“Hotel Software Startup Mews Secures $110M in Funding with $1.2B Valuation”
Mews, one of the startups building tools to help hotels manage IT better is announcing a growth round of $110 million to capture more business.
The funding — led by Kinnevik — is coming in at a $1.2 billion valuation post-money.
That is a slight up-round on the Series C that Amsterdam-based Mews announced at the end of 2022, when Mews raised $185 million on an $865 million valuation.
It said it now has more than 5,000 hotel customers, compared to 3,253 hotels a year ago.
Mews nominally looks after hotels and hospitality, but that could be hostels or Airbnbs or services for people in mixed-use real estate.
