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). The Company offers four types of rides within the app: Lyft, Lyft Line, Lyft Plus and Lyft Premier. 

Company Growth (employees)
Type
Private
HQ
San Francisco, US
Founded
2012
Size (employees)
9,524 (est)+2%
Website
lyft.com
Lyft was founded in 2012 and is headquartered in San Francisco, US

Key People/Management 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
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 offices in San Francisco, Palo Alto, Nashville, Seattle 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 $708 m in 2016
USD

Revenue (H1, 2017)

483 m

Net income (H1, 2017)

(206 m)

Market valuation

11.5 b
USDY, 2014Y, 2015Y, 2016

Revenue

31.6 m200.6 m708 m

Revenue growth, %

535%253%

Net Income

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

Revenue

150 m483 m

Net Income

(283 m)(206 m)
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Lyft Operating Metrics

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

Rides

53.3 m162 m350 m500 m

Drivers

315 k315 k700 k1.4 m

Rides (US and Toronto)

162.6 m375.5 m

Monthly Rides

7 m11.4 m12.7 m12.4 m13.9 m28 m
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Lyft Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
KamcordNovember 17, 2017
DataScoreAugust 10, 2017
YesGraphAugust 10, 2017
FinitePaths Inc.March 20, 2017
LeoJune 26, 2015
HitchSeptember 22, 2014
RoverApril 01, 2014
CherryMarch 26, 2013
Lyft's employees are reported to be approximately 42% female and 58% male.

Lyft Median Salaries

Source: 144 public H-1B filings from Lyft
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Lyft's Web-traffic and Trends

Lyft Online and Social Media Presence

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 and Aptiv Are Keeping Their Self-Driving BMW Taxis in Las Vegas

No word on how long they'll stick around.

Lyft Concierge, its ride-booking service for businesses, opens to all

 Lyft today announced it’s expanding its Concierge program – the service that allows organizations to schedule rides for other people – to more business customers. First announced in 2016, the service was originally designed to help patients get to medical appointments, particularly in areas where t…

Lyft: Riders put $2 billion into local economies in 2017

Lyft passengers spent $2 billion on local businesses and services in 2017, according to the results of the 2018 Lyft Economic Impact report. By contrast, Lyft riders had an economic impact of $750 million last year, according to the 2017 Lyft Economic Impact Report. The survey of more than 60,000 Ly…

Federal officials love tech, unless it’s driverless cars, net neutrality or drones

Wandering the trade show aisles showcasing talking robots, large screen TVs and the latest smartphones at the Consumer Electronics Show in Las Vegas this week were a Cabinet secretary and commissioners from the Federal Communications Commission and the Federal Trade Commission. All of them proclaime…

GM unveils autonomous vehicle with no steering wheel or pedals, plans for 2019 launch

General Motors (GM) has revealed that it’s on track to put its first self-driving car on roads in 2019. Today, the company revealed that the fourth generation of its electric driverless vehicle, the Cruise AV, will not have any manual controls, such as pedals or a steering wheel. Though many compani…
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Lyft Company Life and Culture

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