Lyft (NASDAQ:LYFT), headquartered in San Francisco, operates a technology-driven multi-modal transportation network platform across the United States and Canada. Through its mobile app, Lyft connects passengers with a community of driver-partners offering on-demand, point-to-point rides. The company’s platform extends beyond traditional ride-hailing, encompassing options such as shared rides, luxury vehicles, wheelchair accessible vans and intercity long-distance trips.
Founded in 2012 by Logan Green and John Zimmer as a spin-off from Zimride, the company has grown to serve hundreds of metropolitan areas in North America. Lyft introduced carpooling services under Lyft Line and subsequently expanded into micro-mobility with bike and e-scooter rentals through partnerships in urban centers. Its vehicle rental marketplace and collaborations with leasing providers offer driver-partners flexible access to cars, reducing barriers to network participation.
Lyft’s service footprint spans more than 600 cities, making it a leading ride-hailing contender alongside its industry peers. In addition to consumer ride services, Lyft Business delivers transportation solutions for corporate clients, including commuter programs, event transportation and health care rides. The company also works with municipal transportation agencies to integrate shared mobility into broader urban planning and public transit systems.
Co-founders Logan Green and John Zimmer laid the foundation for Lyft’s platform, and the company today is led by CEO David Risher. Lyft has invested in autonomous vehicle research through its Level 5 division and strategic alliances with technology partners to advance self-driving car capabilities. Emphasizing environmental sustainability, Lyft continues to develop electric vehicle initiatives and incentive programs to support low-carbon transportation.
