Company type | Private |
---|---|
Industry | Corporate Travel Management |
Founded | 2017 |
Headquarters | München Germany |
Website | lanes-planes |
Lanes & Planes is a Munich-based software company that provides business travel management solutions. The company offers a platform designed to streamline booking, expense reporting, and financial system integration for corporate clients. Lanes & Planes has received over $45 million in funding to support the development and expansion of its services.
History
Lanes & Planes is a software company based in Munich, Germany, specializing in business travel management solutions. The company was founded in 2017 by Veit Blumenschein and Daniel Nolte. The founders, who met during their studies at RWTH Aachen University, previously collaborated on a travel-related venture called "from A to B," which was later acquired by Tank & Rast [de].
The company developed a platform designed to streamline booking, expense reporting, and financial system integration for corporate clients. In 2020, Lanes & Planes secured a $10 million Series A funding round. In a subsequent Series B round, the company raised $35 million, led by Smash Capital with contributions from Battery Ventures, Coparion, DN Capital, and All Iron.
During the COVID-19 pandemic, Lanes & Planes accelerated the digital transformation of its processes to adapt to the changing travel managementlandscape.
See also
References
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- "Deutsches Team berät Lanes & Planes bei Series B Finanzierungsrunde in Höhe von $ 35 Millionen | Deutschland | Global law firm | Norton Rose Fulbright". www.nortonrosefulbright.com. Retrieved 2024-08-05.
- Marzo, Stefano De (2023-10-16). "Munich-based Lanes & Planes takes off with €33.2 million Series B to fuel growth in corporate travel sector". EU-Startups. Retrieved 2024-08-05.
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- "Warum Travel Manager keine Angst vor der Digitalisierung haben sollten" (in German). Retrieved 2024-07-22.