Lanes & Planes Receives €33.2 Million Investment

Lanes & Planes, a leading SaaS provider of corporate travel solutions in Europe, announced a €33.2 million Series B investment led by US-based investor Smash Capital. Veit Blumschein and Daniel Nolte are co-founders of Lanes & Planes. The investment round was joined by existing investors including Battery Ventures, coparion, DN Capital and All Iron. The investment will accelerate Lanes & Planes' growth and expansion efforts as we enter a period of increased business travel.

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Lanes & Planes

Lanes & Planes offers an "all-in-one" approach that integrates with all company systems and facilitates travel bookings, confirmations and expense management on a digital platform. It also has an in-house support team based in Germany, offering 24/7 service for any questions, issues or emergencies users may have. Founded in 2017, Lanes & Planes has become a prominent player in the European corporate travel industry, growing its revenue more than 9x since 2022. The company aims to expand its reach and further develop its innovative solutions tailored to corporate travel needs with the Series B investment.