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TIER

tier.app

Founded Year

2018

Stage

Series D | Alive

Total Raised

$667.38M

Valuation

$0000 

Last Raised

$200M | 1 yr ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+10 points in the past 30 days

About TIER

TIER is a German urban mobility company that allows people to rent electric kick-scooters.

Headquarters Location

c/o WeWork Eichhornstr 3

Berlin, 10785,

Germany

+49 30 568 38651

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Research containing TIER

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned TIER in 2 CB Insights research briefs, most recently on Oct 13, 2021.

Expert Collections containing TIER

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

TIER is included in 5 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,201 items

S

Smart Cities

2,026 items

B

Bike & Scooter Tech

354 items

We define bike and scooter technology startups as companies working on shared vehicle networks, vehicle design, and charging infrastructure for bicycles, scooters, mopeds, and other compact vehicles for one to two passengers.

A

Auto & Mobility Tech

1,325 items

Companies developing battery electric vehicles (BEVs) and fuel cell vehicles (FCEVs) as well as companies working on improvements to battery design, building out charging infrastructure, and launching EV sharing services to help accelerate adoption.

M

Mobility-as-a-Service

560 items

Companies developing solutions to streamline the way people move themselves. Includes companies providing on-demand access to passenger vehicles and micromobility solutions as well as companies integrating multiple modes of transport, including public transit, into one service.

TIER Patents

TIER has filed 1 patent.

The 3 most popular patent topics include:

  • Oil wells
  • Petroleum production
  • Drilling technology
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/16/2021

2/8/2022

Valves, Petroleum production, Ion channels, Oil wells, Plumbing valves

Grant

Application Date

3/16/2021

Grant Date

2/8/2022

Title

Related Topics

Valves, Petroleum production, Ion channels, Oil wells, Plumbing valves

Status

Grant

Latest TIER News

E-Scooter Hiring Platform Tier Addresses Drunk Riding With New Update

Aug 26, 2022

Users will need to pass a sobriety test in order to be given access to a rental scooter. Aug 26, 2022 at 1:22pm ET By: Enrico Punsalang As popular as electric scooters are, there’s no denying that there’s a lack of regulation surrounding their use, especially when it comes to scooter rental platforms. Naturally, this comes with a lot of potential problems pertaining to safety. Tier is one of the world’s most popular scooter rental platforms, and has a presence in 148 cities across 16 countries, mostly in Europe and in some parts of the Middle East. Now, Tier has released a new safety feature to ensure riders renting their scooters are of sound mind and body to pilot one of these electric two-wheelers . The update was developed specifically to address the rising problems of drunk riding, wherein a number of accidents have been reportedly caused by such incidents. What makes things even better is that the app, where the sobriety test will be conducted, will direct those who fail the test to alternative means of transport. Riders using iOS can now access the test in several of Tier's operational cities. The test was designed in response to research done by the behavioral and insights consultancy firm InnovationBubble, and takes into account key motor functions affected by alcohol consumption. So, how does it work? Riders must match the angle of their phone with one shown on a screen in order to pass the test. This will be required of the rider three times within a predetermined time range. Riders can rent a Tier scooter if they complete all three screens in the specified time; else, they will be urged to use an alternate form of transportation. What makes things even better is that should you fail the test, Tier won’t just leave you stranded with no way home. By including links to cab services or public transportation options on the app's "fail screen," Tier intends to assist users who are deemed unfit to ride an e-scooter. To connect users directly to these services, the app could be integrated with a nearby taxi business and public transportation agency, for instance. This sobriety test is the most recent cutting-edge safety technology that Tier has added to its app to promote safe driving, and it comes after the company partnered with the ride-hailing app Free Now. More Fun On Two Wheels: ⠀

TIER Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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TIER Rank

TIER Frequently Asked Questions (FAQ)

  • When was TIER founded?

    TIER was founded in 2018.

  • Where is TIER's headquarters?

    TIER's headquarters is located at c/o WeWork, Berlin.

  • What is TIER's latest funding round?

    TIER's latest funding round is Series D.

  • How much did TIER raise?

    TIER raised a total of $667.38M.

  • Who are the investors of TIER?

    Investors of TIER include Northzone, White Star Capital, RTP Global, Speedinvest, Novator Partners and 17 more.

  • Who are TIER's competitors?

    Competitors of TIER include dott and 7 more.

Compare TIER to Competitors

Lime Logo
Lime

Lime is a shared electric vehicle company. The company provides short-term rentals of electric bikes and scooters on five continents. In addition, its services include Lime Access, an affordability program that provides discounted rides to those who qualify, Lime Hero, a community empowerment program that allows riders to round up the cost of their rides to support a community organization in their hometown, Lime Able, a program aimed at extending access to shared electric vehicles for persons with varying abilities, and insurance coverage with respect to its own activities and the key risks to riders arising from the use of Lime and JUMP vehicles. Lime was founded in 2017 and is headquartered in San Francisco, California.

VOI Logo
VOI

VOI is a Stockholm, Sweden-based company managing an on-demand fleet of electric scooters.

Cityscoot Logo
Cityscoot

Cityscoot is a Paris-based electric scooter rental scheme. Cityscoots require no keys, as subscribers simply receive a text message with a code that acts as a digital ignition. A smartphone application using sat-nav technology indicates the location of free bikes and their remaining battery life.

dott Logo
dott

dott is a micro-mobility company that offers green and affordable mobility solutions to cities and citizens via dockless shared eScooters and eBikes. The company was founded in 2018 and is based in Amsterdam, Netherlands.

oBike Logo
oBike

oBike is a Singapore-based mobile app that allows users to rent bikes for short distance commutes.

Felyx Logo
Felyx

Felyx is bringing shared electric scooters to the city of Amsterdam. Users can use their mobile phone with Felyx app to locate, book, and unlock an e-scooter. They can pick up and park the e-scooter everywhere in the city, and pay a fixed price of €0.30 per minute.

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