Lane Raises $10m in Series A Funding

Funding Rounds

Summary

The company intends to use the funds to accelerate its global expansion, double its 40-person team by the end of 2020, and continue to develop the platform to improve the user experience. Founded in 2014 and led by Clinton Robinson, CEO, Lane provides a SaaS based enterprise solution that integrates building systems into a single, centralized, digital platform. It streamlines all aspects of day-to-day office life for tenants and property managers alike, from room bookings and guest registration to access control and communications to engaging with a building’s retailers and beyond. Its expansion into premier real estate across major cities is also being supported through a partnership with Convene, a provider of premium flexible-term office spaces and coworking locations. With clients such as Colliers, Hullmark, Dream, Atlas, and Kipling, Lane currently powers over 150 buildings across 15 major North American cities, including New York, Los Angeles, Houston, Dallas, San Francisco, Denver, Washington (DC), Toronto, Vancouver, Calgary, and Montreal.

$ Funding

$
Amount $28.0M Total raised
Date June 12, 2020 Announcement date
Investors - Lead investors
Company http://www.joinlane.com Funded company

Classifications

industries
Hospitality
applications
No applications detected

AskAI Classifications

Labels
No AI classifications detected

Linked Companies

Lane Technologies Inc
$10M to $25M