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RivalSense tracks the most important product launches, fundraising news, partnerships, hiring activities, pricing changes, tech news, vendors, corporate filings, media mentions, and other developments of companies you're following 💡

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Lyft

🌎 lyft.com

Lyft is a rideshare company founded in 2012 by Logan Green and John Zimmer. It is available to approximately 95 percent of the United States population as well as select cities in Canada. Lyft is committed to effecting positive change for cities by offsetting carbon emissions from all rides and promoting transportation equity through shared rides, bikeshare systems, electric scooters, and public transit partnerships.

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Updates as of Sep 26, 2024

• Lyft partnered with Smartcar to launch the 'Rides in Range' tool, which helps EV drivers avoid range anxiety by ensuring ride requests are within their vehicle's current battery range.
• Lyft partners with the University of Minnesota to offer custom transportation programs for departments, including business travel billing and campus visitor transportation.
• Lyft is facing a personal injury lawsuit filed by Jose Rafael Torres Matos in the US District Court for the Northern District of Texas on September 23, 2024.
• Lyft has optimized driver incentives using Gurobi, reducing time spent per linear problem by 80% and improving overall end-to-end time by 92%.
• Lyft partners with AWS and Smarsh Inc. on an EV battery range issues project.

• Lyft now offers the option to choose female drivers for safer and more comfortable rides.
• Lyft data shows a 32% increase in rides to/from colleges over the past two academic years.

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