she focused on the creation of new media businesses for IMG’s Fashion Division. She also ran an online advertising sales team at WeddingChannel.com and was an in-house entrepreneur at Starwood Hotels, creating Starwood’s first wedding business, which was recognized on The Oprah Winfrey Show for its innovation.
Jennifer received her BA from Harvard University and MBA from Harvard Business School. She is currently serving as a Bloomberg Fellow, a TechStars mentor, and a member of both the Entrepreneurship Board at the Fashion Institute of Technology and the Women in Business Board at Harvard University. Jennifer lives in New York with her husband and is a soon to be mom.