Recent events
Recent events tied to this brand in public sources.
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2022
Tier announces acquisition of Spin from Ford
Tier Mobility announced it was acquiring Spin from Ford, including Spin's 50,000 e-scooters and e-bikes. Ford will maintain a strategic investment in Spin, and Tier said it would maintain the Spin brand and organizational structure in North America.
2022
TIER acquires Spin from Ford
Ford sold its Spin subsidiary to TIER Mobility. The article reports the sale as completed but does not state when it occurred.
2022
Ford announces sale of Spin to Tier
Ford announced that it is selling its Spin electric scooter operation to Tier Mobility. Tier will take over Spin’s operations; the companies did not disclose the sale price, and Tier’s CEO said it was an all-stock deal.
2020
Tier Mobility announces acquisition of COUP's shared-moped assets
Tier Mobility announced that it had acquired COUP's shared-moped assets, including 5,000 Gogoro electric motorcycles and charging stations. The article says Tier could launch a related service in Berlin as early as May.
2019
Tier Mobility raises $60 million in Series B funding
Tier Mobility raised $60 million in a Series B funding round led by Mubadala Capital and Goodwater Capital, with participation from other investors.