Mews Secures Main Funding to Cement Industry Management and Redefine Hospitality Management
Fresh York – Mews, the leading hospitality technology platform, this day launched it has raised $75 million, led by Tiger Global, a renowned global funding company, alongside present investors, Kinnevik, Development Fairness at Goldman Sachs Choices and Battery Ventures.
This funding strengthens Mews’ leadership in hospitality, fueling its expansion in the U.S. and DACH, accelerating platform innovation with AI-powered revenue administration capabilities, and driving strategic acquisitions.
Mews skilled unprecedented global improve throughout 2024. The company grew at over 50% yr-on-yr, processed over $10 billion in funds volume, and generated over $200 million in revenue. Mews signed marquee possibilities, at the side of BWH Accommodations, accomplished the acquisition of Atomize, and reached a ambitious 20% market penetration in the DACH space.
Basically the most trendy funding marks a pivotal second in Mews’ expansion intention, with a level of interest on accelerating its improve in the U.S. – one of many most dynamic hospitality markets. Mews continues to capture market half and lengthen its footprint across North The US, and most trendy milestones contain:
- 2x revenue in North The US yr-on-yr
- 2x the amount of hospitality producers the utilization of Mews and welcoming forward-thinking producers at the side of Lark Accommodations, BWH Accommodations and Weekender
- Better than doubled the amount of rooms and spaces managed via Mews, rapid outpacing about a of the most established PMS avid gamers in the U.S.
Additionally, the funding will mosey up Mews’ R&D efforts, fuelling innovation that addresses the evolving wants of the trendy hospitality landscape. By consistently investing in technology, Mews is shaping the long inch of hospitality administration, providing unparalleled scalability, automation, and operational intelligence for about a of the most though-provoking hospitality producers in the sphere.
It became as soon as certain to us that Tiger Global is a compelling companion for the next chapter of our hunch. Their skills with excessive-improve technology companies and category winners in the U.S., at the side of Toast, Procore and ServiceTitan, is functional as we continue to elongate our footprint, mosey up innovation, and pursue strategic acquisitions. This funding reaffirms our dedication to the U.S. market, where now we contain established sturdy leadership and contain invested over $50 million to elongate our alternate in the last couple of years. We will have the flexibility to continue to invest substantially in the market, reinforcing our long-term task of global improve and leadership. Richard Valtr, Founding father of Mews
Our vision has at all times been to redefine hospitality with spaces that put other folks on the coronary heart, and this funding propels us even nearer to attaining that goal. There are such a broad amount of alternatives for AI to beef up both the guest hunch and operational efficiencies in an replacement that is so files rich. With Tiger Global’s backing, we’re excited to construct on the wave of innovation on the intersection of hospitality and AI, with Mews on the heart of it. Matt Welle, CEO of Mews
Mews is redefining what it manner to lift distinctive guest experiences in the hospitality sector and beyond. Our partnership with the Mews crew marks an exhilarating step as they continue to elongate in North The US and beef up their global market leadership. Sara Eadie, Tiger Global
About Tiger Global
Founded in 2001, Tiger Global is a Fresh York-primarily based funding company pursuing a protracted-term advance to investing in leading, global public and inner most companies that leverage technological innovation. Tiger Global’s public fairness alternate entails mainly oriented long/brief, long centered and crossover concepts, concentrated on investments in excessive-quality, public improve companies. The inner most fairness alternate invests in early via late-stage companies that pursue innovative approaches to fresh and present industries, building on over Twenty years of skills investing in hundreds of companies in extra than 30 nations with extra than 90 portfolio company IPOs. With a convincing track file investing across sectors and stages, Tiger Global targets to be a thought companion to companies and their administration teams across their lifecycle in public and inner most markets. The Company’s mission is to generate world-class returns for its investors and to achieve so in a style that makes its workers, partners and portfolio companies proud.
About Mews
Mews is the leading platform for the fresh era of hospitality, designed to streamline operations for trendy hoteliers, turned into the guest skills and construct extra worthwhile companies. Possibilities contain BWH Accommodations, Strawberry, The Social Hub and Airelles Collection. Mews became as soon as named Most though-provoking PMS (2024, 2025) and listed amongst the Most though-provoking Areas to Work in Hotel Tech (2021, 2022, 2024, 2025) by Hotel Tech Chronicle, and gained the Tech Hero 2024 Award at CIODAY. Mews has beforehand raised $335 million from investors at the side of Development Fairness at Goldman Sachs Choices, Kinnevik and Notion to critically change hospitality.
www.mews.com
Katie Halfhead
Senior Communications Manager
