Wealth Management
for the long term


lyft


WHAT THEY DO


Peer-To-Peer Transportation
FOUNDED IN
2012
TOTAL FUNDING
$2.75B
NOTABLE INVESTORS
Andreessen Horowitz

About Lyft
The peer-to-peer transportation (aka "ridesharing") industry has become increasingly crowded. In the U.S., companies have entered the market to disrupt the business historically serviced by taxis and private car services. Uber, Lyft, and global peers have proven that these new firms and services are here to stay. The industry has started to mature, and its members are beginning to differentiate themselves in new and different ways.
Wired wrote in a January 2015 article that, in a world where "it's hard not to think of Uber as a goliath...Lyft is David." That being said, Lyft standing out in ways beyond its trademark pink mustache symbol.
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. At its core, 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.
As of October 2016, Lyft operates in 37 states across the U.S. as well as, through its partnership with Grab, six countries in Southeast Asia.
Today, Lyft is positioning itself to help lead what co-founder and President John Zimmer calls "The Third Transportation Revolution" in a September 2016 Medium post.
Sources: CrunchbaseLyft
http://www.lyft.com/
Recent Press

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 $499,999,983



*Based on Preferred Stock Price, Lyft does not have a stock symbol since it is currently private and is yet to have an IPO.
Investor Track Record

Management

  • Logan Green, Co-Founder & CEO
  • John Zimmer, Co-Founder & President
Scott Weiss, Board Member (Andreessen Horowitz)

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