Funding round
Dott Series A
Dott, which works in micromobility services in Netherlands, raised $29M in a Series A round announced on 24 Oct 2018, led by Northzone. 4 firms took part. It is Dott's first venture round on record.
$29M
Amount raised
25,000,000 EUR converted
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
Dott did not disclose a valuation in this round. It is Dott's first venture round on record, in the year it was founded (2018). It is 7.7% of the $374M Dott has raised in the venture rounds on record. Dott raised again 12 months later: a Series B round of $60M in Oct 2019. Its next priced round, a Series C in Nov 2020, valued it at $1.00B.
Dott's funding rounds
Dott has 5 venture rounds on record and 2 other deals. This one is highlighted.
- Series A this round 24 Oct 2018, led by Northzone $29M
- Other not a venture round 14 Dec 2018, led by EQT Ventures and Prosus $23M
- Series B 7 Oct 2019, led by Mubadala Capital and Goodwater Capital $60M
- Series C 10 Nov 2020, led by SoftBank Vision Fund $250M$1.00B post-money
- Bridge 28 Oct 2025 $17M
- Debt not a venture round 28 Oct 2025 $82M
- Series D 29 Oct 2025, led by EQT Ventures $17M
Investors
Who put money in
Northzone led the round with 3 other firms.
Lead investor
- backs 104 venture-backed companies
Also in the round
- backs 105 venture-backed companies
- Speedinvest backs 186 venture-backed companies
- backs 29 venture-backed companies
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion, scaling operations, hiring, product development, sales and marketing and working capital.
- Geographic expansion
- Scaling operations
- Hiring
- Product development
- Sales and marketing
- Working capital
Comparable rounds
How it compares
The closest in time: 2 in Bicycle Rental Services, then Series A rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Voi Bicycle Rental Services | 18 Nov 2018 | $50M | not disclosed | Balderton Capital |
| Bicycle Rental Services | 16 Jan 2018 | $10M | not disclosed | Menlo Ventures |
| Loans & Financing | 25 Oct 2018 | $225M | not disclosed | not named |
| Tech Companies | 23 Oct 2018 | $179M | not disclosed | Eclipse |
| Pharmaceutical Products | 14 Oct 2018 | $55M | not disclosed | not named |
| Tech Companies | 10 Oct 2018 | $54M | not disclosed | Versant Ventures and Forbion |
| Pharmaceutical Products | 11 Oct 2018 | $35M | not disclosed | not named |
| Pharmaceutical Products | 22 Oct 2018 | $33M | not disclosed | New Enterprise Associates |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Dott raise in its Series A round?
Dott raised $29M in its Series A round, announced in Oct 2018.
Who led Dott's Series A round?
Northzone led it, with Point Nine, Speedinvest and Kibo Ventures.
What was Dott's valuation at the Series A round?
It was not disclosed.
Did Dott raise again after this round?
Yes: a Series B round in Oct 2019 of $60M.