Dott (formally TIER Mobility SE) is a Dutch-French[1] micromobility company based in Berlin, Germany[2] which was founded in January 2019.[3] 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.[4] 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.[5]

History

Dott was founded in September 2019 by the French Henri Moissinac and Maxim Romain. It had its Series A round of funding in 2019, raising €30 million[6] led by EQT Ventures and Naspers;[7] this was followed by a Series B round in April for $85 million, led by Sofina.[8]

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,[9] which will be available for rental use via an app.[10]

In 2024 they announced a merger with TIER Mobility.[11] The deal was closed on March 25th of 2024.[12] The merger ended up to use TIER's corporate entity as the legal entity and the legal HQ moving to Berlin from Amsterdam.[2]

References

  1. ^ "Dutch-French e-scooter startup Dott raises $85 million as it plans to roll out e-bikes". Retrieved 2022-04-17.
  2. ^ a b "Imprint". Dott. Retrieved 2024-11-05.
  3. ^ "Transparency register". Retrieved 2021-04-17.
  4. ^ "TIER and Dott merger completes".
  5. ^ O'Reilly, Gem (9 June 2021). "E-scooters 'not safe' without audible signals". BBC News. Retrieved 8 July 2021.
  6. ^ "Amsterdam-based Dott raises another €30 million to roll out its safe e-bikes and scooters". 4 July 2019. Retrieved 2021-04-17.
  7. ^ "Dott raises $34 million to build a sustainable scooter startup". 4 July 2019. Retrieved 2021-04-17.
  8. ^ "European e-scooter and micromobility startup Dott raises $85 million". 20 April 2021. Retrieved 2021-04-20.
  9. ^ 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.
  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.
  11. ^ "TIER and Dott to form the European champion of shared micro-mobility". Dott. Retrieved 2024-05-17.
  12. ^ "TIER and Dott merger completes". Dott. Retrieved 2024-05-17.
Allikas: https://en.wikipedia.org/wiki/Dott_(transportation_company)
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