Lane

Lane

Workplace experience platform for office management

About Lane

Simplify's Rating
Why Lane is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Enterprise Software

Real Estate

Company Size

11-50

Company Stage

Late Stage VC

Total Funding

$13.5M

Headquarters

Toronto, Canada

Founded

2014

Overview

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.

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Simplify's Take

What believers are saying

  • 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.

What critics are saying

  • 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.

What makes Lane unique

  • 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.

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Funding

Total Funding

$13.5M

Below

Industry Average

Funded Over

3 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Company News

Business Wire
Oct 19th, 2021
VTS Announces Acquisition of Lane, Solidifying Its Position as Number One Tenant Experience Solution Globally

NEW YORK--(BUSINESS WIRE)--VTS, the commercial real estate industry’s (CRE) leading leasing, marketing, asset management, and tenant experience platform, today announced it has entered into an agreement to acquire Lane, the workplace experience platform used by several top landlords including Brookfield, Oxford, and Hines. With the acquisition, VTS has now invested hundreds of millions of dollars in tenant experience, more than all other proptech companies combined. The acquisition will strengt

The Wall Street Journal
Oct 19th, 2021
VTS acquires Join Lane

VTS, whose primary business is providing online tools to landlords for managing leases and tenant data, said it is buying Toronto-based Lane Technologies Inc.

Lane
Aug 23rd, 2021
Smith leaves Tophatmonocle Corp. as Vice President of People & Culture

Smith joins Lane from Top Hat, where she was Vice President of People & Culture and was a member of the executive team responsible for the build-out and scale-up of the People and PeopleOps function and led the pandemic planning and pivot to remote work across North America.

Lane
Apr 26th, 2021
mona networks inc. launches Work/Place

TORONTO, April 27, 2021 – Co-founders of the workplace experience platform, Lane, today launched Work/Place ( www.workplace.show ), a report and podcast series that explore the challenges and opportunities associated with the hybrid office.

Lane
Mar 29th, 2021
mona networks inc. launched app for Studio on Feb 28th 21'.

Most recently, Lane announced its creation of the new app for Studio, the flexible workspace offering from leading commercial real estate developer Tishman Speyer.

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