Lane, Workplace Experience Platform raises $10 million for global expansion

“Lane is outperforming competitors in the market despite having a fraction of the funding and resources, which is a testament to the quality of the product and team,” said Bruce Croxon, Managing Partner at Round13 Capital.

Lane, Toronto based world’s leading workplace experience enterprise SaaS platform, today announced that it has raised $10 million in funding. The Series A round was led by Round13 Capital, with participation from previous investors Alate Partners and Panache Ventures. The funds will be used by Lane to accelerate its global expansion, double its 40-person team by the end of 2020, and deepen its focus on delivering a strong user experience to all members of the workplace.

Leveraging its proven experience in the Canadian commercial real estate market, Lane first announced its plans for expansion into the U.S. just over a year ago and has quickly grown to become the leader in workplace and tenant experience platforms, boasting the most commercial square feet under management both in the U.S. and globally.

“Workplace experience is one of the fastest growing markets in recent years,” said Clinton Robinson, CEO of Lane. “In the wake of COVID-19, there is even greater demand for a strong technology solution that can help property owners and operators orchestrate a safe and secure return to work, effectively manage building communications and operations, and make the workplace a seamless and engaging place to be. With this funding in place, we will be able to expand the reach of the Lane platform and deliver even greater benefit to all members of the workplace.”

Designed to transform the workplace into a thriving, connected ecosystem, Lane is an enterprise SaaS solution that integrates building systems into a single, centralized, and user-friendly digital platform. Lane 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 — using data to drive insights every step of the way.

Amid the current global health crisis, the Lane platform has been instrumental in coordinating a safe return to work. To ensure physical distancing, for instance, Lane enables employees to plan staggered days in the office and book specific arrival times using a centralized calendar. Lane similarly helps retailers manage the flow of shoppers into their stores by allowing Lane users to book specific time windows. An effective crisis management tool, the Lane platform also enables contactless elevator and building access control using QR codes which can be scanned from over six feet away.