About Lano
Lano is a company based in Berlin (Germany) founded in 2018.. Lano has raised $16.56 million across 4 funding rounds from investors including OurCrowd, TX Group and TX Ventures. The company has 26 employees as of December 31, 2021. Lano offers products and services including Global Payroll, Employer of Record, and Contractor Management. Lano operates in a competitive market with competitors including Deel, Globalization Partners, Velocity Global, Multiplier and Worksome, among others.
- Headquarter Berlin, Germany
- Employees 26 as on 31 Dec, 2021
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Sectors
Technology
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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 Lano Software 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
$16.56 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
OurCrowd
& 8 more
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Employee Count
26
as on Dec 31, 2021
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Products & Services of Lano
Lano offers a comprehensive portfolio of products and services, including Global Payroll, Employer of Record, and Contractor Management. 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.
Platform for automating and consolidating international payroll
Service to hire talent in new countries without local entities
System for managing and paying remote contractors globally
Funding Insights of Lano
Lano has successfully raised a total of $16.56M across 4 strategic funding rounds. 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 4
- Last Round Last Round
- First Round First Round
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Seed - Lano | Valuation | TX Ventures | |
| Mar, 2023 | Amount | Seed - Lano | Valuation |
investors |
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| Mar, 2022 | Amount | Seed - Lano | Valuation | OurCrowd , Atlantic Labs |
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| 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 Lano
Lano has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include OurCrowd, TX Group and TX 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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Early-stage investments are made in Fintech and related sectors by TX Ventures.
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Founded Year | Domain | Location | |
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Tech focused VC firm investing in early stage companies in Germany
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Founded Year | Domain | Location | |
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Seed X is focused on funding early-stage financial startups.
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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 Lano
| 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 - Lano
| 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 |
Lano Comparisons
Competitors of Lano
Lano 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 Deel, Globalization Partners, Velocity Global, Multiplier and Worksome, 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 |
Cloud-based HRMS solutions are delivered for enterprise compliance and payroll.
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| domain | founded_year | HQ Location |
Global teams are hired via AI platform without subsidiaries.
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| domain | founded_year | HQ Location |
Cloud-based HRMS platform is provided for enterprise workforce management.
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| domain | founded_year | HQ Location |
Cloud-based SaaS management solutions are offered by Multiplier.
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| domain | founded_year | HQ Location |
Hiring, contracts, and payroll are automated for external workforce management.
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| domain | founded_year | HQ Location |
Cloud-based HRMS platform for hiring, payroll, and onboarding is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Lano
Frequently Asked Questions about Lano
When was Lano founded?
Lano was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Lano located?
Lano is headquartered in Berlin, Germany. It is registered at Berlin, Berlin, Germany.
Is Lano a funded company?
Lano is a funded company, having raised a total of $16.56M across 4 funding rounds to date. The company's 1st funding round was a Seed of $16.56M, raised on Apr 24, 2020.
How many employees does Lano have?
As of Dec 31, 2021, the latest employee count at Lano is 26.
What does Lano do?
Lano was founded in 2018 and is based in Berlin, Germany. A cloud-based platform is provided for contingent workforce management within the HR technology sector. Remote workers and service providers are sourced, networked, and overseen by users. Payroll processes are supported through integrated tools. Features encompass SMS notifications, multi-level workflows, electronic signatures, compliance audits, and internal approvals. Operations follow a subscription-based model.
Who are the top competitors of Lano?
Lano's top competitors include Deel, Globalization Partners and Velocity Global.
What products or services does Lano offer?
Lano offers Global Payroll, Employer of Record, and Contractor Management.
Who are Lano's investors?
Lano has 9 investors. Key investors include OurCrowd, TX Group, TX Ventures, Atlantic Labs, and Session.