Lyft Garners $60,000,000 New Financing Round

  • Feed Type
  • Date
    5/23/2013
  • Company Name
    Lyft
  • Mailing Address
    Undisclosed San Francisco, CA 94102
  • Company Description
    Lyft is an on-demand ridesharing service owned and operated by Zimride that is currently operating in San Francisco, CA. Using the Lyft iPhone app, passengers can instantly request a pickup, and a safe, friendly driver will arrive within minutes. The Lyft staff carefully selects pre-vetted, trustworthy drivers from the community who swiftly get passengers to their destinations.
  • Website
    http://www.lyft.me
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $60,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    The company will use the funding to expand its service domestically and internationally.
  • M&A Terms
  • Venture Investor
    Andreessen Horowitz
  • Venture Investor
    Undisclosed

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