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. The Company designs, markets, and operates a mobile application that matches drivers with passengers who request rides, and also allows payment through the app. It also allows riders to schedule rides up to seven days in advance.

TypePrivate
HQSan Francisco, US
Founded2012
Size (employees)2,000 (est)
Websitelyft.com
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, CEO
Boris Korsunsky

Boris Korsunsky

CTO
Jon McNeill

Jon McNeill

COO
John Zimmer

John Zimmer

Co-Founder, President
Sameer Qureshi

Sameer Qureshi

Director of Product
Paul Thompson

Paul Thompson

Head of Culture
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Lyft Office Locations

Lyft has offices in Portland, Phoenix, San Francisco, Chicago and in 16 other locations
San Francisco, US (HQ)
5000, 185 Berry St
Austin, US
1021 E 7th St #102
Boston, US
56 Roland St Suite 200
Chicago, US
3976 N Avondale Ave
Denver, US
1401 Zuni St #105
New York, US
31-00 47th Ave 4th floor Long Island Cit
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Lyft Financials and Metrics

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Lyft Revenue

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

Revenue (FY, 2017)

1 b

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

41.2%

Market valuation

15.1 b
Annual
USDY, 2014Y, 2015Y, 2016FY, 2017E

Revenue

31.6 m200.6 m708 m1 b

Revenue growth, %

535%253%41%

Net Income

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

Revenue

150 m483 m

Net Income

(283 m)(206 m)
USDY, 2017

Revenue/Employee

105.5 k
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Lyft Operating Metrics

Y, 2015Y, 2016Jan, 2017Feb, 2017Jul, 2017Aug, 2017Oct, 2017Y, 2017Y, 2018

Active Cities

258 347 429 500

Daily Rides

1 m

Rides

53.30 m162 m350 m500 m375 m

Rides (US and Toronto)

162.60 m375.50 m
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Lyft Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Citi Bike July 02, 2018
Motivate International June 01, 2018$250 m
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

Human Capital Metrics

Lyft's employees are reported to be approximately 42% female and 58% male.
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Lyft Online and Social Media Presence

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Lyft News and Updates

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

Lyft, Waymo Agree to Work on Self-Driving Car TechnologyIn 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 offers discounted rides on Emmys night even if you're far from the red carpet

Even if you're far from the Hollywood glamour for Monday's 70th annual Emmy Awards, you can ride in style, or at least for less money. Lyft, in conjunction with vodka company Ketel One, is offering 10,000 discounted rides through the ride-hailing app for the award show on Monday night. It's not ju…

Uber and Lyft Drivers in Chicago Will Hold Rally to Protest Abuse and Low Wages

“We all like this, we just have to make it work better.”

Lyft hires yet another ex-Tesla employee

Lyft is on a bit of a Tesla poaching spree while Tesla employees are exiting in droves. The latest ex-Tesla employee to join Lyft is Cal Lankton, who most recently led the development of Tesla’s electric vehicle charging network up until May. At Lyft, Lankton will serve as VP of infrastructure opera…

Airbnb and Lyft are helping people escape Hurricane Florence

The sharing economy is springing into action as Hurricane Florence bears down on the US east coast. Airbnb has activated its disaster response tool for…

Lyft Commits to Full Carbon Neutrality and Renewable Energy Ahead of Global Climate Action Summit

Its offices, as well as its rides, will be offset by clean energy bought directly from local utility partners.
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Lyft Company Life and Culture

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