This new $75 million round of funding is designed to support Mews’ expansion in the North American market and in the DACH region (Germany, Austria, Switzerland), as well as to accelerate the development of innovative solutions based on artificial intelligence for hotel management.
Mews was able to raise this amount in a funding round led by Tiger Global, with the participation of Kinnevik, Battery Ventures and Growth Equity at Goldman Sachs Alternatives.
Rapid growth and strategic expansion
In 2024, Mews recorded growth of more than 50% compared with the previous year, with payment volumes exceeding $10 billion and sales in excess of $200 million.
The company also strengthened its presence by forging partnerships with leading hotel groups, including BWH Hotels, and acquiring Atomize, a hotel revenue management solution. In the DACH market, Mews has achieved a penetration rate of 20%, confirming its foothold in the region.
The aim of this fund-raising is to strengthen Mews’ position in the United States, a key market for its development. The company has doubled its turnover in this market in the space of a year, considerably increased the number of establishments using its services and doubled the number of rooms and spaces managed by its PMS.
Investment and technological innovation
Thanks to this investment, Mews intends to step up its R&D efforts to meet the new challenges of the hotel sector and optimise the customer experience. The company continues to position itself as a leader in automation, operational intelligence and scalability in the hotel industry.
Richard Valtr, founder of Mews, emphasises the importance of the partnership with Tiger Global in accelerating the company’s development:
“This investment reaffirms our commitment to the US market, where we have invested more than $50 million over the past two years. We will continue to strengthen our international presence and innovate to offer hotels ever more effective solutions.”
For his part, Matt Welle, CEO of Mews, emphasises the role of artificial intelligence in the evolution of the sector:
‘The hotel industry is built on customer experience and effective data management. With this investment, we will develop innovative solutions that combine technology and hospitality to enhance every interaction with travellers.’
Finally, Sara Eadie, representative of Tiger Global, is delighted with this partnership:
‘Mews is transforming the way hotels interact with their guests. We are delighted to support the company’s expansion in North America and its ambition to become a global leader in hotel solutions.’
Towards sustainable global expansion
With this round of financing, Mews has confirmed its technological leadership and its ambition for international growth. By combining innovation, automation and artificial intelligence, the company aims to revolutionise hotel management and strengthen its position in the key hotel markets of Europe and the United States.
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