Mews' Funding Round

Mews, a Dutch hospitality scaleup, has secured $75M in its third major funding round. This brings the company's total funding to over $500M, making it one of the most well-funded scaleups in the industry.

The funding round was led by American investment firm Tiger Global, which has experience with high-growth technology companies. Mews' founder, Richard Valtr, expressed his excitement about the partnership, citing Tiger Global's valuable experience with category winners in the US.

Expansion Plans

Mews plans to use the funds to expand its presence in the US and continue its acquisition spree. The company has already acquired 12 companies and is looking to make up to four more acquisitions in 2025. Mews is also focused on accelerating innovation and pursuing strategic acquisitions to further fuel its growth.

The company's cloud-based system helps hotels and other hospitality businesses manage tasks such as booking rooms, checking guests in and out, processing payments, and managing housekeeping. Mews also provides tools for reporting and analytics, making it a comprehensive solution for the hospitality industry.

Growth and Milestones

Mews has reported 50% year-on-year growth in 2024, processing over $10B in payments volume and surpassing $200M in revenue. The company's sustained growth is fueled by the increasing demand for digital transformation in the hospitality industry. With its strong funding and expansion plans, Mews is well-positioned to continue its growth trajectory and solidify its position as a leader in the industry.