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Lyft

company

About

Lyft designs, markets, and operates a mobile application that matches drivers with passengers who request rides.

Details

Last Funding Type
Funding Round
Industries
Apps,Mobile Apps,Ride Sharing,Software,Transportation
Founded date
May 22, 2012
Number Of Employee
5001 - 10000
Operating Status
Active
Stock Symbol
nasdaq:LYFT
Legal Name
Lyft, Inc.

Lyft designs, markets, and operates a mobile application that matches drivers with passengers who request rides, and also allows payment through the app. It also allows riders to schedule rides up to seven days in advance.

Its services are primarily focused on college, university, and corporate communities. Lyft is a fast-growing ridesharing company in the U.S. and is available to 95 percent of the US population.

Lyft was founded in June 2012 by Logan Green and John Zimmer in San Francisco, California.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
28
$7.25B
Lyft has raised a total of $7.25B in funding over 2 rounds. Their latest funding was raised on Feb 1, 2021 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 1, 2021 Post-IPO Equity 1 Detail
Mar 29, 2019 IPO $2.34B Detail
Mar 1, 2019 Secondary Market 1 Detail
Jan 25, 2019 Secondary Market 1 Detail
Jun 28, 2018 Series I $600M 4 Fidelity Management and Research Company Detail

Investments

Number of Investments
Number of Lead Investments
8
2
Lyft has made 8 investments. Their most recent investment was on May 3, 2022, when kevin. raised €61.82M.
Date Company Name
Round Money Raised Industry Lead Investor
May 3, 2022 kevin.
Series A €61.82M Finance
Apr 6, 2022 Nord Security
Series Unknown $100M Cyber Security
Dec 31, 2021 #Rens
Seed €3M Blockchain
Jul 21, 2021 Argo AI
Corporate Round Artificial Intelligence Yes
Mar 22, 2021 ID.me
Series C $100M Cloud Data Services

Employee Profiles

Number of Employee Profiles
124
Lyft has 124 current employee profiles, including Employee Manu Kumar
Employee
Employee
Employee
Advisor
Board member

Acquisition

Lyft has acquired 12 organizations. Their most recent acquisition was Cherry on Mar 26, 2013. They acquired Cherry for 0.

Date Company Name
Industry Acquisition Type Price
Mar 26, 2013 Cherry
Automotive acquihire Detail
Apr 1, 2014 Rover
Apps acquihire Detail
Sep 22, 2014 Hitch
Collaboration acquihire Detail
Jun 26, 2015 Leo
Apps acquihire Detail
Mar 20, 2017 FinitePaths Inc.
Android acquisition Detail