Total amount raised
$517.3 Million
Latest funding date
3/1/2025
Location
Mews has successfully raised funding through 9 rounds, with the latest being a Series E round. The platform is backed by 16 investors, including Battery Ventures and Tiger Global Management.
Keep reading to explore the intricacies of Mews' fundraising journey and the investors backing this innovative platform.
What Is Mews?
Mews is a cloud-based hotel property management system designed to simplify hotel operations, allowing properties to focus on their guests. Founded in Prague, Czech Republic, the company operates in multiple industries including Enterprise Software, Hospitality, Hotel, Property Management, and Travel. Mews employs between 1001 and 5000 people.
The platform is trusted by over 12,500 properties worldwide and offers a range of products and solutions tailored to different types of properties and roles within the hospitality industry. Mews emphasizes automation, personalization through AI, and seamless integration with various hospitality services to optimize operations and enhance guest satisfaction.
How Much Funding Has Mews Raised?
- Series E
- Amount Raised: USD 75,000,000
- Date: March 2025
- Lead Investors: Tiger Global Management
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support expansion in the U.S. and accelerate R&D efforts in hospitality tech.
- Debt Financing
- Amount Raised: USD 100,000,000
- Date: September 2024
- Lead Investors: Vista Credit Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To aid in growth and expansion efforts.
- Series D
- Amount Raised: USD 101,390,000
- Date: March 2024
- Lead Investors: Kinnevik
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fuel growth and expand market presence.
- Series C
- Amount Raised: USD 185,000,000
- Date: December 2022
- Lead Investors: Goldman Sachs, Kinnevik
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance product offerings and expand globally.
- Debt Financing
- Amount Raised: Not publicly disclosed
- Date: December 2022
- Lead Investors: Columbia Lake Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational growth and financial stability.
- Series Unknown
- Amount Raised: USD 5,000,000
- Date: December 2021
- Lead Investors: Salesforce Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To drive innovation and expand market reach.
- Series B
- Amount Raised: USD 33,000,000
- Date: August 2019
- Lead Investors: Battery Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and enhance technology.
- Series A
- Amount Raised: USD 6,000,000
- Date: June 2018
- Lead Investors: Notion Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop core technology and expand the team.
- Seed
- Amount Raised: USD 1,500,000
- Date: November 2016
- Lead Investors: Axivate Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To launch the platform and enter the market.
Total Amount Raised: USD 516,890,000. Current Valuation: Not publicly disclosed.
Key Investors
- Tiger Global Management
- Details: Tiger Global Management is a global investment firm that focuses on private and public companies in the internet, software, consumer, and financial technology sectors. The firm is known for its long-term investments in high-growth technology companies.
- Investment Focus Areas: Internet, software, consumer, financial technology.
- Notable Investments: Facebook, LinkedIn, Spotify.
- Vista Credit Partners
- Details: Vista Credit Partners is a credit investment firm that provides flexible capital solutions to enterprise software, data, and technology-enabled businesses. The firm is part of Vista Equity Partners, which specializes in software and technology investments.
- Investment Focus Areas: Enterprise software, data, technology-enabled businesses.
- Notable Investments: Datto, Ping Identity.
- Kinnevik
- Details: Kinnevik is an investment company that focuses on building digital consumer businesses. The firm aims to drive change and create value through its investments in technology-driven companies.
- Investment Focus Areas: Digital consumer businesses, technology-driven companies.
- Notable Investments: Zalando, Tele2.
- Goldman Sachs
- Details: Goldman Sachs is a leading global investment banking, securities, and investment management firm. The firm provides a wide range of financial services to a substantial and diversified client base.
- Investment Focus Areas: Technology, finance, consumer.
- Notable Investments: Uber, Airbnb.
- Columbia Lake Partners
- Details: Columbia Lake Partners is a provider of growth capital to European technology companies. The firm focuses on supporting high-growth companies with flexible financing solutions.
- Investment Focus Areas: European technology companies.
- Notable Investments: Secret Escapes, Lyst.
What's Next for Mews?
As Mews looks to the future, the opportunities for growth are vast. The company is poised to expand its presence in the U.S. and DACH regions, leveraging AI to enhance revenue management and operational efficiencies. With a $75 million investment, Mews aims to double its revenue in North America and increase the number of hospitality brands using its platform.
Future fundraising opportunities seem promising, given the significant market potential and investor confidence. Mews may continue to attract substantial funding to support its expansion and innovation efforts. Strategic acquisitions are also on the horizon, aimed at bolstering their technology stack and market presence.
However, challenges lie ahead. Mews will need to navigate competition from established players in the hospitality tech space and ensure seamless integration of new acquisitions. Maintaining high growth rates and adapting to the evolving needs of the hospitality industry will be crucial for sustained success.
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