13 Facts About Lyft


Lyft, Inc, based in San Francisco, California, offers mobility as a service, ride-hailing, vehicles for hire, motorized scooters, a bicycle-sharing system, rental cars, and food delivery in the United States and select cities in Canada.

FactSnippet No. 864,126

Lyft was launched in the summer of 2012 by computer programmers Logan Green and John Zimmer as a service of Zimride, a long-distance intercity carpooling company focused on college transport that they founded in 2007 after Green shared rides from the University of California, Santa Barbara campus to visit his girlfriend in Los Angeles and was seeking an easier way to share rides.

FactSnippet No. 864,127

In July 2013, Lyft sold the original Zimride service to Enterprise Holdings, the parent company of Enterprise Rent-A-Car, to enable the company to focus exclusively on the growth of Lyft.

FactSnippet No. 864,128

In January 2015, Lyft introduced a small, glowing plastic dashboard mustache it called a "glowstache" as an alternative to the large fuzzy mustaches on the front of cars.

FactSnippet No. 864,129

In December 2017, Lyft expanded into Canada, with operations in the Toronto, Hamilton and Ottawa metropolitan areas.

FactSnippet No. 864,130

In March 2018, Lyft partnered with Allscripts to create a platform allowing healthcare providers to arrange rides for patients who lack transportation to appointments.

FactSnippet No. 864,131

In November 2018, Lyft acquired Motivate, a bicycle-sharing system and the operator of Capital Bikeshare and Citi Bike.

FactSnippet No. 864,132

In March 2019, Lyft became a public company via an initial public offering, raising $2.

FactSnippet No. 864,133

Lyft set aside some shares to be given to long-time drivers.

FactSnippet No. 864,134

In March 2020, Lyft acquired Halo Cars which pays drivers to display digital advertisements on top of their vehicles.

FactSnippet No. 864,135

Lyft continued to offer scooters for rent in San Francisco, while Miami government asked Lyft to halt operations.

FactSnippet No. 864,136

In December 2020, Lyft announced that it will launch a multi-city U S robotaxi service in 2023 with Motional.

FactSnippet No. 864,137

In November 2018, Lyft settled a class action suit filed in 2014 alleging that the company had sent large numbers of unwanted commercial text messages.

FactSnippet No. 864,138