TIER Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 537

Employees

  • Latest Deal Type
  • Series C

  • Investors
  • 2

TIER General Information

Description

Operator of a shared micro-mobility company intended to provide sustainable transportation options. The company offers easily accessible and affordable mobility services by partnering up with municipalities, public and private organizations, and other transportation providers while reducing emissions linked to charging and including production, operational, and transportation emissions to improve urban travel, helping users reduce their dependence on cars and have access to sustainable mobility options

Contact Information

Website
www.tier.app
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Venture Capital-Backed
Corporate Office
  • Care of Mindspace
  • Friedrichstraße 68
  • 10117 Berlin
  • Germany
+49 030
Primary Industry
Automotive
Other Industries
Application Software
Parent Company
Dott
Vertical(s)
CleanTech, Mobility Tech, Climate Tech, Micro-Mobility, Impact Investing
Corporate Office
  • Care of Mindspace
  • Friedrichstraße 68
  • 10117 Berlin
  • Germany
+49 030

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TIER Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
13. Later Stage VC (Series C) 19-Apr-2024 Completed Generating Revenue
12. Merger/Acquisition 26-Mar-2024 Completed Generating Revenue
11. Merger/Acquisition 16-May-2023 Cancelled Generating Revenue
10. Later Stage VC (Series C2) 01-Mar-2022 Completed Generating Revenue
9. Secondary Transaction - Private Completed Generating Revenue
8. Later Stage VC (Series C1) 27-Dec-2021 Completed Generating Revenue
7. Later Stage VC (Series D) 01-Nov-2021 Completed Generating Revenue
6. Debt - General 02-Jun-2021 Completed Generating Revenue
5. Later Stage VC (Series C) 10-Nov-2020 $250M $416M Completed Generating Revenue
4. Early Stage VC (Series B) 10-Jun-2020 $118M $166M Completed Generating Revenue
To view TIER’s complete valuation and funding history, request access »

TIER Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a shared micro-mobility company intended to provide sustainable transportation options. The company offers e
Automotive
Berlin, Germany
537 As of 2023

San Francisco, CA
 

Beijing, China
 
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TIER Competitors (20)

One of TIER’s 20 competitors is Lime, a Venture Capital-Backed company based in San Francisco, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Lime Venture Capital-Backed San Francisco, CA
DiDi Global Formerly PE-Backed Beijing, China
Cabify Venture Capital-Backed Madrid, Spain
Nextbike Private Equity-Backed Leipzig, Germany
Curb Mobility Private Equity-Backed Long Island City, NY
You’re viewing 5 of 20 competitors. Get the full list »

TIER Patents

  • 35

    Total Documents Applications and Grants

  • Total Patents Families

  • 24

    Granted

  • 6

    Pending

  • Expiring in next 12 mo

TIER Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-221542-S Battery (part of-) Active 20-Jan-2022
DE-102022101184-A1 Battery mounting latch Pending 19-Jan-2022
EP-4173936-A1 Handlebar Inactive 29-Oct-2021
EP-4147954-A1 Battery lock Inactive 10-Sep-2021
EP-4147955-A1 Vehicle Inactive 10-Sep-2021 B60R25/021
To view TIER’s complete patent history, request access »

TIER Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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TIER Former Investors (34)

Investor Name Investor Type Holding Investor Since Participating Rounds
10X Group Venture Capital Minority
11k Ventures Venture Capital Minority
AXA Corporation Minority
Allied Investors Group PE/Buyout Minority
Blue Impact Ventures Impact Investing Minority
You’re viewing 5 of 34 investors. Get the full list »

TIER Investments & Acquisitions (8)

TIER’s most recent deal was a Early Stage VC with Bonnet (Bristol) for . The deal was made on 13-Mar-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Bonnet (Bristol) 13-Mar-2023 Early Stage VC Automotive
Fantasmo 31-Mar-2022 Merger/Acquisition Information Services (B2C)
Spin (Automotive) 02-Mar-2022 Merger/Acquisition Automotive
Vento Mobility 14-Dec-2021 Merger/Acquisition Automotive
Nextbike 15-Nov-2021 Merger/Acquisition Application Software
You’re viewing 5 of 8 investments and acquisitions. Get the full list »

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TIER Affiliates

Subsidiaries (2)

Name Industry Location Year Founded
Tier Operations London, United Kingdom 2020
Pushme London, United Kingdom 2016

TIER FAQs

  • When was TIER founded?

    TIER was founded in 2018.

  • Where is TIER headquartered?

    TIER is headquartered in Berlin, Germany.

  • What is the size of TIER?

    TIER has 537 total employees.

  • What industry is TIER in?

    TIER’s primary industry is Automotive.

  • Is TIER a private or public company?

    TIER is a Private company.

  • What is TIER’s current revenue?

    The current revenue for TIER is .

  • How much funding has TIER raised over time?

    TIER has raised $676M.

  • Who are TIER’s investors?

    10X Group, 11k Ventures, AXA, Allied Investors Group, and Blue Impact Ventures are 5 of 34 investors who have invested in TIER.

  • Who are TIER’s competitors?

    Lime, DiDi Global, Cabify, Nextbike, and Curb Mobility are some of the 20 competitors of TIER.

  • When was TIER acquired?

    TIER was acquired on 19-Apr-2024.

  • Who acquired TIER?

    TIER was acquired by Dott and Bolt.

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