Proptech company Lane raises $2.5 mln in financing: REW


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Lane, a Toronto-based property technology company, has raised $2.5 million in financing, according to Real Estate Weekly and other media sources.

The round was backed by Alate Partners, Panache Ventures and Colliers Proptech Accelerator, managed by Techstars.

Founded in 2014 by CEO Clint Robinson and CPO Kofi Gyekye, Lane provides tenant engagement solutions geared to commercial office buildings. It will use the funds raised for new hires and U.S. market expansion, Real Estate Weekly said.

Alate, a Toronto-based strategic property technology platform, was launched last November with a $40 million seed-stage financing backed by Dream Unlimited and Relay Ventures.