Skip To Content
Commerce

Tier Mobility

Last-mile micromobility platform focused on sustainability

  • Lawrence Leuschner, CEO
  • Berlin, Germany
Visit Website
  • March 2019
  • Current
  • Series A

The Investment

E-scooters have one of the fastest rates of user adoption ever seen in the tech sector.

However, this significant disruption has faced much criticism related to road safety, sidewalk congestion, their suspected short lifetime and potential damage to the environment.

Here comes Tier Mobility, which has established itself as a European leader in the field of micro-mobility and has built a sustainable model in every aspect of its business – from its e-scooter models, to predictive maintenance algorithm, to key partnerships with public and clean transportation areas.

Why We Invested

White Star Capital is proud to be co-leading Tier’s $60m Series B

Eric Martineau-FortinMatthieu LattesPauline Studer

Tier’s exponential growth could only have been achieved by the unique and sustainable model that CEO Lawrence Leuschner and his team set up, from mastering their own operations, to signing key partnerships with top players in the public and clean transportation areas. We are extremely proud to continue supporting Tier’s initiative and are delighted to welcome the new investors onboard, who will bring invaluable and complementary expertise, and who have recognized Tier, not only as the leading European e-scooter company, but more importantly, as the next leading European mobility service provider.

Read the post

In the News

SoftBank jumps into e-scooters with $250m Tier Mobility deal

Tier on Tuesday said SoftBank’s second Vision Fund had led a $250m investment in the company, which has pioneered a novel model of swappable batteries and local charging networks that investors say has enabled it to operate profitably, even when usage was hit by lockdowns. The investment valued the start-up just below $1bn, including the new funds raised, said people briefed on the terms, allowing it to overtake Lime to become the second-most valuable e-scooter company after Bird.

Want to learn more about our investments?

Back to All Companies

Subscribe to
our newsletter

We don't support Internet Explorer

Please use Chrome, Safari, Firefox, or Edge to view this site.