# TIER Mobility SE

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tier-mobility-se

- Industry: Transportation Services
- Headquarters: Berlin, Germany
- Website: www.tier.app
- Total disclosed funding: $581M
- Latest round: Series D (Oct 25, 2021)
- Investors on record: 18

## About

Founded in 2018 by CEO Lawrence Leuschner, Matthias Laug, and Julian Blessin, and based in Berlin, Germany, Tier Mobility GmbH operates as a micro-mobility company that provides sustainable ride-sharing solutions. The company operates a fleet of 20,000 scooters across 95 cities in 12 countries. In October 2021, Tier Mobility GmbH raised USD 200 million in series D funding by investors Mubadala Capital, SB Investment Advisers, M&G Investments and Mountain Partners which valued the company at USD 2 billion post-money. In November 2021, the company acquired the bike-sharing service Nextbike.

Tier Mobility offers shared, light electric vehicles, including e-scooters,  e-bikes, and e-mopeds, powered by a proprietary energy network - TIER PowerBox. The company also offers mobility solutions for businesses. 

Tier mobility plans to invest in R&D in order to create further efficiency and for vehicle development. The company along with Nextbike also plans to offer their service in more than 400 cities worldwide with over 250,000 vehicles.

## Funding rounds

- Series D, Oct 25, 2021, $200M — Northzone, Mountain Partners, Novator, RTP Global, Speedinvest, White Star Capital, Kibo Ventures, M&G, SB Investment Advisers, Mubadala Capital
- Series C, Nov 30, 2020 — SOSV
- Series C, Nov 10, 2020, $250M — Northzone, Novator, RTP Global, Speedinvest, White Star Capital, Goodwater Capital, SB Investment Advisers, Mubadala Capital, AXA Group AG
- Series B, Dec 12, 2019, $40M — SOSV, RTP Global
- Series B, Oct 2, 2019, $60M — Northzone, MIC Capital, Point Nine, Speedinvest, Kibo Ventures, Goodwater Capital, Mubadala Capital, AXA Group AG, Market One Capital, Indico Capital, Evli Fund Management Company
- Series A, Oct 18, 2018, $29M — Northzone, Point Nine, Speedinvest, Kibo Ventures, Market One Capital, Indico Capital
- Seed, Aug 16, 2018, $2.3M — Point Nine, Speedinvest

## Investors

- Point Nine (https://capitalatlas.ai/funds/point-nine) — Seed, Series A, Series B
- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed, Series A, Series B, Series C, Series D
- Northzone (https://capitalatlas.ai/funds/northzone) — Series A, Series B, Series C, Series D
- Kibo Ventures (https://capitalatlas.ai/funds/kibo-ventures) — Series A, Series B, Series D
- Market One Capital (https://capitalatlas.ai/funds/market-one-capital) — Series A, Series B
- Indico Capital (https://capitalatlas.ai/funds/indico-capital) — Series A, Series B
- MIC Capital — Series B
- Goodwater Capital (https://capitalatlas.ai/funds/goodwater-capital) — Series B, Series C
- Mubadala Capital (https://capitalatlas.ai/funds/mubadala-capital) — Series B, Series C, Series D
- AXA Group AG — Series B, Series C
- Evli Fund Management Company (https://capitalatlas.ai/funds/evli-fund-management-company) — Series B
- SOSV (https://capitalatlas.ai/funds/sosv) — Series B, Series C
- RTP Global (https://capitalatlas.ai/funds/rtp-global) — Series B, Series C, Series D
- Novator (https://capitalatlas.ai/funds/novator) — Series C, Series D
- White Star Capital (https://capitalatlas.ai/funds/white-star-capital) — Series C, Series D
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series C, Series D
- Mountain Partners (https://capitalatlas.ai/funds/mountain-partners) — Series D
- M&G (https://capitalatlas.ai/funds/m-g) — Series D