Mews Secures $75 Million to Bolster Hospitality Tech Leadership
Deal News | Mar 05, 2025 | PR Newswire Cision Mews
Mews, a leading platform in hospitality technology, has raised $75 million in a funding round led by the global investment firm Tiger Global. Joining the round were existing investors Kinnevik, Battery Ventures, and Growth Equity at Goldman Sachs Alternatives. This investment is targeted at accelerating Mews's growth in the United States, a strategic market for expansion in the competitive hospitality industry. Mews plans to drive innovation through AI-powered revenue management capabilities and strategic acquisitions. In the past year, Mews showed significant global growth with a 50% year-on-year increase and a market penetration rate of 20% in the DACH region. Their expansion efforts have seen North American revenue and brands under management double. The funding will also bolster R&D to enhance Mews's offerings in modern hospitality management by advancing scalability, automation, and operational intelligence. Tiger Global's involvement provides substantial support for Mews's continued market leadership and innovation drive.
Sectors
- Hospitality Technology
- Venture Capital
Geography
- United States – Mews is aiming to expand its market presence extensively in the U.S., a key target for its strategic growth in hospitality.
- DACH Region – Mews has achieved a significant market penetration rate of 20% in the DACH region, indicating strong regional growth.
- Global – The involvement of international investors like Tiger Global and existing global clients shows that Mews operates within a worldwide context.
Industry
- Hospitality Technology – Mews is a platform focused on revolutionizing hospitality management through innovative technological solutions.
- Venture Capital – Tiger Global, a firm leading the funding round, is a significant player in venture capital investment focusing on growth and technology.
Financials
- 75 million dollars – The amount of investment secured by Mews led by Tiger Global for expansion and development purposes.
- 200 million dollars – Revenue generated by Mews in the year 2024.
- 10 billion dollars – The volume of payments processed by Mews in 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Mews | Target Company | Company | A leading platform in hospitality technology focused on property management systems. |
| Tiger Global | Lead Investor | Company | A global investment firm known for its focus on technology-centric investments. |
| Kinnevik | Existing Investor | Company | An investment firm that was part of the funding round for Mews. |
| Battery Ventures | Existing Investor | Company | A venture capital firm that participated in the funding round for Mews. |
| Growth Equity at Goldman Sachs Alternatives | Existing Investor | Company | Part of Goldman Sachs, involved in alternative investment funding for Mews. |
| Richard Valtr | Founder of Mews | Person | The founder who is leading Mews’s strategic vision through this investment phase. |
| Matt Welle | CEO of Mews | Person | CEO who is spearheading Mews's innovation and expansion strategy. |