Rent the Runway, Inc, the company that created the world’s first living, sustainable closet by enabling women to rent versus buy their clothing, has selected Galway for its first-ever international technology office. The new office will enable the company to expand its engineering and product development footprint and new Rent the Runway employees will have the opportunity to launch or grow their careers across a number of roles in software engineering and development. Recognising Ireland’s significant technology talent, Rent the Runway aims to hire 150 engineers and tech developers over the next three years.

Influence future of next generation of services


The prospective team, to be based in the historic Claddagh area of Galway city centre, will tackle core technology challenges that are critical to Rent the Runway’s overall success and will influence the future of the next generation of services. The centre in Galway will be the first operation for Rent the Runway outside of the US. The privately owned company has five physical locations in the US, 11 million members, and 1,800 employees, 93 per cent of whom are female, multiracial and/or minority. The company’s technology team is 45 per cent female, and 80 per cent of leaders at the company are women. “We are thrilled to open our first-ever international office in Galway, where we’ve had overwhelming support from the government and the IDA. From the start, it was clear that Galway was the perfect location for our new office - the city has an atmosphere of creativity, mirrors Rent the Runway’s cultural values, and excitingly, will be the European Capital of Culture in 2020,” said Rent the Runway chief technology officer, Josh Builder. “There’s an incredible opportunity to tap into the growing STEM talent in the region, and we’re eager to begin establishing our Irish footprint.” Minister for Business, Enterprise & Innovation, Heather Humphreys TD said: “I am delighted to see Rent the Runway choose the west of Ireland to open their first ever international office and create 150 new high-tech jobs.

'Niche, highly skilled areas'


"Galway city will be a natural fit for this innovative, progressive and creative company. Ireland warmly welcomes new firms in niche, highly skilled areas and Rent the Runway will join a growing number of disruptive companies based here. I wish them well for the future.” The team in Galway will be undertaking in-house software development unique to RTR as well as supporting US operations by working on existing technological activity supporting RTR’s mobile and desktop platform through which new and current users and subscribers access their services. The Irish teams will also be working on projects to expand and enable RTR’s unique fulfilment network, leverage data science to bring personalisation and insight to all aspects of RTR’s systems, and experiment with new data driven applications. The team will work hand-in-hand with the US-based R&D teams. Rent the Runway’s Galway office will be temporarily located at the Portershed. The company expects to relocate to a more permanent home in the late summer at the newly renovated Piscatorial School building, a prime waterfront location overlooking the Claddagh in Galway City Centre. The company has built and operates the world’s largest technology powered dry-cleaning facility and reverse logistics operation, with sophisticated automation and a complex back-end system that powers the ecosystem of rental reservations, returns processing, order fulfillment, and the overall customer experience. All technology and logistics to power the operation is built in-house. IDA Ireland CEO Martin Shanahan said: “This is an excellent investment by this leading, innovative company from the US East Coast. Galway, with its vibrant and growing technology ecosystem, is proving a most attractive location for investment and Rent the Runway choosing to locate its first-ever international technology office here will further enhance that reputation.” In March, Rent the Runway announced its largest investment to-date, of $125 million, bringing the valuation of the company to $1 billion.

Desire for constant newness


Rent the Runway (RTR), headquartered in New York City, was founded in 2009 by Jennifer Hyman and Jennifer Fleiss as an answer to the modern woman’s desire for constant newness by offering a rotating wardrobe that is also a smart, sustainable choice. RTR pioneered the ‘living closet’ and believes that women everywhere will soon have a subscription to fashion, making renting an indispensable utility. With its most engaged subscribers wearing rented clothing more than 120 days per year, Rent the Runway is changing the way women get dressed every day. For more information on the new roles, please visit Rent the Runway’s job posting site. The project is supported by the government through IDA Ireland.