Lyft adds $1 billion, bringing the total raised to $3.6 billion at an $11 billion valuation. Congrats to Lyft on gaining access to Google parent Alphabet’s Waymo automated car technology.
Today we’re happy to announce CapitalG — Alphabet’s growth investment fund — is leading a $1 billion financing round in Lyft. This brings Lyft’s post-money valuation to $11 billion. We’re also excited to work with CapitalG Partner David Lawee, who is joining Lyft’s Board.
Source: Alphabet’s CapitalG Leads $1 Billion Round in Lyft — Lyft Blog