Tech Company Financing Transactions
Lyft Funding Round
GM Ventures participated in a $500 million funding round for Lyft. The round was announced by the company on 1/4/2016.
Transaction Overview
Company Name
Announced On
1/4/2016
Transaction Type
Venture Equity
Amount
$500,000,000
Round
Undisclosed
Investors
GM Ventures (Daniel Ammann)
Proceeds Purpose
As part of the investment into Lyft, G.M. will work on developing a so-called autonomous on-demand network of self-driving cars.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
548 Market St. 68514
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Undisclosed
Website
Email Address
Overview
Lyft is an on-demand ridesharing service. 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.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Logan Green
Chief Financial Officer
Brian Roberts
Chief Marketing Officer
Kira Wampler
Chief Operating Officer
Jon McNeill
Chief Technical Officer
Chris Lambert
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About Our VC Transactions Data
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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