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Lyft

lyft.com

Founded Year

2012

Stage

IPO | IPO

Total Raised

$4.763B

Date of IPO

3/29/2019

Market Cap

3.38B

Stock Price

9.02

Revenue

$0000 

About Lyft

Lyft (NASDAQ: LYFT) operates a mobile application. It offers ride-sharing services. It enables transportation by matching passengers with nearby drivers through on-demand or pre-scheduled rides. The company was founded in 2012 and is based in San Francisco, California.

Headquarters Location

185 Berry Street Suite 5000

San Francisco, California, 94107,

United States

844-250-2773

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Expert Collections containing Lyft

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Lyft is included in 3 Expert Collections, including Conference Exhibitors.

C

Conference Exhibitors

5,501 items

HLTH is a healthcare event bringing together startups and large companies from pharma, health insurance, business intelligence, and more to discuss the shifting landscape of healthcare

T

Tech IPO Pipeline

286 items

M

Mobility-as-a-Service

610 items

Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.

Lyft Patents

Lyft has filed 598 patents.

The 3 most popular patent topics include:

  • Autonomous cars
  • Diagrams
  • Sensors
patents chart

Application Date

Grant Date

Title

Related Topics

Status

12/29/2017

5/30/2023

Rotating disc computer storage media, Autonomous cars, Supply chain management, Information technology management, Computer storage media

Grant

Application Date

12/29/2017

Grant Date

5/30/2023

Title

Related Topics

Rotating disc computer storage media, Autonomous cars, Supply chain management, Information technology management, Computer storage media

Status

Grant

Latest Lyft News

Tesla-Only Driveshare Company Autzu Expanding To Three Big U.S. Cities With Eye To EV Robocars

Jun 1, 2023

Got it! Autzu Rideshare drivers in several big North American cities will soon be able to ditch their gas-burning vehicles for emission-free electric Teslas for a few bucks an hour as a result of a major expansion announced Thursday by mobility company Autzu. It’s just the first step of a longer-range plan the San Francisco-based company has for global expansion and to eventually move to autonomous EVs as it seeks to improve the environment by reducing the number of internal combustion engine rideshare vehicles. John Gabriel, CEO, Autzu Autzu “Me and you will drive our car one or two hours a day, but a rideshare vehicle will drive nonstop 12 hours a day and produce emissions of equivalent to maybe eight to 12 other cars. So, why are we as a society not focusing on converting those cars to electric, right?” said Autzu CEO John Gabriel in an interview. Indeed, Autzu plans to grow to 1% of the market size in these cities (500 vehicles in San Francisco and 1,000 vehicles in Los Angeles), resulting in a total CO2 emissions reduction of 20,250 metric tons per year, according to a company statement. MORE FOR YOU In addition to its current operation in Toronto, Canada, Autzu is expanding in the U.S. in stages: San Francisco in July, Los Angeles in September or October and New York City by either the end of this year or early 2024, according to Gabriel. Founded in 2017, Autzu operated initially in Toronto through a partnership with Uber formed in 2018 and then expanded to New York City the following year where it was forced to shut down when the Covid pandemic hit, Gabriel explained. The plan is to offer around 500 vehicles in each location, scaling each location to target initially around 5% of the market size—so we have one vehicle per two or three drivers,” Gabriel explained. Beyond the cities announced Thursday, Gabriel said the company is looking abroad to London, Singapore and Dubai to begin operations “as soon as possible” after the New York City launch. Booking page from Autzu mobile app. Rideshare drivers use the Autzu app to register to book EV ... [+] rentals. Autzu For drivers the arrangement is simple. After downloading the Autzu mobile app they need simply to connect it with their rideshare accounts, such as Uber, Lyft, Via. Once their Autzu account is activated they can book EVs for four, eight or 12 hour slots or longer at $7 an hour which covers insurance, maintenance and parking for their personal vehicle during the rental. Every car is a Tesla Model 3. Autzu leases them from various commercial fleet companies for about $4,000 a month and clearing about $1,000 on each one, according to Gabriel. The decision to offer Teslas exclusively is based on what Gabriel describes as the automaker’s “very robust external charging infrastructure. So if a driver needs to charge their vehicle, they can just drive to any Tesla Supercharger, plug it in 20 minutes and they can go back on the road.” About 20,000 rideshare drivers are already registered with Autzu, creating the increasing demand necessitating the company’s aggressive expansion moves, Gabriel said. But in its quest to replace internal combustion engine rideshare vehicles with emission-free EVs Gabriel is looking longer-range to eventually moving to the use of self-driving cars through partnerships with automakers, charging infrastructure providers and urban planners. “Our long term plan is to build the infrastructure required for autonomous rideshare vehicles. So we aim to kind of have that as electric vehicles scale. We're kind of building these charging hubs, stations for car cleaning, maintenance and charging and once cars become autonomous, the only automated part is a driver,” said Gabriel. “The car will not maintain itself, will not just simply charge itself. So you still need the infrastructure to be able to kind of house those autonomous vehicles and also dispatch them on multiple platforms like Uber, Lyft, whatever, at the same time.” Follow me on  Twitter .

Lyft Frequently Asked Questions (FAQ)

  • When was Lyft founded?

    Lyft was founded in 2012.

  • Where is Lyft's headquarters?

    Lyft's headquarters is located at 185 Berry Street, San Francisco.

  • What is Lyft's latest funding round?

    Lyft's latest funding round is IPO.

  • How much did Lyft raise?

    Lyft raised a total of $4.763B.

  • Who are the investors of Lyft?

    Investors of Lyft include G Squared, Fidelity Ventures, Magna International, Rakuten Capital, Janus Capital Group and 43 more.

  • Who are Lyft's competitors?

    Competitors of Lyft include Cabify, Turo, Blacklane, Getaround, BlaBlaCar, Ola, Grab, DocGo, Didi Chuxing, Ridecell and 31 more.

Compare Lyft to Competitors

Turo Logo
Turo

Turo offers a peer-to-peer car-sharing marketplace for people to book cars from a community of local hosts across the US, Canada, the UK, and Germany. It allows guests to choose from a selection of cars to book from local car owners, while private car owners extra earn money to offset the costs of car ownership. Turo was formerly known as RelayRides. The company was founded in 2010 and is based in San Francisco, California.

R
RideCharge

RideCharge, formerly TaxiMagic, dba Curb, connects users to safe, reliable rides from professional drivers. Download Curb for iPhone or Android to request a ride with the tap of a button, track a driver's arrival and pay fares seamlessly.

BlaBlaCar Logo
BlaBlaCar

BlaBlaCar offers an online marketplace. It connects drivers with empty seats with people looking for a ride or with travelers and commuters going in the same direction. Its website displays preferences for ensuring the quality of the matching between drivers and passengers such as smoking or not, animals accepted in the car or not, etc. It was formerly known as Covoiturage and changed its name to BlaBlaCar. The company was founded in 2006 and is based in Paris, France.

Gett Logo
Gett

Gett is a technology platform focused on corporate Ground Transportation Management (GTM). Gett’s cloud-based software organizes thousands of transportation providers (corporate fleet, ride-hailing, taxi, and limos) into one single platform. The technology helps save businesses time and money by managing all their ground transportation spending and optimizes the entire employee experience from booking and riding to invoicing and analytics.

ingogo Logo
ingogo

ingogo provides a mobile app that automatically locates and pings all the nearby taxi drivers with job requests.

Wingz Logo
Wingz

Wingz operates as a rideshare company focused on specialized transportation. It enables travelers to schedule private, fixed-price, and door-to-door airport rides. It was founded in 2011 and is based in San Francisco, California.

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