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.

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

Simplify Jobs

Simplify's Take

What believers are saying

  • Q1 2026 direct market contribution doubled to €5 million, lifting margins to 18%.
  • Colchester's expanded e-bike contract adds 500 parking locations and potential fleet growth to 1,000.
  • Half of 2025 trips used riding passes, supporting recurring revenue and higher rider frequency.

What critics are saying

  • Q1 2026 revenue fell 6% to €28.4 million, signaling weak underlying demand.
  • Floating Nordic bonds at Euribor plus 800 basis points pressure margins if rates stay elevated.
  • City permit changes can abruptly remove scooter revenue, as Colchester already ended the e-scooter trial.

What makes Dott unique

  • Dott operates 400+ cities across Europe and the Middle East, with app-based access.
  • Its custom e-bikes emphasize wide decks, double brakes, and stable urban riding.
  • The 2024 TIER merger created Europe's scale leader and €60 million annual savings.

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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

-2%

1 year growth

-2%

2 year growth

-12%
Micromobility.io
Mar 30th, 2026
Dott launches new fleet in bristol and bath.

Dott launches new fleet in bristol and bath. March 30, 2026 Micromobility europe. The world's premiere mobility conference for small vehicles JUN 2-3, 2026

Colchester City Council
Mar 26th, 2026
Colchester expands its popular e-bike scheme with Dott.

Colchester expands its popular e-bike scheme with Dott. Colchester is expanding its shared e-bike scheme with more bikes, mandatory parking, better infrastructure and new savings, making it easier and tidier for you to travel sustainably around the city. 26 March 2026 If you already use Colchester's shared e-bikes, or have noticed them around the city, you'll soon see some positive changes. Colchester City Council has agreed a new contract with Dott to expand and improve the e-bike scheme, as more people choose e-bikes as a practical, active way to get around. More than 800 Dott e-bikes are already available across Colchester, with around 1,900 people riding each week. Since the local e-scooter trial ended, most riders have naturally switched to e-bikes, and demand continues to grow. This new agreement is designed to build on what's already working for you. Under the new contract, Dott will continue running the service in Colchester, with the ability to increase the fleet to up to 1,000 e-bikes if demand continues to rise. Mandatory parking to keep streets clear From April, you'll start to see a fully mandatory parking system in place. This means that when you finish a journey, you'll need to park your e-bike in a designated parking location. More than 500 new parking locations will be introduced across the city. This will help keep pavements and public spaces clear and make day-to-day operation of the scheme tidier and more reliable for everyone. Reaching more parts of Colchester The e-bike scheme will expand into additional wards across the city, making it easier for you to find a bike where and when you need one. A seasonal e-bike service will also be introduced in Mersea, giving both residents and visitors a sustainable way to get around during the busier months. Better cycling infrastructure As part of the agreement, Dott will support improvements to cycling infrastructure across Colchester. This includes more designated parking bays, as well as future plans for on-street markings and bike corrals to make cycling around the city clearer and safer. Making e-bikes more affordable and supporting local businesses If you use e-bikes regularly, a new Cycle Saver option will be launched to help reduce the cost of frequent riding. The contract also strengthens partnerships with local businesses, supporting promotional activity and local economic benefits. Helping Colchester improve the scheme Colchester City Council and Dott want to hear from you as the scheme continues to develop. Mandatory parking will help reduce problems, but your feedback remains important. If you see an e-bike that has been parked irresponsibly, notice unsafe riding, or have suggestions new parking locations, you can contact Dott through the Dott app or by emailing [email protected]. Will e-scooters return? No. Colchester has chosen not to continue with the national e-scooter trial. Privately owned e-scooters remain illegal on public roads, and Colchester has no plans to reintroduce a rental scheme. By focusing on e-bikes, the council keeps local control and, through its partnership with Dott, helps ensure safe and responsible use. Cllr Andrea Luxford Vaughan, Portfolio Holder for Planning and Sustainable Development, said: "I'm pleased that the transition has been smooth and without a drop in service, as the majority of users have happily transferred to use the e-bikes instead of e-scooters. This decision puts Colchester in control of its active travel future. By focusing on e-bikes, we're supporting a cleaner, safer and more inclusive transport option for our residents. The new contract will help us build on what's already working - expanding into more areas, improving parking and supporting cycling infrastructure so that the scheme continues to meet local needs." Iqbal Ahmed, UKI Public Policy Director at Dott, said: "We're delighted to agree this new contract with Colchester City Council. It allows us to improve and expand the service by growing the fleet, introducing mandatory parking and extending the scheme into new areas. We're also looking forward to launching Cycle Saver, supporting local infrastructure and working with local partners, to make shared e-bikes an even more convenient and affordable option for Colchester."

PR Newswire
Feb 13th, 2026
Dott deploys 5,000 Segway Urban A200 e-bikes across Milan for 2026 Winter events

Segway is partnering with Dott, Europe's leading shared micromobility operator, to provide sustainable transportation during the Milan Winter events 2026. Dott has deployed 5,000 Segway Urban A200 e-bikes across Milan, establishing both companies as key contributors to the city's green mobility infrastructure. The Urban A200 features enhanced stability, improved battery performance for higher utilisation rates, and a versatile frame accommodating various rider heights. The model includes integrated phone charging and extended battery capacity based on operational insights and user feedback. Dott is also introducing the Champion Pass for €2.99 monthly, offering unlimited rides with the first five minutes costing €0.75. The partnership extends to Verona, where Dott operates an exclusively Segway-powered fleet for the events Closing Ceremony.

Silicon Canals
Oct 29th, 2025
Dott secures €85M for fleet upgrades

Amsterdam-based Dott has raised €85M through a €70M Nordic bond issue and a €15M Series D extension. The bonds, with a 4-year tenor and a floating rate of 3-month EURIBOR plus 800 basis points, will be traded on Nasdaq Stockholm. The funds will upgrade e-bikes and e-scooters, refinance debt, and support growth plans. Since merging with TIER in 2024, Dott has achieved €60M in annual cost savings and EBITDA profitability, serving over 400 cities in 21 countries.

Micromobility.io
Oct 28th, 2025
Dott Raises €85M for Expansion Plans

Dott raised €85 million in new funding, comprising €70 million in Nordic bonds and €15 million in preferred equity. The funds will expand its e-bike and e-scooter fleet, refinance debt, and support operations. Following a merger with TIER Mobility, Dott now operates in 400 cities and reported €250 million in annual revenue. The bond issuance, with a four-year tenure and interest based on the 3-month EURIBOR rate plus 8%, will be listed on Nasdaq Stockholm.

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