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 must 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). Passengers can then request a ride from a nearby driver. Once confirmed, the app shows the driver's name, ratings by past passengers, and photos of the driver and car. Drivers and passengers can add personal information to their profiles about their hometown, music preferences, and other details to encourage drivers and passengers to converse during the ride After the ride is over, the rider is given the opportunity to provide a gratuity to the driver, which is also billed to the rider's payment method.

Lyft offers four types of rides within the app: Lyft — the basic and most popular offering that matches passengers with nearby drivers; Lyft Line, which is not available in all cities, but is the cheapest option and will match passengers with other riders if they are going in the same direction; Lyft Plus that matches passengers with a six-seater car and Lyft Premier that matches passengers with a luxury car. 

Company Growth (employees)
Type
Private
HQ
San Francisco, US
Founded
2012
Size (employees)
1,600 (est)+114%
Website
lyft.com
Lyft was founded in 2012 and is headquartered in San Francisco, US

Key People at Lyft

Logan Green

Logan Green

Co-Founder and CEO
Boris Korsunsky

Boris Korsunsky

Chief Technology Officer
John Zimmer

John Zimmer

Co-Founder and President
Luc Vincent

Luc Vincent

VP of Engineering
Amy Fox

Amy Fox

Director of Partnerships
Paul Thompson

Paul Thompson

Head of Culture
Amit Patel

Amit Patel

Director of Enterprise Partnerships

Lyft Office Locations

Lyft has an office in San Francisco
San Francisco, US (HQ)
2300 Harrison St
San Francisco, US
5000 185 Berry St

Lyft Data and Metrics

Lyft Financial Metrics

Lyft's revenue was reported to be $700 m in 2016 which is a 249% increase from the previous period.
USD

Revenue (Y, 2016)

700 m

Revenue growth (Y, 2015 - Y, 2016), %

249%

Net income (Y, 2016)

(600 m)

Market valuation

7.5 b
USDY, 2014Y, 2015Y, 2016

Revenue

31.6 m200.6 m700 m

Revenue growth, %

535%249%

Net Income

(199.4 m)(412 m)(600 m)

Lyft Operating Metrics

Y, 2015Feb, 2016Apr, 2016May, 2016Jun, 2016Jul, 2016Y, 2016Jan, 2017Feb, 2017Jul, 2017

Rides

53.3 m162 m350 m

Drivers

315 k700 k

Monthly Rides

7 m11.4 m12.7 m12.4 m13.9 m

Unique Passengers

2.4 m2.8 m

Monthly Active Users (US)

4.5 m4.7 m3.6 m

Downloads (US)

1.26 m

Active Cities

258347429

Daily Rides

1 m

Lyft Job Categories

Lyft Median Salaries

Source: 144 public H-1B filings from Lyft

Lyft Online and Social Media Presence

Lyft News and Updates

Lyft Company Life and Culture

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