Dott
“Can a consolidated European micromobility operator achieve durable profitability where US scooter giants couldn't?”
Founded2018
HQAmsterdam, Netherlands
FoundersHenri Moissinac, Maxim Romain
Total raised$200M+ (including €85M raised October 2025)
Latest roundSeries D Extension + Nordic Bond, October 2025
IndustryMobility / Micromobility
The story
Dott was founded in 2018 in Amsterdam as a shared e-scooter operator focused on responsible micromobility. After raising a $34M Series A in 2019, the company pursued an operations-first model differentiated from Bird/Lime. In 2024 it merged with TIER Mobility (Berlin) to form TIER-Dott, the largest micromobility operator in Europe at 250,000 vehicles across 400+ cities. In 2025 the combined entity consolidated on the Dott brand, hit EBITDA profitability, and raised €85M via Nordic bonds and equity to refinance debt and deploy 45,000 new vehicles.
Product timeline
2018
Founded in Amsterdam by Henri Moissinac and Maxim Romain· founding
2019
Raised $34M Series A led by EQT Ventures and Naspers· funding
2020
Launched ID verification trial in Lyon using Jumio· product
2024
Merged with TIER Mobility to form TIER-Dott, the European champion of micromobility· acquisition
2025
Raised €85M (Nordic Bond + Series D Extension); rebranded all TIER vehicles to Dott· funding
2025
First-time EBITDA profitable· milestone
2026
Partnership with Wolt across 8 European markets for last-mile delivery + micromobility integration· partnership
The stack
Payments / PSP
Accounting gap: none