trending Market Intelligence /marketintelligence/en/news-insights/trending/KZeXc7BzpaCmd52w3BgfOw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Franklin Templeton, Bain Capital co-lead $125M funding round for Rent the Runway

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible

Franklin Templeton, Bain Capital co-lead $125M funding round for Rent the Runway

Asset manager Franklin Templeton Investments Corp. and Bain Capital Ventures LP co-led a $125 million series F funding round for Rent the Runway Inc.

Known for lending designer dresses to women, the decade-old company achieved "unicorn" status with a total valuation of $1 billion after the financing, The New York Times reported, adding that its total equity reached $337 million.

According to the March 21 report, Rent the Runway worked to build investor relations in the latest round of financing in the event it needs support for a potential IPO in the future.

As part of the transaction, Sara Araghi of Franklin Templeton took a seat on Rent the Runway's board. Aside from the two returning investors, new investors T. Rowe Price Group Inc. and Hamilton Lane Advisors LLC participated in the fund raise, according to S&P Global Market Intelligence data.