LYFT

LYFT
Industry:
Peer-to-Peer
Founded:
2007
Funding:
$4.1B

About

Lyft was founded in June 2012 by Logan Green and John Zimmer to improve people’s lives with the world’s best transportation. Lyft is the fastest growing rideshare company in the U.S. and is available to 95 percent of the US population. Lyft is preferred by drivers and passengers for its safe and friendly experience, and its commitment to effecting positive change for the future of our cities. There are six ways to ride with Lyft. Lyft Classic, Lyft Plus, and in select cities, Lyft Line, Premier, Lux, and Lux SUV. Lyft Line connects you with other passengers along your route. When you share a ride, you pay a discounted price. Lyft Plus seats 6 or more. Lyft Premier adds a little luxury to your ride. Premier matches you with a high-end sedan or SUV like a BMW 5 Series, Audi A6, Lexus ES, or Cadillac Escalade. Lyft Lux is a premium black car service limited to only the most luxurious makes and models, and Lyft Lux SUV is the same service for up to six passengers.

Investor Track Record

CapitalG
Airbnb, Stripe, Credit Karma, MapR Technologies, CrowdStrike, Glassdoor, Practo, Looker, Pindrop
Andreessen Horowitz
Airbnb, Magic Leap, Pinterest, Dollar Shave Club, Jawbone, Slack, Instacart, Affirm, Box
Mayfield Fund
Jawbone, MapR Technologies, 3D Robotics, Couchbase, NewsCred, Marketo, Gigya, Centrify, HashiCorp
Founders Fund
Airbnb, Palantir Technologies, SpaceX, Wish, Spotify, Planet, Affirm, Domo, Oscar
Floodgate
Okta, Clover Health, Chegg, Smule, SnapLogic, NewsCred, Refinery29, Bigcommerce, Ensighten
Coatue Management
Box, Anaplan, Nextdoor, Reddit, OfferUp, HotelTonight, Avvo, Stash
Fortress Investment Group
ZestFinance, DigitalOcean, BlueVine, AutoLotto
Collaborative Fund
Earnest, Reddit, Hampton Creek, Scopely, AltSchool, Blue Bottle Coffee, Upstart, Genius, CircleUp
Autotech Ventures
DeepScale
Alibaba
Didi Kuaidi, Magic Leap, Tango, Kabam, Quixey, Peel, 1stdibs
Melo7 Tech Partners LLC
DraftKings, Juicero
Aslanoba Capital
Postmates
K9 Ventures
eShares
AllianceBernstein
The Honest Company, Jasper
Queensbridge Venture Partners
Casper, Eaze
Rakuten
Pinterest, Cabify, Insikt, Inc., Upstart, Azimo
Fontinalis Partners
1Life Healthcare, Zendesk, Elementum, Parkmobile
Altpoint Ventures
Saucey
Third Point Ventures
SentinelOne, Kumu Networks
KKR
Darktrace, ForgeRock, Pandora

Funding History

June 2010 : $1,365,389
August 2011 : $6,199,941
October 2012 : $14,859,989
May 2013 : $61,499,995
March 2014 :  $249,999,911
March 2015 : $915,870,142
December 2015 : $998,249,997
April 2017 : $599,999,986
October 2017 : $1,499,999,968

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