# Smartlane

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/smartlane

- Industry: Software
- Headquarters: Munich, Germany
- Website: www.smartlane.de
- Total disclosed funding: $7M
- Latest round: Series A (Dec 9, 2021)
- Investors on record: 5

## About

Smartlane GmbH offers advanced cloud-based software solutions focused on logistics and transportation, enhancing route planning efficiency for road freight companies through innovative artificial intelligence integration.Founded in 2015, Smartlane GmbH operates from Munich, Germany, specializing in AI-driven logistics software. The company has successfully closed four funding deals, with the most recent being a Series A round in December 2021, raising EUR 6.2 million from investors including F-LOG Ventures and JOVA Direkt Invest GmbH. Co-founders Florian Schimandl, Mathias Baur, and Monja Mühling have played pivotal roles in the company's strategic direction and development.Smartlane specializes in cloud-based software solutions for logistics and transportation companies, primarily optimizing route planning for the road freight sector. Their flagship product, Smartlane Transport Intelligence, utilizes artificial intelligence to automate and enhance pre-scheduling and route planning, seamlessly integrating with existing Transport Management Systems (TMS). This software significantly reduces operational workload and transportation costs, catering to a diverse clientele across Europe and North America.Smartlane operates on a subscription-based revenue model, providing tailored software solutions for transportation optimization. Their business transactions involve direct contracts with logistics firms utilizing the Smartlane Transport Intelligence platform. Clients receive a comprehensive package that includes ongoing software updates, customer support, and project assistance, with pricing reflecting the value-added services provided, aimed at fostering long-term partnerships and enhancing operational efficiencies in the logistics sector.In December 2021, Smartlane GmbH raised EUR 6.2 million in Series A funding aimed at expanding its team and accelerating product development. The company plans to further enhance its AI-based transport optimization solutions and intends to expand into new markets within Europe and North America by 2023, leveraging the recent funding to solidify its position in the logistics technology industry.

## Funding rounds

- Series A, Dec 9, 2021, $7M — Freigeist, MobilityFund, F-LOG Ventures, JOVA Direkt Invest GmbH
- Seed, Oct 7, 2019 — Freigeist, Vality Familien, MobilityFund
- Seed, Jun 1, 2016 — MobilityFund

## Investors

- MobilityFund (https://capitalatlas.ai/funds/mobilityfund) — Seed, Series A
- Freigeist (https://capitalatlas.ai/funds/freigeist) — Seed, Series A
- Vality Familien — Seed
- F-LOG Ventures (https://capitalatlas.ai/funds/f-log-ventures) — Series A
- JOVA Direkt Invest GmbH — Series A