Close Menu
Finsider

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    ‘Big Short’ Investor Michael Burry Says He’s Betting on This OG Meme Stock

    January 27, 2026

    Investors may be led into a trap as stock market discards new tariff threats, analyst warns

    January 27, 2026

    Qualcomm backs SpotDraft to scale on-device contract AI with valuation doubling toward $400M

    January 27, 2026
    Facebook X (Twitter) Instagram
    Trending
    • ‘Big Short’ Investor Michael Burry Says He’s Betting on This OG Meme Stock
    • Investors may be led into a trap as stock market discards new tariff threats, analyst warns
    • Qualcomm backs SpotDraft to scale on-device contract AI with valuation doubling toward $400M
    • The $3,000 Retirement Mistake Millions Make Each Year (And How to Avoid It)
    • No savings at 45? UK dividend shares could help you build wealth while earning extra income
    • Creators and communities everywhere take a stand against ICE
    • Market Update: CSX, SLB, WBD
    • Dow Rises 313 Points to Begin a Big Week: Stock Market Today
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Finsider
    • Markets & Ecomony
    • Tech & Innovation
    • Money & Wealth
    • Business & Startups
    • Visa & Residency
    Finsider
    Home»Tech & Innovation»Canadian peer-to-Peer clothing rental company Rax is expanding to the U.S.
    Tech & Innovation

    Canadian peer-to-Peer clothing rental company Rax is expanding to the U.S.

    FinsiderBy FinsiderDecember 16, 2025No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Canadian peer-to-Peer clothing rental company Rax is expanding to the U.S.
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Marley Alles started out in accounting.  

    She thought that her dream was to work at a big company. “And then once I got there, I was like ‘oh, that’s it,” she told TechCrunch.  

    Alles began fostering other passions and found herself curious about the world of startups. She would listen to every podcast and read each book, taking notes on topics that interested her.  

    She didn’t think much of it until one summer when so many of her friends got married, that she found herself spending thousands of dollars on bridesmaid dresses and bachelorette looks. One day, someone approached her and asked to borrow one of her dresses. “I was like ‘yeah, for sure, take it,’” she recalled. “And then I thought, ‘how can this be done on a larger scale?’” 

    Alles had all these expensive dresses just sitting in her closet. She didn’t want to sell it, but she knew she probably would never wear those gowns again. “That’s what led me, long story short, to create Rax,” she said.  

    Alles launched Rax earlier this year as a peer-to-peer clothing rental company. It functions right now as a marketplace (it does not own any clothing inventory), where users scroll through listings and connect with people who have clothing items they want to rent.  

    She’s bootstrapped the company so far, enough to fully code the app and officially launch it. The first few customers were her friends and family, and the rest came by word of mouth. Alles said she leaned into the idea of “building in public,” where she posted online about her adventures creating this product in hopes of amassing an engaged audience of potential customers. She has about 5,000 users on the app right now.  

    Techcrunch event

    San Francisco
    |
    October 13-15, 2026

    Rex is one of the first of its kind to be launched in Toronto. It’s like Rent-the-Runway, or New York’s Pickle, or Europe’s ByRotation. The idea of renting clothes — similar to buying secondhand —has been picking up steam as it is seen as a more environmentally sustainable way to consume fashion rather than buying new items for each new season.  

    “It’s driving the circularity of fashion,” Alles said.  

    But what makes Rex different from many others is that she offers long-term rentals. “On our platform, you can rent up to six months,” she said. “On competitor platforms, it’s daily rentals. So it gets really expensive if you want to rent for a couple week vacation. Or maybe you want a winter jacket for the season.”  

    At TechCrunch Disrupt in October, Rex announced its first foray into the U.S. market. Alles said she had been a huge fan of TechCrunch and applied for the Battlefield competition, where she later won the top consumer pitch in the competition.  

    Alles said she was surprised to win. “There were so many companies that had like thousands or hundreds of thousands of users; raised [like] $20 million in my category, and one [had] the lead actors from [the show] Silicon Valley,” she said.  

    Still, she found the experience “awesome.” Alles went up to every startup booth to introduce herself to other founders, and also attended some sessions as well as partook in networking. Actually, that was one of the biggest lessons she’s said she’s learned as a founder — the importance of in-person interaction because it helps her connect with the community better.  

    Now that Disrupt has passed, Alles said the company hopes to continue its expansion across New York and start building out a rental service platform to offer fashion designers and retailers looking to offer rental clothing to consumers.  

    “We have the technology, we have the audience,” she said, adding that brands are also looking at ways to become more sustainable, and companies like Rex let them do it. “I think things are getting better and people are becoming more aware of their impact.”  

    Canadian clothing company expanding peertoPeer Rax rental U.S
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleStrategy is One of the Biggest Standout Winners
    Next Article Should You Renew Your CD?
    Finsider
    • Website

    Related Posts

    Tech & Innovation

    Qualcomm backs SpotDraft to scale on-device contract AI with valuation doubling toward $400M

    January 27, 2026
    Tech & Innovation

    Creators and communities everywhere take a stand against ICE

    January 27, 2026
    Tech & Innovation

    If you use Google AI for symptoms, know it cites YouTube a lot

    January 26, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Cursor snaps up enterprise startup Koala in challenge to GitHub Copilot

    July 18, 2025

    What is Mistral AI? Everything to know about the OpenAI competitor

    July 18, 2025

    Analyst Report: Kinder Morgan Inc

    July 18, 2025
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews

    Subscribe to Updates

    Get the latest tech news from FooBar about tech, design and biz.

    Most Popular

    Using Gen AI for Early-Stage Market Research

    July 18, 2025

    Cursor snaps up enterprise startup Koala in challenge to GitHub Copilot

    July 18, 2025

    What is Mistral AI? Everything to know about the OpenAI competitor

    July 18, 2025
    news

    ‘Big Short’ Investor Michael Burry Says He’s Betting on This OG Meme Stock

    January 27, 2026

    Investors may be led into a trap as stock market discards new tariff threats, analyst warns

    January 27, 2026

    Qualcomm backs SpotDraft to scale on-device contract AI with valuation doubling toward $400M

    January 27, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    © 2020 - 2026 The Finsider . Powered by LINC GLOBAL Inc.
    • Contact us
    • Guest Post Policy
    • Privacy Policy
    • Terms of Service

    Type above and press Enter to search. Press Esc to cancel.