Lyft set to boost investment with sizable $150 million+ Series D


Article Excerpt:

Ride sharing startup Lyft is set to ramp up operations with a pending $150 million Series D round of financing.

The startup filed the paperwork below in Delaware, marking movement towards the completion of a Series D. The company is offering up 17,804,726 shares at a price of $10.1319 each in the Series D round.

The last round of cash valued shares at $4.2474, so this is more than a 40% increase in valuation of the stock price in this round.

READ THE ORIGINAL ARTICLE: Lyft set to boost investment with sizable $150 million+ Series D.

 

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