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Lanes & Planes GmbH has raised $44.9M across 2 funding rounds.
Key people at Lanes & Planes GmbH.
Lanes & Planes GmbH has raised $44.9M in total across 2 funding rounds.
Lanes & Planes is a Munich-based company that provides comprehensive business travel management software. Its platform offers an end-to-end solution designed to streamline the entire corporate travel process, integrating functionalities for booking flights, hotels, and ground transportation with expense reporting and seamless financial system integration. This approach simplifies complex travel logistics for businesses and their employees, enhancing efficiency and control over travel expenditures.
Founded in 2017 by Veit Blumenschein and Daniel Nolte, Lanes & Planes emerged from the founders' prior experience in the travel sector. Both Blumenschein and Nolte met during their studies at RWTH Aachen University and previously collaborated on "from A to B," a travel-related venture that was subsequently acquired. This background provided them with a deep understanding of the inefficiencies in traditional business travel management, leading to the insight for a fully integrated digital solution.
The company's solutions are utilized by corporate clients seeking to optimize their business travel and receipt management processes. Lanes & Planes aims to eliminate fragmented systems and reduce administrative burdens for companies of various sizes, enabling respectful use of all resources. Its long-term vision centers on transforming corporate travel management into a highly efficient, user-friendly service, empowering organizations to better manage resources and improve the overall travel experience for their workforce.
Lanes & Planes GmbH has raised $44.9M across 2 funding rounds. Most recently, it raised $35.0M Lanes & Planes - Series B in October 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 17, 2023 | $35M Series B | Bradley Twohig | ALL Iron Ventures, Battery Ventures, Coparion, DN Capital | Announced |
| Mar 4, 2020 | $9.9M Series A | Itzik Parnafes | Connect Ventures, Nenad Marovac | Announced |
Key people at Lanes & Planes GmbH.
Lanes & Planes GmbH has raised $44.9M in total across 2 funding rounds.
Lanes & Planes GmbH's investors include Bradley Twohig, All Iron Ventures, Battery Ventures, coparion, DN Capital, Itzik Parnafes, Connect Ventures, Nenad Marovac.
Lanes & Planes GmbH is a Munich-based SaaS company providing an end-to-end digital platform for business travel management, covering booking, expense reporting, and financial integrations for corporate clients.[1][2][3] It serves businesses in the DACH region and beyond, solving inefficiencies in travel organization by streamlining processes from pre-trip planning to post-trip billing, enabling resource-efficient operations amid rising travel demands.[1][2] With over $45 million raised across Series A ($10-13 million in 2020) and Series B ($35 million in 2023), and more than 240 employees, the company has achieved prominent market position, hitting 100 customers by 2019 and accelerating digital features during the COVID-19 pandemic.[1][2][3]
Founded in 2017 by Veit Blumenschein and Daniel Nolte, who met at RWTH Aachen University, Lanes & Planes emerged from their prior B2C travel startup "From A to B," acquired by Tank & Rast before 2016.[1][2] Drawing on travel tech expertise, the duo identified gaps in corporate travel management and launched the Business Travel Portal in spring 2018, followed by expense management integration that summer.[2] Early traction included a financing round with business angels and Connect Ventures in 2017, reaching 100 customers by spring 2019, and a Series A round of $10-13 million in 2020 led by Battery Ventures, DN Capital, and Coparion.[1][2] The COVID-19 period drove further digitalization, culminating in a $35 million Series B in 2023 led by Smash Capital, with participation from Battery Ventures, Coparion, DN Capital, and All Iron.[1][2][3]
Lanes & Planes rides the wave of digital transformation in business travel, accelerated by COVID-19's push for contactless, efficient solutions amid hybrid work and recovering global mobility.[1][2] Timing aligns with surging corporate travel demand post-pandemic, where outdated manual processes yield to SaaS platforms integrating ERP and expense systems—key in Europe's DACH market with its dense business corridors.[2][3][5] Market forces like rising travel volumes, sustainability pressures, and AI-driven personalization favor its resource-efficient model, positioning it to influence the ecosystem by competing with giants like SAP Concur and enabling scalable B2B travel for SMEs and enterprises.[1]
Lanes & Planes is primed for pan-European expansion with Series B capital, targeting deeper ERP integrations and AI enhancements for predictive travel and sustainability tracking.[2][3] Trends like sustainable business travel, multimodal transport (lanes & planes), and embedded finance will shape its path, potentially growing via acquisitions or partnerships in a market projected to rebound fully by 2026.[1] Its influence may evolve from DACH leader to global contender, redefining efficient travel as progress enablers—building on its founding vision to revolutionize beyond mere A-to-B logistics.[2]
