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Co-Founder at Rent the Runway
Jennifer "Jenny" Fleiss is a Venture Partner at Volition Capital, known for her significant contributions as a founder and executive. She co-founded Rent the Runway, a revolutionary fashion rental service, and later served as CEO of Jetblack, a personal shopping service incubated by Walmart.
Jennifer "Jenny" Fleiss primarily invests in high-growth companies within the consumer internet, e-commerce, software, and technology-enabled services sectors. She seeks innovative business models and strong leadership teams that are disrupting industries.
Jennifer "Jenny" Fleiss works as a Venture Partner at Volition Capital, a growth equity firm that invests in high-growth, founder-owned businesses across software, internet, and consumer sectors.
Jennifer "Jenny" Fleiss is a Venture Partner at Volition Capital based in New York City. She previously co-founded the fashion e-commerce platform Rent the Runway in 2009, scaling the digitally native business to serve millions of consumers prior to its 2021 initial public offering. Following this operational success, Fleiss co-founded and served as the Chief Executive Officer of Jetblack, a standalone conversational commerce technology incubator developed within the Walmart corporate ecosystem. She holds a Master of Business Administration from Harvard Business School and maintains corporate board director positions at several organizations, including the financial technology firm Affirm. Prior to her current venture capital position, she spent several years operating as an investing partner at a seed fund. Her current professional focus centers on sourcing consumer technology investments and advising early-stage retail startups on data analytics and e-commerce innovation.
Jennifer "Jenny" Fleiss is a highly respected Venture Partner at Volition Capital, a leading growth equity firm. In her role, Ms. Fleiss leverages her profound entrepreneurial and operational background to identify and support promising companies poised for significant expansion. Her investment focus at Volition Capital primarily spans the consumer internet, e-commerce, software, and technology-enabled services sectors, with a keen eye for innovative business models and strong leadership teams. She is particularly interested in companies that are disrupting traditional industries or creating new market categories, drawing on her own experiences in building transformative businesses.
Before joining Volition Capital, Jennifer Fleiss established a remarkable career as a visionary founder and executive. She is perhaps best known as the co-founder of Rent the Runway, a pioneering company that revolutionized the fashion industry by offering designer dress and accessory rentals. Under her leadership, Rent the Runway grew into a multi-million dollar enterprise, demonstrating the power of the sharing economy and subscription models. Her journey with Rent the Runway provided invaluable insights into scaling a consumer-facing business, building brand loyalty, and navigating complex operational challenges.
Following her success at Rent the Runway, Ms. Fleiss took on the role of CEO at Jetblack, an experimental personal shopping service incubated by Walmart's Store No 8. This experience further honed her expertise in leveraging technology to enhance the consumer experience, exploring areas like conversational commerce and AI-driven personalization. Her diverse background, encompassing both the startup world and corporate innovation, makes her an exceptionally valuable asset to Volition Capital and its portfolio companies. Jennifer Fleiss is dedicated to mentoring founders and providing strategic guidance, helping them overcome hurdles and achieve their growth objectives. While specific notable investments at Volition Capital are part of the firm's broader portfolio strategy, her influence is evident in the firm's pursuit of innovative consumer and technology ventures.
