PwC Legal advises Tier Mobility on current Series B Financing Round with a total funding of approx. 60m USD

Nuremberg, 8th October 2019

PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) has provided comprehensive legal advice to Tier Mobility GmbH on the current Series B Financing Round. This financing round was led by Mubadala Capital and Goodwater Capital. The company also welcomes AXA Germany and Evli Growth Partners as new investors. In addition, almost all existing investors invested again, including White Star Capital, Northzone, Speedinvest, Point Nine, Indico, Kibo Ventures, Market One Capital as well as selected business angels like Nico Rosberg. Tier Mobility GmbH will use the funds to accelerate its European expansion strategy and continue to build the leading micro-mobility platform for citizens, city authorities and public transportation partners.

Mubadala Capital is a global lifecycle investor representing one of the largest pools of capital globally.

Goodwater Capital is one of Silicon Valley’s leading Consumer Tech investors with longstanding track record of supporting founders build their businesses.

Since its financing round in February 2019, Tier Mobility GmbH has expanded operations to over 40 cities in 12 countries. As a result, Tier Mobility GmbH surpassed 10 million rides in just eleven months since launch. This makes Tier Mobility GmbH the fastest growing mobility company.

J.P. Morgan acted as financial advisor and placement agent in connection with the Series B Financing Round.

About PwC Legal Business Solutions:

In our global, rapidly changing business world, cooperation, restructuring, transactions, financing and social responsibility are topics that increasingly concern our clients. They need legal certainty for a wide range of complex tasks. That is why we advise them holistically and in close cooperation with PwC’s tax, human resources and finance experts and our international legal network in over 100 countries. Whether a globally active company, a public corporation or a wealthy private individual, every client has a personal contact at our firm who supports them responsibly in all matters of commercial law. In this way, we help our clients to secure their economic success in the long term.

PwC Legal Business Solutions in Germany. More than 300 lawyers at 18 locations. Integrated, tech-powered legal advice.

About PwC:

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 151 countries with over 364,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see for further details.

Press contact