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TIER - About the company

TIER is a series D company based in Berlin (Germany), founded in 2018 by Lawrence Leuschner and Lawrence Leuschner. It operates as an Operator of shared electric scooters and bicycles for urban transit. TIER has raised $660M in funding from investors like Northzone, Mubadala and SoftBank Vision Fund, with a current valuation of $2B. The company has 150 active competitors, including 15 funded and 10 that have exited. Its top competitors include companies like Lime, Revel and VeoRide.

Company Details

Operator of shared electric scooters and bicycles for urban transit. The vehicles are available for short term rental to facilitate movement within metropolitan areas. The service provides access to motorized personal transport options through a digital interface. Maintenance and fleet management are handled internally to support vehicle availability.
Website
tier.app
Social
XFacebook
Email ID
*****@tier.app
Phone Number
+49 **********
Part Of
Registered Address
c/o WeWork Eichhornstr. 3, 10785 Berlin
Key Metrics
Founded Year
2018
Location
Berlin, Germany
Stage
Series D
Total Funding
$660M in 11 rounds
Post Money Valuation
$2B as on Oct 25, 2021
Investors
Ranked
Employee Count
413 as on May 31, 2026
Investment & Acquisitions
Similar Companies
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TIER's funding and investors

TIER has raised a total funding of $660M over 11 rounds. Its first funding round was on 2018. Its latest funding round was a Conventional Debt round on Oct 25, 2021 for an undisclosed amount. 3 investors participated in its latest round. TIER has 29 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of TIER:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 25, 2021
Undisclosed
Conventional Debt
-
-
-
Oct 25, 2021
$200M
Series D
$2B
-
Jun 02, 2021
$60M
Conventional Debt
-
-
-
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TIER's founders and board of directors

Founder? Claim Profile
The founders of TIER are Lawrence Leuschner and Lawrence Leuschner. Lawrence Leuschner is the CEO of TIER.
Here are the details of TIER's key team members:

TIER's Board of Directors

TIER's board has 2 active members. Lawrence Leuschner and Julian Blessin are part of team.
Here is the list of TIER's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
8y 1m
Team
-
Current
8y 1m

TIER's employee count trend

TIER has 413 employees as of May 26. Here is TIER's employee count trend over the years:
Employee count trend for TIER
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TIER's Competitors and alternates

Top competitors of TIER include Lime, Revel and VeoRide. Here is the list of Top 10 competitors of TIER, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lime
Lime
2017, San Francisco (United States), Public
App-based rental platform providing self-drive electric kick-scooter
$1.4B
84/100
2nd
Logo for Revel
Revel
2018, Brooklyn (United States), Series B
App-based rental platform for electric scooters
$159M
71/100
3rd
Logo for TIER
TIER
2018, Berlin (Germany), Series D
Operator of shared electric scooters and bicycles for urban transit
$660M
67/100
4th
Logo for VeoRide
VeoRide
2017, West Lafayette (United States), Series A
App-based platform offering multi-category electric vehicle rental services
$16M
66/100
5th
Logo for OK Mobility
OK Mobility
2004, Palma (Spain), Unfunded
Online platform offering multi-category vehicle rental services
-
-
59/100
6th
Logo for Reby
Reby
2018, Barcelona (Spain), Acquired
Provider of electric two-wheeler rental services
$17.9M
58/100
7th
Logo for Nexus Vehicle Rental
Nexus Vehicle Rental
2000, Leeds (United Kingdom), Acquired
Provides vehicle rental management software for businesses
-
57/100
8th
Logo for Urent
Urent
2016, Moscow (Russia), Series B
Operator of shared use scooters and bicycles for urban transport
$42.6M
55/100
9th
Logo for Lokki
Lokki
2019, Grenoble (France), Series A
Digital marketplace connecting customers with rental providers for bikes, e-bikes and more
$7.01M
55/100
10th
Logo for Helbiz
Helbiz
2016, New York City (United States), Public
App-based platform offering multi-category two-wheeler sharing services
$8M
55/100
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TIER's Investments and acquisitions

TIER has acquired 3 companies including Fantasmo, Makery and Pushme. TIER has not made any investments as of now.
Here is the list of its acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Mar 30, 2022
Acquisition
2014
Los Angeles (United States)
Apr 08, 2021
Acquisition
2015
Budapest (Hungary)
Jan 2020
Acquisition
2016
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Reports related to TIER

Here is the latest report on TIER's sector:

News related to TIER

lockFilter this list
Media has covered TIER for 1 event in last 1 year, It was about partnerships.
•
Dott and Wolt Join ForcesDott•Apr 22, 2026•Dott, Wolt, TIER
•
TIER rebrands to Dott after merger: Know moreSilicon Canals•Oct 01, 2024•TIER
•
•
•
Tier Mobility’s Merger with DottGlobal Legal Chronicle•Jan 19, 2024•Dott, TIER
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FAQs about TIER

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