Lyft
San Francisco-based ridesharing company listed on Nasdaq. It operates in the United States, Canada and, through Freenow, Europe, and reported 2025 revenue of USD 6.3 billion.
Industry: Ridesharing and multimodal transportation | Location: San Francisco, United States | Founded: 2012 | Total Funding: USD 104.9M
About Lyft
Lyft, Inc. is a US transportation company that runs a rideshare marketplace in the United States and Canada and, since 2025, in Europe. Its 2025 annual report describes a global mobility platform offering rideshare, taxis, private hire vehicles, executive chauffeur services, car sharing, bikes and scooters. Its Class A shares trade on the Nasdaq Global Select Market under the symbol LYFT. It is based in San Francisco and had 3,913 full-time employees at the end of 2025.
Wikipedia says Logan Green and John Zimmer launched Lyft in the summer of 2012 as a service of Zimride, and the company took the Lyft name in May 2013. David Risher has been chief executive since April 2023, after running the non-profit Worldreader and working at Amazon. Sean Aggarwal chairs the board. Michael Brous became chief financial officer in September 2026, succeeding Erin Brewer, who held the post in February 2026.
Products include Standard, Priority Pickup and XL rides, the Lyft Pink membership, bikes, scooters, Lyft Ads and Express Drive vehicle rentals for drivers. Lyft acquired Freenow in July 2025 and the chauffeur company TBR Global Chauffeuring in October 2025; the chauffeur business moves to a new brand, Alcove, in early 2027. Lyft says Freenow operates in more than 200 cities. On 30 September 2026 Lyft let North American riders use the Lyft app in Europe.
Waymo vehicles became available in the Lyft app in Nashville on 9 September 2026, with Lyft's Flexdrive unit managing the fleet, and Lyft's second-quarter 2026 remarks cite tests of Baidu's Apollo Go vehicles in London.
For 2025 Lyft reported revenue of 6.3 billion US dollars, up 9 percent, gross bookings of 18.5 billion dollars and 945.5 million rides. Net income was 2.8 billion dollars, including a benefit from releasing a tax valuation allowance. For the second quarter of 2026, announced on 6 August, gross bookings were 5.5 billion dollars, up 23 percent, with net income of 50 million dollars.
In December 2015 Kingdom Holding of Saudi Arabia invested 104.9 million dollars for a 2.3 percent stake, Entrepreneur Middle East reported.
Leadership
- Logan Green, Co-founder
- John Zimmer, Co-founder
- David Risher, Chief Executive Officer and Director
- Michael Brous, Chief Financial Officer
- Lindsay Llewellyn, Chief Legal Officer and Corporate Secretary
- Sean Aggarwal, Board Chair
- Jeremy Bird, Executive Vice President of Global Growth