4 Acquisitions
Total Equity Funding
$2.01B in 9 Rounds from 34 Investors
San Francisco, CA
Lyft is reconnecting people and communities through better transportation.
Peer to Peer, Mobile Apps, Ride Sharing, Transportation

Company Details

May, 2012
1k - 5k | 34 in Crunchbase

Zimride re-incorporated as Lyft, Inc. in May, 2012.

Lyft is a peer-to-peer transportation platform that connects passengers who need rides with drivers willing to provide rides using their own personal vehicles.

Lyft was started in 2012 with the mission of building a peer-to-peer transportation solution that would help make cities safer, more affordable and better connected. Lyft now operates in 68 cities across the U.S.

When using Lyft, passengers have three options when it comes to choosing their ride: Lyft: the original offering that matches a passenger (and their friends) with a driver nearby; Lyft Line (currently available in San Francisco and Los Angeles): shared rides along shared routes, priced for daily use. Once passengers set their destination, Lyft will connect them to a ride already going the same way; and Lyft Plus: Lyft's six-passenger ride for when passengers need more space, or want to roll with more of their friends.

Lyft Inc. launched out of Zimride, Inc. in 2012 and is based in San Francisco. In May 2013, Lyft sold Zimride to Enterprise Holdings.

Funding Rounds (9) - $2.01B

DateAmount / RoundValuationLead InvestorInvestors
Dec, 2015$1B / Series F9
May, 2015$150M / Series E6
Mar, 2015$530M / Series E8
Apr, 2014$250M / Series D9
May, 2013$60M / Series C3
Jan, 2013$15M / Series B6
Sep, 2011$6M / Series A4
Aug, 2010$1.2M / Seed4
Jul, 2008$300k / Seed1

Acquisitions (4)

Jun 26, 2015Unknown
Sep 22, 2014Unknown
Apr 1, 2014Unknown
Mar 26, 2013Unknown

Current Team (34)


Products (5)

  • Lyft and GM have partnered to provide affordable access to cars like the Chevrolet Equinox.
  • Lyft is a friendly, safe, and affordable transportation option. Just tap a button and in minutes you’ll be riding in the front seat with a
  • As a customized solution, Lyft for Work allows companies to provide rides for employees, potential recruits, business partners, etc.
  • Lyft Line, the product is designed to lower costs for passengers by having multiple people ride together when they share a common route.
  • Lyft Plus is similar to the regular Lyft ride, but all vehicles can accommodate at least 6 passengers. Rates are 50% higher.

Competitors (7)

  • Flywheel is a mobile app that allows users to hail a cab, track a ride, and make payments.
  • Gett is an on-demand transportation, delivery, and logistics company. #1 in Europe, Gett is available in over 60 cities worldwide.
  • Hailo is an easy-to-use free smartphone app that allows passengers to get a taxi or licensed car quicker.
  • Transport sharing service. Passengers can search local drivers. Drivers can offer transport.
  • Runner Delivery is a transportation business.
  • Sidecar Technologies provids B2B delivery transportation network in the world.
  • Uber is a mobile app connecting passengers with drivers for hire.

Offices/Locations (3)

  • Israel Office



  • New York Office

    31-00 47th Ave

    4th floor

    Long Island City, NY 11101


  • Lyft HQ

    548 Market St.

    San Francisco, CA 94104


Past Team (17)


Awards (1)

Images (3)


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