Mews secures $75M to expand in DACH and U.S.
Hospitality tech leader doubles down on global growth, strategic acquisitions, and AI-driven revenue management
Amsterdam-based hospitality technology specialist Mews has raised an additional $75 million in funding, following last year’s $110 million round. The investment, led by Tiger Global with participation from Kinnevik, Battery Ventures, and Growth Equity at Goldman Sachs Alternatives, will support its expansion in the DACH region (Germany, Austria, Switzerland) and the United States. The company aims to accelerate AI-powered revenue management, drive strategic acquisitions, and continue its mission to redefine hospitality through technology.
Key takeaways
- The investment will support Mews' growth in the DACH region and the U.S., reinforcing its position in the hospitality tech industry;
- Plans include fast-tracking platform advancements, particularly in AI-driven revenue management and guest experience optimization;
- Following the acquisitions of Clarity in January 2024 and Quotelo in November 2023, Mews aims to continue expanding through mergers and acquisitions;
- Over the past year, Mews reported 50% year-on-year growth, processed $10 billion in payments, and generated $200 million in revenue;
- Tiger Global sees Mews as a category leader, with expertise comparable to companies like Toast, Procore, and ServiceTitan in the U.S.
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