# Lyft

**Source:** https://www.startuphub.ai/startups/lyft
**Profile type:** Startup

> A ride-sharing company offering on-demand transportation through a mobile app, including services for minors.

## About

Lyft is a transportation network company that provides on-demand and scheduled rides through its app, connecting riders with drivers. It offers various ride options to suit different needs and budgets, and also enables individuals to become drivers and earn income. Lyft also provides transportation solutions for businesses and aims to make rides more accessible through programs like Lyft Up.

## Key facts

- **Slug:** lyft
- **Website:** https://www.lyft.com/
- **Location:** San Francisco, United States
- **Founded:** 2012-06-01
- **Employees:** 28020
- **Operating status:** Active
- **Sectors / tags:** Transportation, Consumer, Ridesharing, Marketplace, Consumer App, Fleet Management
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/lyft
  - Twitter: https://twitter.com/lyft
  - Facebook: https://www.facebook.com/lyft

## Frequently asked

### What does Lyft do?

Lyft is a transportation network company that provides on-demand and scheduled rides through its app, connecting riders with drivers. It offers various ride options to suit different needs and budgets, and also enables individuals to become drivers and earn income. Lyft also provides transportation solutions for businesses and aims to make rides more accessible through programs like Lyft Up.

### Where is Lyft headquartered?

Lyft is headquartered in San Francisco, United States.

### When was Lyft founded?

Lyft was founded in 2012.

### What industry does Lyft operate in?

Lyft operates in Transportation, Consumer, Ridesharing, Marketplace, Consumer App, Fleet Management.

### How many employees does Lyft have?

Lyft has approximately 28020 people on record.

### What is Lyft's revenue?

StartupHub estimates Lyft's annual revenue at $17.4B (range $9.0B to $20.2B, 67% confidence), based on comparable companies in the sector.

### What is Lyft's valuation?

StartupHub estimates Lyft's effective valuation at $760.5M (range $370.4M to $3.5B, 57% confidence), based on comparable companies in the sector.

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