Lyft raises another $600M at $7.5B valuation as it continues to battle Uber

Lyft confirms $600M in new funding at a $7.5B post-money valuation

Lyft: Today, we’re taking another important step in Lyft’s mission to improve people’s lives with the world’s best transportation. We're excited to announce the close of $600 million in new capital, along with a $7.5 billion post-money valuation.

We’re 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).

We are continuing to focus on the people behind our business, making sure to take care of our drivers, passengers and team members. We have 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.

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