NEW INVESTMENT: Volition Capital Invests $10.5M in Screenverse  Read More

VOLITION NEWS: Pete Lamson Joins Volition Capital as COO & Head of Portfolio Operations  Read More

NEW INVESTMENT: Volition Invests $20M in HALO  Read More

VOLITON NEWS: Volition Capital Named a Top Growth Equity Firm of 2023 by GrowthCap  Read More

NEW INVESTMENT: Volition Invests $10M in Relish  Read More

2 MIN READ

Forbes: Rent The Runway Cofounder Jenny Fleiss Joins Volition Capital

Original Article by Rebecca Szkutak,

Excerpt below:

When Jennifer “Jenny” Fleiss decided to leave Walmart, where she’d led the now-shuttered clothing membership service Jetblack, she reflected on her early days at Rent the Runway, the designer clothing rental company she cofounded with Jennifer Hyman in 2009.

Now Fleiss is looking to bring similar experience to the next generation of entrepreneurs. After toying with the idea of launching her own fund, Fleiss made the somewhat surprising decision to join a Boston-based growth equity firm, Volition Capital, as its first female investment partner.

“All these women and operators going into investing, it’s fascinating,” Fleiss tells Forbes. “I really wanted to learn more about the growth stages, later stages of investing because I saw how critical it was at Rent the Runway. I also wanted to bring my operator, founder lens to a place where it would be complementary.”

Fleiss isn’t just Volition’s first female partner, but its first with startup cofounder operational experience, managing partner Larry Chang says. Known for investments including $44 billion (market cap) Chewy’s Series A round in 2013, Volition has looked to expand its consumer brand portfolio in recent years. The firm initially considered candidates from traditional finance roles before expanding its search and targeting Fleiss. “We really got excited about Jenny’s upside,” says Chang. “We thought she had the emerging DNA of an investor but she also brought a lot of capabilities and talent we were lacking as a firm coming from an operating background, coming from being a founder.”

Read the full article on Forbes.com 

 

Volition Capital

Larry Cheng

Managing Partner

Larry Cheng

Managing Partner

“Success is 1% inspiration, 98% perspiration, and 2% attention to detail.”  – Phil Dunphy

ALL ARTICLES
BACK TO TOP

Consent(Required)
This field is for validation purposes and should be left unchanged.

Consent(Required)
This field is for validation purposes and should be left unchanged.

Consent(Required)
This field is for validation purposes and should be left unchanged.

Consent(Required)
This field is for validation purposes and should be left unchanged.