TIER Mobility

 

TIER Mobility is one of the leading micro-mobility providers in the world, in a mission to change mobility for good. They operate e-scooters currently in +50 cities in +12 countries, being the first European company to reach 10M rides since inception.

Mobility is – as it should – rapidly changing towards more sustainable solutions. Cities need carbon-neutral solutions and that is where TIER comes into the play. The company is all about sustainability and operational expertise, encoded deep in the company culture. Every detail is carefully planned and executed, leading to exceptionally fast growth with healthy unit economics.

Why we invested in TIER?

  • Fastest growing mobility company ever
  • Healthy unit economics and profitability in key markets in less than a year
  • Operational excellence throughout the whole company
  • Experienced founders with strong emphasis on execution
  • Concrete action towards carbon neutral world

 

Milestones

  • Founded 2018
  • Partnered 2019
  • Exited -
  • Founded Riku Asikainen