On June 27, 2018, Lyft, a leading rideshare company in the U.S., announced that Fidelity Management & Research Company is leading a $600 million financing round in Lyft, bringing Lyft's post-money valuation to $15.1 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, Lisa Stimmell, and Becki DeGraw, and includes associates Lester Ang and Gordon Grafft, and Wendy Guo. The firm has represented Lyft in each of its Series E, F, G, and H financing rounds.