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. Riders have to download the Lyft mobile app to their iOS or Android-based phone, sign up, enter a valid phone number and enter a valid form of payment (either a credit card or link to an Apple Pay, Google Wallet or PayPal account). The Company offers four types of rides within the app: Lyft, Lyft Line, Lyft Plus and Lyft Premier.
San Francisco, US
Size (employees)
9,524 (est)+2%
Lyft was founded in 2012 and is headquartered in San Francisco, US
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Key People/Management at Lyft

Logan Green

Logan Green

Co-Founder and CEO
Boris Korsunsky

Boris Korsunsky

Chief Technology Officer
Jon McNeill

Jon McNeill

Chief Operating Officer
John Zimmer

John Zimmer

Co-Founder and President
Paul Thompson

Paul Thompson

Head of Culture
Amit Patel

Amit Patel

Director of Enterprise Partnerships
Amy Fox

Amy Fox

Head of Business Development and Strategic Partnerships
Kristina Omari

Kristina Omari

VP, Corporate Development and Investor Relations

Lyft Office Locations

Lyft has an office in Charlotte, Hoboken, San Leandro, Denver and in 16 other locations
San Francisco, US (HQ)
5000, 185 Berry St
New York, US
31-00 47th Ave 4th floor Long Island Cit
Seattle, US
1012 Western Ave
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Lyft Financials and Metrics

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Lyft Financials

Lyft's revenue was reported to be $1 b in FY, 2017 which is a 41.2% increase from the previous period.

Revenue (FY, 2017)

1 b

Revenue growth (FY, 2016 - FY, 2017), %


Market valuation

11.5 b
USDY, 2014Y, 2015Y, 2016FY, 2017E


31.6 m200.6 m708 m1 b

Revenue growth, %


Net Income

(199.4 m)(412 m)(606 m)
Half Year
USDH1, 2016H1, 2017


150 m483 m

Net Income

(283 m)(206 m)
USDY, 2017


105.6 k
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Lyft Operating Metrics

Lyft's Unique Users was reported to be 23 m in Y, 2017.
Y, 2015Feb, 2016Apr, 2016May, 2016Jun, 2016Jul, 2016Y, 2016Jan, 2017Feb, 2017Jul, 2017Aug, 2017Sep, 2017Oct, 2017Y, 2017Mar, 2018

Active Cities

258 347 429 500

Daily Rides

1 m

Downloads (US)

1.26 m


315 k315 k700 k1.40 m
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Lyft Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Kamcord (42)November 17, 2017
DataScore August 10, 2017
YesGraph (6)August 10, 2017
FinitePaths Inc. March 20, 2017
Leo June 26, 2015
Hitch September 22, 2014
Rover April 01, 2014
Cherry March 26, 2013
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Lyft News and Updates

Lyft, Waymo Agree to Work on Self-Driving Car Technology

In the race to the self-driving future, Lyft has agreed to work with Waymo, the self-driving car company owned by Google's parent company, to bring autonomous vehicles to the masses, both companies told NBC News on Sunday night.

Lyft hires ex-Googler as VP of talent and inclusion

Lyft has brought on Nilka Thomas to join the company as its new vice president of talent and inclusion . At Lyft, Thomas will be tasked with overseeing recruiting, inclusion, diversity and employee relations. Most importantly, in my eyes, is that Thomas will “Ensure that inclusion and diversity effo…

Lyft Partners with Magna to Develop Self-Driving System for its Ridesharing Service

The system is expected to be deployed in the next few years

Auto Parts Supplier Magna Invests $200 Million In Lyft

In another sign of the way that the auto industry is now shifting away from auto manufacturer dominance and towards parts suppliers, battery suppliers, and on-demand taxi service operators, the auto parts supplier Magna has now reportedly invested $200 million into Lyft.

New BCBS Institute working with Lyft, CVS, Walgreens to tackle social determinants

With the new subsidiary, Blue Cross Blue Shield Association bets on technology and strategic alliances to help improve socioeconomic factors for health.

Lyft says its revenue is growing nearly 3x faster than Uber’s

 Lyft made a lot of progress in 2017, helped by strong market expansion within the U.S. and riding some very bad news from its primary rival, Uber. That’s helped it grow revenue to more than $1 billion as measured by GAAP standards for its fiscal 2017, with a particularly strong Q4 during which its …
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