Lane

Workplace experience platform for office management

Toronto, Ontario, Canada

About Lane

Lane provides a workplace experience platform that enhances the management of office operations and user interactions. The platform offers tools that give insights into how amenities are used and which events are popular, helping organizations make informed decisions to improve the workplace experience. Lane primarily serves commercial real estate owners, property managers, and corporate tenants, focusing on creating a sense of community among tenants as employees return to physical offices. Unlike competitors, Lane's platform includes features for flexible workspace management, allowing clients to adapt to changing work models. The company operates on a subscription-based model, providing a steady revenue stream while allowing clients to scale their usage. Lane's goal is to transform traditional offices into connected communities, ensuring a seamless experience for all users.

Toronto, CanadaHeadquarters
2014Year Founded
$13.5MTotal Funding
LATE_VCCompany Stage
Enterprise Software, Real EstateIndustries
11-50Employees

Risks

Integration challenges with VTS systems could disrupt Lane's operations.
Increased competition from platforms like HqO and Equiem may impact Lane's market share.
Potential data privacy concerns as Lane expands its data-driven offerings.

Differentiation

Lane offers a no-code platform for seamless workplace management and tenant engagement.
Lane's platform provides data-driven insights to optimize office space utilization.
Lane supports flexible workspace management, crucial for adapting to hybrid work models.

Upsides

Lane's acquisition by VTS strengthens its position in the tenant experience market.
Rising demand for hybrid work solutions aligns with Lane's flexible workspace features.
Lane's SaaS model ensures steady revenue and scalability for clients.

Funding

Total raised$13.47 M
Latest valuation$50.00 M
StageLATE_VC
SERIES A
4/30/2019
$2
$12.50 M
SEED
11/30/2018
$1
$5.00 M