TIER
Financials
Estimates*
EUR | 2019 | 2020 |
---|---|---|
Revenues | 35.2m | 57.3m |
% growth | - | 63 % |
Profit | (57.6m) | (79.7m) |
% profit margin | (163 %) | (139 %) |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
€1.8m | Seed | ||
€30.4m | Series A | ||
$60.0m | Series B | ||
$40.0m | Series B | ||
$250m Valuation: $1.0b 25.8x EV/LTM Revenues | Series C | ||
* | €49.0m | Debt | |
$200m Valuation: $2.0b 31.8x EV/LTM Revenues | Series D | ||
* | N/A | N/A | Convertible |
* | N/A | Merger | |
Total Funding | $585m |
Recent News about TIER
EditTIER Mobility is a leading provider of sustainable urban transportation solutions, primarily offering e-scooters that are climate-neutral. The company operates in various cities across Europe, serving both individual consumers and corporate clients. TIER's business model revolves around providing easy-to-access, affordable mobility services through a user-friendly app, which allows users to locate, unlock, and ride e-scooters. Revenue is generated through ride fees and corporate partnerships. TIER collaborates with public and private organizations to rethink urban transportation and aims to reshape city landscapes by making mobility seamless and sustainable. The company is committed to being fully climate-neutral, addressing emissions from production, operations, and transportation.
Keywords: e-scooters, urban mobility, climate-neutral, sustainable transport, Europe, app-based service, corporate partnerships, seamless mobility, affordable rides, energy network.