Lyft is taking another important step in the company's mission to improve people’s lives with transportation. Lyft has announced the close of $600 million in new capital, along with a $7.5 billion post-money valuation.
Lyft is welcoming back existing partners like Rakuten and Janus Capital, while also introducing new global partners including AllianceBernstein, Baillie Gifford, KKR and Canada’s Public Sector Pension Investment Board (PSP).
Lyft is continuing to focus on the people behind its business, making sure to take care of its drivers, passengers and team members. Lyft has big plans on the horizon, and will continue investing in new technology and hospitality in order to create experiences that passengers and drivers will love.