D

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

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About Dott

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

Industries

Automotive & TransportationConsumer SoftwareSocial Impact

Company Size

501-1,000

Company Stage

Debt Financing

Total Funding

$369.5M

Headquarters

Amsterdam, Netherlands

Founded

2018

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Simplify's take

What believers are saying

  • Q3 2026 net revenue reached €55.6 million, returning to top-line growth.
  • Q3 2026 adjusted EBITDA hit €16.1 million, and full-year guidance narrowed to €30-32 million.
  • October 2026 Carlos Sanchez Arruti became CFO, signaling finance stabilization after restructuring.

What critics are saying

  • August 2026 Italy fined Dott €525,000 for Rome pass-access failures.
  • July 2026 CFO Raoul Gatzen departed; October 2026 replaced after interim finance leadership.
  • Dott still depends on city permits; losing Rome, Paris, or German licenses crushes utilization.

What makes Dott unique

  • March 2024 merger created Dott-TIER scale across 400 cities in 20 countries.
  • October 2026 fleet refresh lifted rides per vehicle 22% year over year.
  • Mandatory parking and e-bike contracts with cities like Colchester harden local operating advantages.

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Funding

Total Funding

$369.5M

Above

Industry Average

Funded Over

8 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison Coming Soon

Benefits

  • 186

Growth & Insights and Company News

6 month growth

-1%

1 year growth

10%

2 year growth

11%
PR Newswire
Oct 23rd, 2026
Dott posts first positive EBIT of $3.8M as Q3 net revenue hits $62.3M

Dott, the European shared micromobility operator, posted its strongest quarter yet in Q3 2026. Net revenue reached €55.6 million, returning to growth on a 22% rise in rides per vehicle year on year. Adjusted EBITDA hit €16.1 million, up €4.7 million. EBITDA grew 69% to €14.4 million, a 26% margin. EBIT turned positive for the first time, at €3.4 million. The results follow the deployment of 45,000 new vehicles in Q2. Dott says the new fleet will pay back its cost in under 18 months. The company expects full-year Adjusted EBITDA of €30-32 million, towards the lower end of its guidance. Carlos Sanchez Arruti joined as chief financial officer in October 2026.

PR Newswire
Sep 30th, 2026
Dott reports $195.8M revenue and $10.2M adjusted EBITDA for FY2025

Dott, Europe's shared micromobility operator, has published its FY2025 audited annual report, confirming key financial thresholds were met. The company reported total revenue of €173.3 million, up from €164.6 million the previous year, whilst adjusted EBITDA rose €1.7 million to €9.0 million. Cash and cash equivalents stood at €31.4 million, with property, plant and equipment decreasing to €65.0 million. PwC qualified the audit opinion regarding comparability with 2024 figures, citing €12.0 million in corrections following an ERP migration that couldn't be properly allocated due to limited access to historical records after post-merger restructuring. Dott was formed through the March 2024 merger of TIER and Dott, operating 175,000 vehicles across 400 cities in 20 countries.

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

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