Lyft

Lyft, Inc. is an American transportation company founded in June 2012 in San Francisco by Logan Green and John Zimmer as a spin-off of the earlier carpooling service Zimride (founded in 2007). The company changed its name from Zimride to Lyft in May 2013 and sold the original Zimride business to Enterprise Holdings in July 2013. Lyft provides ride-hailing, e-scooter rental, and bicycle-sharing services in the U.S. and Canada, and since July 2025 - following the €175 million acquisition of Free Now - also in Europe. The company went public on Nasdaq in March 2019 under the ticker LYFT (a USD 2.34 billion IPO at a USD 24.3 billion valuation). In April 2021, Lyft sold its self-driving vehicle division (Level 5) to Toyota for USD 550 million. Since 2025, Lyft has partnered with Waymo (Nashville) and May Mobility (Atlanta) on robotaxi deployments. CEO since March 2023 is David Risher; founders Logan Green and John Zimmer serve as chairman and president respectively. Subsidiaries include Motivate (Citi Bike, Capital Bikeshare), Lyft Urban Solutions, and Free Now.