About Lyft
Lyft is a company based in San Francisco (United States) founded in 2007 by John Zimmer.. Lyft has raised $5.02 billion across 18 funding rounds from investors including Alibaba.com, Fidelity Investments and Didi. The company has 2,930 employees as of December 31, 2024. Lyft has completed 12 acquisitions, including Blue Vision Labs, Cherry and FREE NOW. Lyft operates in a competitive market with competitors including Uber, Didi, Alto, Uklon and Flywheel, among others.
- Headquarter San Francisco, United States
- Employees 2930 as on 31 Dec, 2024
- Founders John Zimmer
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Lyft, Inc.
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Annual Revenue
$5.79 B31.39as on Dec 31, 2024
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Net Profit
$22.78 M106.69as on Dec 31, 2024
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EBITDA
$67.55 M122.84as on Dec 31, 2024
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Total Equity Funding
$5.02 B (USD)
in 18 rounds
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Latest Funding Round
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Investors
Alibaba.com
& 40 more
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Employee Count
2930
as on Dec 31, 2024
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Investments & Acquisitions
Blue Vision Labs
& 11 more
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IPO & Listings of Lyft
Lyft is a publicly listed company on the NASDAQ with ticker symbol LYFT in USA, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
47 people
Data Analysis and Operations Team
36 people
Leadership Team
28 people
Sales and Marketing
22 people
Legal and Compliance
18 people
Senior Team
16 people
Finance and Accounting
16 people
Operations Team
16 people
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Funding Insights of Lyft
Lyft has successfully raised a total of $5.02B across 18 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 18
- Last Round Last Round
- First Round First Round
- Investors Count 41
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Series I - Lyft | Valuation |
investors |
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| Jun, 2018 | Amount | Series I - Lyft | Valuation | Fidelity Investments | |
| Apr, 2018 | Amount | Series H - Lyft | Valuation | Kakao Investment |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lyft
Lyft has secured backing from 41 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Alibaba.com, Fidelity Investments and Didi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment in renewable energy and startups in India.
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Founded Year | Domain | Location | |
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Private equity & fixed income investments focused hedge fund
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Founded Year | Domain | Location | |
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Venture capital investment fund
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lyft
Lyft has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Blue Vision Labs, Cherry and FREE NOW. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Location-based ads are displayed on rideshare vehicle roofs.
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2018 | ||||
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Shared AR technology is developed for simultaneous multi-user experiences.
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2016 | ||||
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Daily decisions are facilitated by trusted local and social recommendations.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Lyft
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lyft Comparisons
Competitors of Lyft
Lyft operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Uber, Didi, Alto, Uklon and Flywheel, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An online platform providing ride-hailing and food delivery services
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| domain | founded_year | HQ Location |
An AI-enabled platform is operated for ride-hailing and on-demand services.
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| domain | founded_year | HQ Location |
Ride-hailing services are booked via a mobile app platform.
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| domain | founded_year | HQ Location |
Online taxi booking services are offered in Ukraine and Georgia.
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| domain | founded_year | HQ Location |
App-based on-demand taxi-hailing platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lyft
Frequently Asked Questions about Lyft
When was Lyft founded?
Lyft was founded in 2007 and raised its 1st funding round 1 year after it was founded.
Where is Lyft located?
Lyft is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Lyft a funded company?
Lyft is a funded company, having raised a total of $5.02B across 18 funding rounds to date. The company's 1st funding round was a Series H of $3.18M, raised on Jul 28, 2008.
How many employees does Lyft have?
As of Dec 31, 2024, the latest employee count at Lyft is 2,930.
What is the annual revenue of Lyft?
Annual revenue of Lyft is $5.79B as on Dec 31, 2024.
What does Lyft do?
App-based ride-hailing aggregator. Their platform enables users to book rides by providing various details like location, passenger details, and more. It offers various services like taxi-hailing, self-driven vehicle rentals, and more. It offers features like real-time tracking, variant payments, insured rides, ride-based rewards, and more. Also, it offers industry-specific ride-hailing and concierge services for healthcare, business travel, higher education, and more. Their mobile app is available for both Android and iOS devices.
Is Lyft publicly traded?
Yes, Lyft is publicly traded on NASDAQ under the ticker symbol LYFT.
How many acquisitions has Lyft made?
Lyft has made 12 acquisitions, including Blue Vision Labs, Cherry, and FREE NOW.
Who are Lyft's investors?
Lyft has 41 investors. Key investors include Alibaba.com, Fidelity Investments, Didi, Tencent, and Rakuten.
What is Lyft's ticker symbol?
The ticker symbol of Lyft is LYFT on NASDAQ.
What is Lyft's valuation?
The valuation of Lyft is $11.5B as of Nov 2017.
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