Founder

The company's founder, Lona Alia Duncan, has been a model since she was 16 , walking the runway and wearing luxury clothes. She has also starred in commercials for brands such as Versace and Guess . However, after entering college, she worked for a software company, but soon quit to study business and then started her own business. StyleLend is her first project, which was incubated in Y Combinator . Now, StyleLend has been officially launched, and its weekly turnover is growing by 20% .

Platform Model

As a clothing borrower, you only need to select the clothing and size on StyleLend, and then wait for the clothing to be delivered to your door. If you have brand-name clothing to rent, you have two options: one is to do it completely DIY , contact the renter, send the clothing, and pick it up a week later, and 70% of the rental funds will fall into the pocket of the renter; you can also ask StyleLend to help you contact the rental delivery, in which case you need to split the rent with StyleLend .

In order to ensure the quality of the clothes on the platform, the regular price of the clothes included in StyleLend is generally not less than $ 150 . On the website, there are everything from expensive big-name works to skirts for college students to attend parties . The rental price of a small Alexander Wang dress that originally costs $ 600 is $ 80 for a week . There is also a special area for renting "discounted" skirts, and the weekly rental fee is only $ 10-20 .

Rental steps

1. Browse thousands of unique designer products curated from the most stylish closets.

2. Receive your order within 2-3 days. Available for 7 days . Night delivery service is available.

3. Send the order back in the prepaid envelope. Pay only when it suits you (accessories and shoes are not included)!

Membership Fees

It's free for 2 weeks, and after your 2 week free trial, your monthly membership will only be $7.95/ month!

* During the two-week free trial period, you will still be responsible for any rental costs associated with any items you choose to borrow.

References