Lyft

About

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

San Francisco,California,United States
5001 - 10000
http://lyft.com

Highlights

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	—

Investors

Number of Lead Investors

Number of Investors

16

83

Lyft is funded by 83 investors. Fidelity Management and Research Company and Magna International are the most recent investors.

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

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