Announced
Completed
Financials
Tags
Germany
software company
Software
Acquisition
Cross Border
Private
Minority
Private Equity
Venture Capital
Completed
Friendly
Single Bidder
Synopsis
Smash Capital, a later-stage investment firm, led a $35m round in Lanes & Planes, a SaaS provider specializing in efficient B2B solutions for corporate travel, with participation from Battery Ventures, coparion, DN Capital and AllIron. “We constantly get feedback, especially from our new customers, on how Lanes & Planes has made them more efficient, in terms of money saved, but also in the time they save from making internal administrative tasks less painful and smoother. We have built a compelling product that has resulted in incredibly customer loyalty, and now, we are in an excellent position to scale rapidly and efficiently in the European corporate travel market," Daniel Nolte, Lanes & Planes Co-Founder.
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