On October 19, 2017, Lyft, a leading rideshare company in the U.S., announced that CapitalG, Alphabet's growth investment fund, is leading a $1 billion financing round in Lyft. The deal brings Lyft's post-money valuation to $11 billion. Wilson Sonsini is representing Lyft in the transaction.
The Wilson Sonsini team that is representing Lyft in the transaction is led by partners Katie Martin and Lisa Stimmell and includes associates Becki DeGraw, Wendy Guo, Lester Ang, and Gordon Grafft. The firm has represented Lyft in each of its Series E, F, and G financing rounds.