Electric scooter rental company providing last-mile urban transportation

Tier Mobility

Led by
Lawrence Leuschner
Matthias Laug
Alex Gayer
Investment Date
March 2019
Sector
Consumer
Business Model
Commerce
HQ
Berlin
Status
Active
Team
Eric Martineau-Fortin
Matthieu Lattes
Pauline Studer
Initial Investment
Series A co-lead

E-scooters have one of the fastest rates of user adoption ever seen in the tech sector, with a global market expected to reach about $40bn to $50bn in revenue by 2025 including $12bn to $15bn in Europe. 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. We are proud to be backing this phenomenal early success that fully reflects our values and we will be delighted to keep supporting Tier in the next steps of its amazing journey

White Star

We are extremely pleased to have chosen White Star Capital to accompany us through our journey to disrupt the mobility sector. White Star Capital's unique combination of worldwide connections and ability to scale companies has proven instrumental in accelerating our growth and expanding our international footprint.

Lawrence Leuschner, Co-founder & CEO
Led by
Lawrence Leuschner
Matthias Laug
Alex Gayer
Investment Date
March 2019
Sector
Consumer
Business Model
Commerce
HQ
Berlin
Status
Active
Team
Eric Martineau-Fortin
Matthieu Lattes
Pauline Studer
Initial Investment
Series A co-lead