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April 6, 2017 05:45 pm GMT

Lyft said to have raised over $500M, at a $6.9B valuation

Lyft has just raised a big new round, according to a new report from the Financial Times. The round brings in over $500 million in new funding, and sets the valuation for the ride hailing company at $6.9 billion (pre-money), which is well north of their $5.5 billion valuation from their previous funding round in January of last year. Even at $6.9 billion, Lyft is still worth ten times less… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9bdjQQ5P8gA/

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