| Founded | 2018 |
|---|---|
| Closed | 2024 |
| Country | Germany |
| Sector | Mobility |
| Total raised | €200M (SoftBank Vision Fund 2, Goodwater, Mubadala) |
| Collapse type | Fire Sale |
| Founder | Lawrence Leuschner |
TIER Mobility
"Europe's most-funded e-scooter startup raised €200M and merged with Dutch rival DOTT in a distressed deal when both ran out of runway."
Distressed acquisition below last-round valuation
Key Events Timeline
TIER Mobility raised €200M from SoftBank Vision Fund 2, Goodwater Capital, and Mubadala to build a profitable shared micro-mobility business across Europe.
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