Lanes & Planes has secured double-digit million euro funding from Spanish banking group BBVA. The agreement, which closed at the end of 2025, aims to drive further growth for the Munich-based company. BBVA provides growth capital to the startup, enabling a long-term financing horizon. The exact amount of the investment has not been disclosed.
Lanes & Planes positions itself as a leading provider of digital solutions for business travel and expense management in the mid-market segment. The company pursues a mission to consolidate complex travel and expense processes in a single CFO SaaS platform. The financing secures the necessary liquidity to implement ambitious growth targets for 2026 and beyond.
Digital platform for mid-market companies
Lanes & Planes offers a SaaS platform that completely digitalizes business travel – from booking to travel expense settlement and receipt management. Companies can reduce travel costs by up to 30 percent and automate workflows. At the same time, the platform supports a comfortable and secure travel experience as well as seamless expense management for employees.
Since its founding in 2017, the startup has received support from international investors such as Smash Capital, Battery Ventures, DN Capital, and Coparion. Today, over 1,500 companies from various industries, including Enpal, Personio, and the Edding Group, use Lanes & Planes for their business travel management.
CEO and co-founder Veit Blumschein explains:
“We are delighted about the partnership with BBVA and appreciate their strong confidence in our company. This financing is an important milestone that provides us with the financial flexibility to continue expanding our end-to-end solutions in 2026 and beyond. With a renowned international partner like BBVA at our side, we can focus on what we do best: revolutionizing business travel and expense management for mid-market companies across Europe.”
BBVA expands engagement in Germany
BBVA also emphasizes the strategic significance of the partnership. Donatella Callegaris, Head of Venture & Growth Lending at BBVA in Europe, says:
“At BBVA, we want to support innovative and ambitious companies with strong long-term potential, where technology is typically a central component of their value proposition. Lanes & Planes is a perfect example of the kind of company we are looking for. We are proud to have signed this financing agreement, which will support the company’s ambitious growth plans. BBVA wants to be a long-term financing partner for Lanes & Planes, and we are very much looking forward to collaborating with Veit, Daniel, and the team as well as their strong equity investors. For BBVA, this is already the second business deal in the German ecosystem.”
