Lyft designs, markets, and operates a mobile application that matches drivers with passengers who request rides.
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.
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 |
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 | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Fidelity Management and Research Company | Yes | Series I |
Magna International | Yes | Corporate Round |
CapitalG | Yes | Series H |
Rakuten | Yes | Series H |
General Motors | Yes | Series F |
Icahn Enterprises | Yes | Series E |
Coatue | Yes | Series D |
fbFund | Yes | Seed |
BluePointe Ventures | — | Post-IPO Equity |
Manhattan Venture Partners | — | Secondary Market |
Lyft has acquired 12 organizations. Their most recent acquisition was Cherry on Mar 26, 2013. They acquired Cherry for 0.