Lyft confirms $600 million in new funding at $7.5 billion valuation
Wednesday, April 12, 2017, 9:48 AM
Lyft has confirmed that it has raised a new round of funding, bringing in $600 million from a mix of new and existing investors. The latest investment places the ride-hailing company at a $7.5 billion post-money valuation. Investors that contributed to the round include Alliance Bernstein, Baillie Gifford, KKR, and Canada’s Public Sector Pension Investment Board, along with previous backers Rakuten and Janus Capital.