Tech Company Financing Transactions
Lyft Funding Round
Lyft, based in San Francisco, secured $60 million from Andreessen Horowitz and private investors.
Transaction Overview
Company Name
Announced On
5/23/2013
Transaction Type
Venture Equity
Amount
$60,000,000
Round
Series C
Investors
Andreessen Horowitz (Lead Investor) (Scott Weiss)
Proceeds Purpose
The company will use the funding to expand its service domestically and internationally.
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.
Management Team
Title
Name
Email & Social
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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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