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Dott (formally TIER Mobility SE) is a European micromobility company based in Berlin, Germany[1] which was founded in January 2019.[2] In January 2024, TIER and Dott announced the closing of a financial transaction to merge the two companies. With revenues of €250m, supporting over 125M trips a year in more than 20 countries, the newly combined business creates the European champion of shared micro-mobility.[3] Dott is one of the three companies that are authorized to operate rentals of electric scooters in London during a one year trial of the use of e-scooters.[4]
 | |
| Company type | Private |
|---|---|
| Industry | Micromobility |
| Founded | 7 January 2019 Amsterdam, North Holland, The Netherlands |
| Founder | Henri Moissinac, Maxim Romain |
| Headquarters | Berlin, Germany |
Area served | Europe, Middle East |
Number of employees | ca. 300 (April 2021) |
| Website | ridedott |
History
editDott was founded in September 2019 by Henri Moissinac and Maxim Romain. It had its Series A round of funding in 2019, raising €30 million[5] led by EQT Ventures and Naspers;[6] this was followed by a Series B round in April for $85 million, led by Sofina.[7]
The company was selected along with companies TIER and Lime to participate in a year-long trial of the use of e-scooters as a method of transportation in London. It will deploy up to 6,600 scooters there during the course of the trial,[8] which will be available for rental use via an app.[9]
In 2024 they announced a merger with TIER Mobility.[10] The deal was closed on March 25th of 2024.[11] The merger ended up to use TIER's corporate entity as the legal entity and the legal HQ moving to Berlin from Amsterdam.[1]
References
edit- ^ a b "Imprint". Dott. Retrieved 2024-11-05.
- ^ "Transparency register". Retrieved 2021-04-17.
- ^ "TIER and Dott merger completes".
- ^ O'Reilly, Gem (9 June 2021). "E-scooters 'not safe' without audible signals". BBC News. Retrieved 8 July 2021.
- ^ "Amsterdam-based Dott raises another €30 million to roll out its safe e-bikes and scooters". 4 July 2019. Retrieved 2021-04-17.
- ^ "Dott raises $34 million to build a sustainable scooter startup". 4 July 2019. Retrieved 2021-04-17.
- ^ "European e-scooter and micromobility startup Dott raises $85 million". 20 April 2021. Retrieved 2021-04-20.
- ^ Whitlock, Robin (10 June 2021). "Dott launches e-scooters on the streets of London". Renewable Energy Magazine. Archived from the original on 2021-06-10.
- ^ "E-scooter trial launches in London, but riders may 'race against clock' with pay per minute fee". inews.co.uk. 2021-06-07. Retrieved 2021-07-08.
- ^ "TIER and Dott to form the European champion of shared micro-mobility". Dott. Retrieved 2024-05-17.
- ^ "TIER and Dott merger completes". Dott. Retrieved 2024-05-17.
