Peer-to-peer ridesharing service Lyft launched in Baltimore last week.
Users download the Lyft app on their iPhone or Android device and select their pickup location. They request an available driver and get a “lyft” where they need to go. After the ride is finished, users rate drivers on the app and give them a donation. The donations are collected through the app itself, and drivers keep about 80 percent of their take.
Co-founded by Logan Green and John Zimmer in San Francisco last year, Lyft is an offshoot of Zimride, a digital ridesharing community that came to be in 2007.
Lyft was founded in San Francisco and currently operates in a total of 16 cities. An influx of $60 million in Series C funding in May, led by Andreessen Horowitz, has allowed Lyft to scale. Lyft’s Boston operation launched in May and marked the first East Coast location for the business; D.C. was the second East Coast city and launched in August.
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