Dott

Dott

Shared urban electric scooters and bikes

Overview

Dott provides electric scooters and bikes for urban short trips in European cities. Users locate and unlock vehicles with a mobile app, then pay per ride with a per-minute rate, with optional monthly unlimited-ride subscriptions. The company partners with city governments to integrate its services into the urban transport network. Compared with some rivals, Dott concentrates on European markets, sustainability, and formal city collaboration. Its goal is to reduce traffic and pollution and to make cities cleaner and more livable.

Significant Headcount Growth

About Dott

Simplify's Rating
Why Dott is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Automotive & Transportation

Consumer Software

Social Impact

Company Size

501-1,000

Company Stage

Series D

Total Funding

$369.5M

Headquarters

Amsterdam, Netherlands

Founded

2018

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Simplify's Take

What believers are saying

  • Q2 2026 adjusted EBITDA reached €10.5 million, up €6.4 million year over year.
  • July 2026 revenue rose 8% like-for-like, while EBITDA reached €6.4 million.
  • Milan and West of England deployments added 9,000 vehicles and premium event demand.

What critics are saying

  • Dott narrowed FY2026 EBITDA guidance to €30-35 million because fleet deployment ran smaller.
  • Raoul Gatzen left in August 2026; the CFO search remains unresolved.
  • Cash was €10.3 million against €69.4 million borrowings in July 2026, tightening refinancing risk.

What makes Dott unique

  • Dott's 2024 TIER merger created scale across 400 cities and 21 countries.
  • Its 2026 fleet refresh deployed 45,000 vehicles, improving vehicle economics and rider experience.
  • Colchester's 2026 contract embeds mandatory parking, giving Dott tighter city-operating moats.

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Funding

Total Funding

$369.5M

Above

Industry Average

Funded Over

8 Rounds

Series D funding is typically for companies that are already well-established but need more funding to continue their growth. This round is often used to stabilize the company or prepare for an IPO.
Series D Funding Comparison
Below Average

Industry standards

$77M
$16.5M
Dott
$50M
Hello Fresh
$70M
Twilio
$80M
Handshake
$100M
Affirm

Benefits

186

Growth & Insights and Company News

Headcount

6 month growth

↑ 11%

1 year growth

↑ 11%

2 year growth

↑ 2%
West Bridgford Wire
Sep 25th, 2026
Nottinghamshire councillors back task force to tackle illegal e-bikes and e-scooters.

Nottinghamshire councillors back task force to tackle illegal e-bikes and e-scooters. 1:57 pm 25 Sep 2026 Updated: 1:57 pm 25 Sep 2026 Nottinghamshire councillors have backed a call for local authorities to have more involvement in tackling illegal e-bikes and e-scooters. Illegal e-bikes and e-scooters have been a growing topic of debate in recent years as more and more of the vehicles grace the country's streets and walkways. In the UK, private e-bikes are legal on public land as long as they are ridden by somebody over 14 years of age, have pedals that work to propel them, are not powered by the motor if travelling faster than 15.5mph and do not have a "continuous rated power output" of more than 250 watts. They also do not need to be registered, taxed or insured. Private e-scooters are classed as motor vehicles, cannot be insured and are illegal to ride on land which is not private, including roads, pavements and parks. The maximum speed for one is also 15.5mph, and government data estimates there are around 1.2 million in the UK - the majority being used illegally. Police force crackdowns on these illegal vehicles are growing, with data obtained through FOI requests recently revealing that 7,049 e-bikes were seized in the UK in the 12 months to May 19, compared with 3,858 in the same period before - an 83 per cent rise. The calls for tighter control over these vehicles have continued, with Nottinghamshire County Councillors voting unanimously on Thursday (September 24) to establish a multi-agency 'task force' to tackle the "menace" of the vehicles, while calling for "ambiguity" over the police's handling of them to be removed. Conservative councillor Keith Girling introduced a motion requesting that Nottinghamshire Police and the area's Crime Commissioner use their full and consistent powers to seize the illegal vehicles, that key hotspot data be conveyed, that relevant agencies "identify and act" on retailers, importers and suppliers of non-compliant vehicles, and that the council write to the government to review whether its current penalties and framework for them are a "sufficient deterrent". Cllr Girling said: "Residents are telling me about e-bikes and e-scooters being ridden at excessive speeds on pavements, through pedestrian areas, parks and playing fields. "And for some residents, particularly elderly people, people with disabilities and parents with young children, it isn't simply annoying, it's intimidation... They should not have to worry about being knocked down when walking through their local town." The motion comes after Nottinghamshire Police's Operation Wrangel to crack down on illegal electric bikes and scooters was launched in November 2025. Since then, the force has seized more than 60 e-bikes, one of which was found to be capable of reaching speeds of up to 72mph. Cllr Girling continued: "Imagine being hit by that. "This is not a bicycle being used in an ordinary sense; this is an illegal motor vehicle capable of travelling at motorway speeds." Cllr Mike Robertson (Ref), along with Cllr Richard Darrington (Ref), proposed an amendment to Cllr Girling's motion to "strengthen" the county's approach. Cllr Robertson proposed that a multi-agency 'task force' be set up to include borough and district councils, the County Council, Nottinghamshire Police and other stakeholders to tackle the "menace" of illegal vehicles, but also proposed "empowering" the police by "removing the ambiguity" from its seizure framework. He said: "I've not met a police officer who can look at an e-scooter or an e-bike and say, 'That's 250 watts, that's 15.5 miles per hour' - they can't do it, so they have to sink a huge amount of resources into getting a task force out onto the street, stop people and then test the bikes before they can then enforce against it. "These should be managed exactly like any other motor-powered vehicle. "If they're on the public highway, they should be registered, they should be taxed, they should be insured and the operator should be appropriately aged and appropriately licensed as per the DVSA requirements right now - that would stop it in its tracks." Cllr Neil Clarke (Con) recounted his experience of watching an e-scooter travelling at more than 30mph mount a pavement to avoid traffic on the road he was travelling on and called for them to have registration plates to better identify the vehicle and owner. The use of illegal bikes and scooters was called a "fast-growing epidemic" by Cllr Darrington, who said residents need a "solid platform" on which they can report the illegal use of these vehicles, whether it be a phone number or an email address. The debate around these illegal vehicles is separate from controlled electric vehicle operators. Dott, the company responsible for the city's e-scooters, introduced its first e-bikes on July 17 as a rival to operator Lime, which has provided the main cohort since 2023. Nottingham City Council, which works with the operators, specifies that both Dott and Lime are only permitted a maximum of 1,300 vehicles, scooters or bikes, in the city. By Lauren Monaghan, Local Democracy Reporter

