Despite clouds of uncertainty looming over the economy and geopolitics, people still want to travel. To meet that demand, Mews, an Amsterdam-founded ‘unicorn’ building an SaaS platform for hotel management, has raised a fresh $75 million. The funding is coming at a crossroad in the travel industry. On one hand are positive signals. Analysts at […] © 2024 TechCrunch. All rights reserved. For personal use only.
Hotel management platform Mews has raised $75 million in a round led by Tiger Global, with participation from existing investors Kinnevik, Battery Ventures, and Goldman Sachs Alternatives. The company, valued at $1.2 billion in its Series D last year, has seen its user base grow to 6,300 hotels, up from 5,000 a year ago, and processed $10 billion in payments in 2024. Mews is expanding its services through organic growth and acquisitions, such as Atomize, and focusing on AI integration and U.S. market expansion. The new funding will support further growth and competition in the hospitality sector.
