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

Oct 25, 2021

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

1 signal
Leadership Change Recent 2026-02-23

Named co-founder Maxim Romain CEO (from COO) effective Jan 2026; moved co-founder Henri Moissinac to Executive Chairman.

Leadership renewal alongside first EBITDA-profitable year signals post-merger governance stabilizing.

Funding

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

Total raised $705.8M across 8 rounds

Last updated 09-05-2026

DateRoundAmount RaisedValuationLead Investors
Jan 10, 2024 Pre-merger rescue financing TechCrunch $65M — Mubadala Capital, Sofina
Oct 25, 2021 Series D $200M $2B SoftBank Vision Fund 2
Nov 10, 2020 Series C TechCrunch $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

  • Maxim Romain

    Co-Founder & Chief Executive Officer (Dott, the merged TIER-Dott company; CEO since January 2026)

    LinkedIn
  • Henri Moissinac

    Co-Founder & Executive Chairman of the Board (Dott, the merged TIER-Dott company; CEO until January 2026)

  • Chris Hadfield

    Interim Chief Financial Officer (Dott, the merged TIER-Dott company; previously VP Corporate Strategy)

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.