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

from TechCrunch