About Lanes & Planes
Lanes & Planes is a company based in Munchen (Germany) founded in 2017 by Veit Blumschein.. Lanes & Planes has raised $45 million across 3 funding rounds from investors including AERTiCKET, Smash Capital and Battery Ventures. Lanes & Planes offers products and services including Lanes & Planes App, Expense Management System, and Booking Platform. Lanes & Planes operates in a competitive market with competitors including TravelPerk, Deem, Egencia, Tripeur and Spotnana, among others.
- Headquarter Munchen, Germany
- Founders Veit Blumschein
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Sectors
Travel & Hospitality
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Email
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Phone
*********
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Website
*********
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Social
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- Legal Name Lanes & Planes Gmbh
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$45 M (USD)
in 3 rounds
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Latest Funding Round
$35 M (USD), Series B
Oct 16, 2023
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Investors
AERTiCKET
& 6 more
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Employee Count
Employee Count
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Products & Services of Lanes & Planes
Lanes & Planes offers a comprehensive portfolio of products and services, including Lanes & Planes App, Expense Management System, and Booking Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Mobile app for booking and tracking business travel services
Platform for automating expense tracking and reimbursement processes
System for reserving flights, hotels, and rentals with integrations
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Funding Insights of Lanes & Planes
Lanes & Planes has successfully raised a total of $45M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $35 million completed in October 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $35.0M
- First Round First Round
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series B - Lanes & Planes | Valuation | Smash Capital | |
| Mar, 2020 | Amount | Series A - Lanes & Planes | Valuation | Battery Ventures | |
| Oct, 2018 | Amount | Seed - Lanes & Planes | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lanes & Planes
Lanes & Planes has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include AERTiCKET, Smash Capital and Battery Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on consumer internet, software, and technology companies
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Founded Year | Domain | Location | |
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Investments in technology companies are conducted globally by Battery Ventures.
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Founded Year | Domain | Location | |
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Venture capital funding for young German technology companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lanes & Planes
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lanes Planes
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lanes & Planes Comparisons
Competitors of Lanes & Planes
Lanes & Planes operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as TravelPerk, Deem, Egencia, Tripeur and Spotnana, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS-driven corporate travel management & booking engine platform
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| domain | founded_year | HQ Location |
Provider of corporate travel management solutions
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| domain | founded_year | HQ Location |
Corporate travel solutions are offered to business travelers worldwide.
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| domain | founded_year | HQ Location |
AI and cloud-driven corporate travel management solutions are provided.
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| domain | founded_year | HQ Location |
SaaS API-based travel ecosystem and management solutions are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lanes & Planes
Frequently Asked Questions about Lanes & Planes
When was Lanes & Planes founded?
Lanes & Planes was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Lanes & Planes located?
Lanes & Planes is headquartered in Munchen, Germany. It is registered at Munchen, Bayern, Germany.
Who is the current CEO of Lanes & Planes?
Veit Blumschein is the current CEO of Lanes & Planes. They have also founded this company.
Is Lanes & Planes a funded company?
Lanes & Planes is a funded company, having raised a total of $45M across 3 funding rounds to date.
What does Lanes & Planes do?
Lanes Planes was founded in 2017 in Munich, Germany, as a SaaS platform in the travel management sector. Travel services such as flights, trains, car rentals, and hotels are booked through travel agencies for corporate employees. Features encompass document management, analytics and statistics, cost calculators, expense tracking, and a mobile app for trip organization and information access.
Who are the top competitors of Lanes & Planes?
Lanes & Planes's top competitors include TravelPerk, Egencia and Deem.
What products or services does Lanes & Planes offer?
Lanes & Planes offers Lanes & Planes App, Expense Management System, and Booking Platform.
Who are Lanes & Planes's investors?
Lanes & Planes has 7 investors. Key investors include AERTiCKET, Smash Capital, Battery Ventures, coparion, and DN Capital.
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