Lanes & Planes Raises $35M in Series B Financing


Lanes & Planes, a Munich, Germany-based software as a service (SaaS) provider specializing in B2B solutions for corporate travel in Europe, raised $35M in Series B funding.

The round was led by Smash Capital. Existing investors Battery Ventures, coparion, DN Capital and AllIron also participated.

The company intends to use the funds to accelerate its growth and expansion efforts.

Led by Veit Blumschein, and Daniel Nolte, Lanes & Planes is a SaaS provider specializing in efficient B2B solutions for corporate travel. The company takes care of travel booking, approvals, and expenses management, in a digital platform that offers integrations into all existing company systems. Additionally, Lanes & Planes features a Germany-based, in-house support team that is available around the clock for any user questions, issues or emergencies.