Funding round
Dott Series C
Dott, which works in micromobility services in Netherlands, raised $250M in a Series C round announced on 10 Nov 2020, led by SoftBank Vision Fund, at a $1.00B post-money valuation. 8 firms took part, 6 of them already investors. It is Dott's third venture round on record; the one before was a Series B in Oct 2019.
$250M
Amount raised
$1.00B
Post-money valuation
8
Investors
1 lead
25%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Dott at $1.00B after the new money. The $250M bought investors about 25% of the company. It came 13 months after Dott's Series B. It is 67% of the $374M Dott has raised in the venture rounds on record. Dott raised again 59 months later: a Bridge round of $17M in Oct 2025.
Dott's funding rounds
Dott has 5 venture rounds on record and 2 other deals. This one is highlighted.
- Series A 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 this round 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
SoftBank Vision Fund led the round with 7 other firms. Mubadala Capital, Northzone, Goodwater Capital and White Star Capital and 2 more had backed Dott before.
Lead investor
- SoftBank Vision Fund backs 234 venture-backed companies new investor
Also in the round
- Mubadala Capital backs 61 venture-backed companies existing investor
- backs 104 venture-backed companies existing investor
- Goodwater Capital backs 162 venture-backed companies existing investor
- White Star Capital existing investor
- Novator existing investor
- backs 99 venture-backed companies existing investor
- backs 24 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to geographic expansion and scaling operations.
- Geographic expansion
- Scaling operations
Comparable rounds
How it compares
The closest in time: 2 in Bicycle Rental Services, then Series C rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Voi Bicycle Rental Services | 1 Dec 2020 | $160M | not disclosed | The Raine Group |
| Bicycle Rental Services | 30 Sep 2021 | $80M | not disclosed | Crescera Capital and PIPO Capital |
| TIER Car Rental | 10 Nov 2020 | $250M | $1.00B | SoftBank Vision Fund and Softbank |
| Farm Equipment | 16 Nov 2020 | $182M | not disclosed | Baidu Ventures and SoftBank Vision Fund |
| Current Banks & ATMs | 24 Nov 2020 | $131M | $750M | Tiger Global |
| Satispay Payment Processing & Point of Sale | 20 Nov 2020 | $110M | not disclosed | Square and Tencent |
| Carbon Health Health Care Services | 10 Nov 2020 | $100M | not disclosed | Dragoneer Investment Group |
| Chainalysis Tech Companies | 23 Nov 2020 | $100M | $1.00B | Addition |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Dott raise in its Series C round?
Dott raised $250M in its Series C round, announced in Nov 2020.
Who led Dott's Series C round?
SoftBank Vision Fund led it, with Mubadala Capital, Northzone, Goodwater Capital, White Star Capital and Novator and 2 more.
What was Dott's valuation at the Series C round?
$1.00B post-money.
Did Dott raise again after this round?
Yes: a Bridge round in Oct 2025 of $17M.