Amsterdam-based hospitality tech unicorn Mews, which helps hotels manage operations and enhance guest experiences, has secured $75 million in funding led by Tiger Global to accelerate growth in the US and DACH regions.
- Founded in 2012 by Matt Welle and Richard Valtr, Mews is a cloud-based platform for hospitality businesses to manage their operations. It provides tools for property management, bookings, payments, and guest interactions, all in one system.
- The platform automates tasks, supports multi-property management, and easily integrates with other software, helping businesses improve efficiency. Various hospitality businesses use Mews, including hotels, hostels, and serviced apartments.
- According to startup reports, in 2024, Mews grew over the year, processed $10 billion in payments, and generated $200 million in revenue. The company also signed major clients like BWH Hotels, acquired Atomize, and reached over 50% yea 20% market share in the DACH region.
Details of the deal
- The investment was led by Tiger Global, an American investment firm with extensive experience in investing in hundreds of businesses across more than 30 countries and over 90 portfolio company IPOs.
“Mews is redefining what it means to deliver exceptional guest experiences in the hospitality sector and beyond. Our partnership with the Mews team marks an exciting step as they continue to expand in North America and strengthen their global market leadership," claims Sara Eadie from Tiger Global.
- Existing investors, including Kinnevik, Battery Ventures, and Growth Equity at Goldman Sachs Alternatives, also participated in the round.
- The startup will use the fresh funds to strengthen its leadership in hospitality, fuel its expansion in the US and DACH regions, accelerate platform innovation, and enhance its AI-powered revenue management capabilities.
- The investment will also support strategic acquisitions, boost R&D efforts, and enable the company to continue shaping the future of hospitality management with scalable solutions, automation, and operational intelligence.
"This investment reaffirms our dedication to the U.S. market, where we have established strong leadership and have invested over $50 million to expand our business in the last couple of years. We will continue to invest substantially in the market, reinforcing our long-term strategy of global growth and leadership," Founder of Mews, Richard Valtr, commented.
