TIER

Berlin, Germany Mobility Acquired

TIER Mobility was a Berlin-based shared micro-mobility provider founded in 2018 by Lawrence Leuschner, Matthias Laug and Julian Blessin. It operated fleets of e-scooters, e-bikes, and e-mopeds across more than 260 cities in 22 countries in Europe and the Middle East. In January 2024, TIER announced a merger with Dutch competitor Dott, backed by an additional EUR 60 million equity injection led by Mubadala Capital and Sofina. The combined company subsequently rebranded entirely under the Dott name on 21 October 2024, retiring the TIER brand.

Acquired

TIER has been acquired

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2018

Employees

501–1,000

Total Funding

$705.8M

8 rounds

Latest Valuation

$2B

January 10, 2024

Funding

Total raised $705.8M across 8 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Series D

Date

October 25, 2021

Amount

$200M

Valuation

$2B

Lead Investors

SoftBank Vision Fund 2
DateRoundAmount RaisedValuationLead Investors
January 10, 2024 Pre-merger rescue financing $65M Mubadala Capital, Sofina
October 25, 2021 Series D $200M $2B SoftBank Vision Fund 2
November 10, 2020 Series C $250M SoftBank Vision Fund 2

Prominent Investors

Vision Fund Mubadala M&G Investments Mountain Partners RTP Ventures Novator Partners LLP White Star Capital Northzone Speedinvest Novator M& G Investments Speedinvest Mountain Partners RTP Global Mubadala Capital Soft Bank Vision Fund 2 Northzone White Star Capital

Leadership

  • Lawrence Leuschner

    Co-Founder & former CEO (Chairman of the Supervisory Board, Dott/TIER post-merger)

  • Matthias Laug

    Co-Founder & former CTO

  • Julian Blessin

    Co-Founder

  • Henri Moissinac

    CEO of merged Dott/TIER entity

  • Maxim Romain

    COO of merged Dott/TIER entity

  • Alex Gayer

    CFO of merged Dott/TIER entity

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Lime

    US-based global leader in shared e-scooter and e-bike micro-mobility, with operations across North America, Europe, Asia-Pacific, and the Middle East.

  • Bird

    US-based shared e-scooter operator; pioneered the dockless scooter sharing model and listed via SPAC before subsequent restructuring.

  • Voi Technology

    Swedish shared e-scooter operator focused on European cities; primary head-to-head competitor of TIER across European markets.

  • Dott

    Amsterdam-based shared micro-mobility operator; merged with TIER in 2024 to form the combined Dott/TIER entity, then absorbed the TIER brand under the Dott name.

  • Bolt

    Estonia-based ride-hailing and mobility super-app whose offering includes shared e-scooters and e-bikes across European cities.

  • Lyft

    US ride-hailing operator (NASDAQ: LYFT) with a shared bike/scooter division (Citi Bike, Bay Wheels) competing in shared micro-mobility globally.

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Data collected with AI, which can make mistakes. Please double-check this information.