Smartlane has successfully completed a second financing round. The investor is Freigeist Capital, the investment arm of Frank Thelen, Marc Sieberger, and Alex Koch. The investors from the seed round also remain on board, including the family office Ideenschaft Invest GmbH & Co. KG and the Mobility Fund.
The Munich-based startup Smartlane has set out to revolutionize the logistics industry. The company offers a comprehensive solution for logistics processes that automates transport planning and control, thereby contributing to cost and time savings. The software combines scenario-based transport simulation and self-learning optimization of all transport processes. This includes optimizing vehicle loading and adhering to delivery time windows, as well as enabling dynamic adjustments to all conditions on the road and at the customer's site.
Equip logistics with simple and intelligent solutions
The three Smartlane founders, Mathias Baur, Monja Mühling, and Florian Schimandl, know each other from their transportation research at the Technical University of Munich. Their clients so far include
the Metro and Mrs. Meyer's son. Co-founder Monja Mühling about the intention of Smartlane:
"We want to help meet the growing demands of transport and logistics with a simple and intelligent solution. With Smartlane, we support industry companies in reliably ensuring high service quality, increasing revenue, reducing costs, and relieving the burden on their own employees."
Following its first successful financing round in early 2017, the Munich-based startup is now able to raise additional investor capital. In addition to existing investors—Family Office Ideenschaft Invest GmbH & Co. KG and Mobility Fund—the Munich-based startup has also attracted Freigeist Capital.
“We greatly value the partnership with Baystartup”
Frank Thelen, Founder and CEO of Freigeist Capital explains how the investment came about:
"We became aware of Smartlane through Baystartup, and Smartlane is already the second company from our portfolio to be supported by Baystartup, following Air Up. We greatly value the partnership with Baystartup and hope to continue to get to know interesting and promising founding teams through the program in the future, and of course, to help the joint startups we have already partnered with achieve sustainable success and growth."
