Berlin-based Tier Mobility raises $200 million in Series D round

What is Tier Mobility?

Tier Mobility is a micromobility startup.

What does Tier Mobility do?

The startup offers a variety of shared, light electric vehicles, including e-scooters, e-bikes, and e-mopeds, that are powered by its own Energy Network and help communities lessen their reliance on automobiles.

Who owns Tier Mobility?

Tier Mobility was founded by Julian Blessin, Lawrence Leuschner, and Matthias Laug in 2018 under the legal name TIER Mobility GmbH.

How much has Tier Mobility raised?

Tier Mobility just closed their latest Series D funding round, raising $200 million. The company valuation went up to $2 billion, almost doubling compared to their valuation during the previous round C raised last year.

Who has invested in Tier Mobility?

Previous investors in the company SoftBank Vision Fund 2 co-led the latest funding round with UAE-based Mubadala Capital. Other existing investors are White Star Capital, Northzone, RTP Global, Speedinvest, and Novator. The funding also saw some new faces joining, like Mountain Partners and M&G Investments, bringing the total number of backers to twenty.

What domain name does Tier Mobility operate on?

Tier Mobility is operating on the Tier.app domain name. .app is a gTLD (generic top-level domain). The TLD is of interest due to its utility in regards to branding mobile, web, and other applications. At the time of our visit, the Tier.com matching name does not seem to have an active website on it.

Latest on Twitter

SB RSS