Berlin-based TIER Mobility is acquiring 5,000 vehicles, as well as the charging infrastructure from Coup Mobility. TIER will enable the rental of e-mopeds in addition to the existing e-scooters in the TIER app.
Coup had operated a fleet of around 5,000 e-mopeds in Berlin, Paris and Madrid.
At the end of November 2019, Coup announced that the service would be discontinued.
Lawrence Leuschner, CEO and Co-founder of TIER Mobility, says: “This is a great story for TIER and a very important step in building a multimodal platform. We have gained valuable experience with e-scooters and can now use this effectively in the field of e-mopeds. Many customers want a slightly faster vehicle for medium distances of 4 to 10 kilometres. Now we can now offer these people a very good deal with high-quality vehicles.”
Earlier this year it extended its Series B funding round to in excess of $100 million.
The company started its operations in October 2018 and is now operating in 55+ cities across 11 markets.