Total amount raised
$517.3 Millions
Latest funding date
Location
Mews has successfully raised significant funding through multiple rounds, attracting a diverse group of investors. The platform offers a comprehensive suite of cloud-based solutions designed to streamline hotel operations and enhance guest experiences.
Keep reading to explore the intricacies of Mews' fundraising journey and the investors backing this innovative platform.
What Is Mews?
Mews, founded in 2012 by Richard Valtr, is headquartered in Prague, Czech Republic. The company specializes in providing a cloud-based hospitality management system designed to streamline hotel operations and enhance guest experiences.
With a workforce of 1001-5000 employees, Mews offers a comprehensive suite of products, including property management, payment processing, and point-of-sale systems. Their platform is tailored to meet the needs of hotels, hostels, apartments, and other hospitality businesses.
Driven by a vision to revolutionize the hospitality industry, Mews has grown to serve over 5000 properties across more than 85 countries. Their innovative solutions aim to scale operations, maximize profits, and deliver exceptional guest experiences.
How Much Funding Has Mews Raised?
- Seed Round
- Amount Raised: €1.5M
- Date: November 2016
- Lead Investors: Axivate Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop the initial version of their cloud-based hospitality management system.
- Series A
- Amount Raised: €6M
- Date: June 2018
- Lead Investors: Notion Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and expand market reach.
- Series B
- Amount Raised: $33M
- Date: August 2019
- Lead Investors: Battery Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance product offerings and accelerate growth.
- Venture Round
- Amount Raised: €5M
- Date: December 2021
- Lead Investors: Salesforce Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To invest in technology and expand into new markets.
- Series C
- Amount Raised: $185M
- Date: December 2022
- Lead Investors: Goldman Sachs, Kinnevik
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To fuel global expansion and enhance platform capabilities.
- Debt Financing
- Amount Raised: Not disclosed
- Date: December 2022
- Lead Investors: Columbia Lake Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support operational expenses and growth initiatives.
- Series D
- Amount Raised: €101.4M
- Date: March 2024
- Lead Investors: Kinnevik
- Valuation at Round: $1.2 billion
- Motivation Behind the Round: To support growth and development, particularly in AI and automation.
- Debt Financing
- Amount Raised: $100M
- Date: September 2024
- Lead Investors: Vista Credit Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support general corporate purposes and growth.
- Venture Round
- Amount Raised: $75M
- Date: March 2025
- Lead Investors: Tiger Global Management
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand in the U.S. and advance AI-powered hospitality tech.
Total Amount Raised: $505.9M
Current Valuation: $1.2 billion
Key Investors
- Tiger Global Management
- Details: Tiger Global Management is a New York-based investment firm known for its long-term investments in leading global public and private companies. The firm has a strong focus on technology and internet sectors.
- Investment Focus Areas: Technology, software, internet sectors.
- Notable Investments: Facebook, LinkedIn, Spotify.
- Kinnevik
- Details: Kinnevik is a Swedish investment company that focuses on building digital consumer businesses. The firm has a history of investing in transformative companies across various sectors.
- Investment Focus Areas: Consumer services, financial services, healthcare, TMT (Technology, Media, and Telecommunications).
- Notable Investments: Zalando, Tele2, Babylon Health.
- Battery Ventures
- Details: Battery Ventures is a global, technology-focused investment firm that invests in companies at all stages of growth. The firm is known for its deep expertise in technology and innovation-driven sectors.
- Investment Focus Areas: Technology, software, industrial technology, consumer technology.
- Notable Investments: Glassdoor, Nutanix, Sprinklr.
- Goldman Sachs Alternatives
- Details: Growth Equity at Goldman Sachs Alternatives is part of Goldman Sachs, focusing on growth-stage companies across various sectors. The firm leverages its extensive network and resources to support portfolio companies.
- Investment Focus Areas: Private equity, real estate, infrastructure, credit.
- Notable Investments: Uber, WeWork, Spotify.
- Vista Credit Partners
- Details: Vista Credit Partners is a strategic credit investor that provides flexible capital solutions to software, data, and technology-enabled businesses. The firm is part of Vista Equity Partners.
- Investment Focus Areas: Software, data, technology-enabled businesses.
- Notable Investments: Not publicly disclosed.
What's Next for Mews?
Mews stands at the cusp of significant opportunities, particularly with its expansion into the U.S. and DACH regions. The company’s focus on AI-driven revenue management tools and strategic acquisitions positions it well to capture a larger market share. With over $200 million in revenue and processing $10 billion in payments annually, the potential for growth is substantial.
Future fundraising rounds seem likely, especially given the backing from major investors like Tiger Global and Goldman Sachs Alternatives. These funds could fuel further innovation and acquisitions, enhancing Mews' technological capabilities and market reach. However, challenges such as integrating new acquisitions and navigating competitive pressures in the U.S. market remain.
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