Lyft is a privately held, San Francisco–based American transportation network company. The company’s mobile-phone application facilitates peer-to-peer ridesharing by connecting passengers who need a ride to drivers who have a car. Lyft’s tagline is “your friend with a car”. Lyft currently operates in around 65 U.S. cities, including San Francisco, Los Angeles, and New York City, with plans to expand both domestically and internationally. As of August 2014, Lyft had raised $332.5 million from companies including Coatue Management, Alibaba, Andreessen Horowitz, Founders Fund, Mayfield Fund, K9 Ventures, Floodgate.