PR Newswire
Aug 26th, 2026
Dott narrows FY 2026 guidance to $33.5-$39M adjusted EBITDA despite Q2 profit growth

Dott reported Q2 2026 net revenue of €47.5 million, up 3% year-on-year like-for-like excluding exited markets. The European micromobility company's adjusted EBITDA reached €10.5 million, an increase of €6.4 million year-on-year, with direct market contribution margin hitting 42%. Preliminary July results showed net revenue of €19.7 million, up 8% year-on-year like-for-like, with adjusted EBITDA of €6.4 million. The company narrowed its full-year 2026 adjusted EBITDA guidance to €30-35 million, citing a smaller-than-planned deployed fleet. Raoul Gatzen stepped down as CFO, with Chris Hadfield appointed as interim CFO whilst the company searches for a permanent replacement. Dott, formed through the 2024 merger of TIER and Dott, operates over 175,000 vehicles across 400 cities in 20 countries.

Micromobility.io
Jul 27th, 2026
Dott's Q2 revenue at €47M with 22% EBITDA margin.

Dott's Q2 revenue at €47M with 22% EBITDA margin. July 27, 2026 Micromobility america. The world's premiere mobility conference for small vehicles NOV 11-12, 2026 SAN FRANCISCO

PR Newswire
Jul 17th, 2026
Dott hits $22M adjusted EBITDA as new e-bikes and e-scooters boost unit economics

Dott, the European micromobility company, reported Q2 2026 adjusted EBITDA of €11 million, bringing its last 12 months adjusted EBITDA to €20 million. The company posted net revenue of €47 million, up 3% year-on-year like-for-like, excluding exited markets. The Amsterdam-based firm deployed 45,000 new vehicles during April and May, including 13,000 e-bikes and 32,000 e-scooters across Europe and the Middle East. Markets with new fleet saw revenue grow 19% year-on-year. Adjusted EBITDA margin reached 22% in the quarter, up 14 percentage points year-on-year, driven by improved vehicle economics and cost savings. Dott reaffirmed its full-year 2026 adjusted EBITDA guidance of €30-40 million.

PR Newswire
May 21st, 2026
Dott's Q1 2026 losses narrow to $4.5M as DMC more than doubles YoY

Dott, the European micromobility operator, reported first-quarter 2026 results showing improved profitability despite lower revenue. Net revenue fell 6% year-on-year to €28.4 million, though grew 1% on a like-for-like basis excluding market exits. Direct Market Contribution more than doubled to €5 million, with margins improving 10 percentage points to 18%. Adjusted EBITDA improved €4.8 million year-on-year to a loss of €4 million, reflecting stronger vehicle economics and 19% lower headquarters costs following restructuring. The company deployed 45,000 new vehicles in May and secured a €10 million revolving credit facility. Dott reaffirmed its full-year 2026 guidance of €30-40 million adjusted EBITDA as it focuses on demand-led growth following cost restructuring and unprofitable market exits.

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