TIER Mobility

TIER Mobility is a micro-mobility servicees company that provides electric scooters that can be rented on demand to travel the last mile in cities.

TIER Mobility is Europe's leading company for shared micro-mobility services with a mission to change mobility for good.

TIER was founded in Oct 2018, by Lawrence Leuschner, Matthias Laug, and Julian Blessin. The company is headquartered in Berlin and currently operates in 95+ cities across 12 countries in Europe and the Middle East.

 

TIER plays the leading force in the ongoing transformation of transportation, relieving cities from emissions and congestion, and putting responsible usage and safety at the centre of its business.

 

TIER has joined forces with other zero-emission means of transport in order to significantly reduce the use of cars, helping cities to shift their focus to alternative e-vehicles. The company is best positioned to become the leading player in Europe and Globally.

 

TIER has deployed 135,000 e-scooters, e-bikes and e-mopeds across 150 cities in 16 countries — claiming to have established itself as “the European market leader through unrivalled capital efficiency and operational excellence”.

 

TIER is backed by Mubadala Capital, SoftBank Vision Fund 2, Goodwater Capital, Goldman Sachs, RTP Global, AXA Germany, Evli Growth Partners, Point Nine, Speedinvest, White Star Capital, Northzone, and others. The company raised $200M in Series D round on Oct 25, 2021. This brings Tier's total funding to $643M to date. The latest round mints TIER a unicorn with a valuation of $2B post-money.

 

 

  • Year founded: 2018
  • Funding Info: $643M over 7 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 501-1,000
  • Business Valuation: Valued at $2B as of Oct 25, 2021
  • City/Town: Berlin
  • State: Berlin
  • Country: Germany
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