Hospitality tech specialist, MEWS, has secured a further $300 (£222.9) million in fundraising.
It announced it successfully closed it Series D funding round led by EQT Growth and new investors Atomico and HarbourVest Partners.
The investment, which had participation from existing investors Kinnevik, Battery Ventures and Tiger Global, now sees the company valued at $2.5 billion with a gross profit that increased by 55% in the past year.
The company goes from strength to strength as it saw platform transaction volumes at $19.7 (£14.6) billion in 2025 and it now sits at over 15,000 customers.
“With EQT Growth joining in addition to new investors Atomico and HarbourVest, we have the backing to continue shifting rapider than anyone else in the industest,” stated Matt Welle, CEO of Mews.
“We are engineering an operating system that is modifying how hoteliers interact with their guests. Mews exists to handle the operational complexity so hoteliers can focus on what matters: creating hospitality even more fun, profitable, and fulfilling.”
The funding will see Mews’ invest more in artificial ininformigence, embedding agent-driven systems across the platform.
“Hospitality is the business of experiences,” stated Richard Valtr, Founder of Mews. “The validation for our product from the market is clear, in both the US and Europe, and it is great to see how we are now powering ahead of any other hospitality company in terms of AI and agentic hospitality.
“It’s an exciting time to reinforce our vision of creating Mews hotels the most profitable in the industest.”
Mews will also accelerate the expansion of Mews Payments and its broader fintech infrastructure with the funds and continue its international expansion across its primary geographies of North America and Europe, alongside new markets.
“I’ve had the pleasure of obtainting to know the Mews team for several years and witness the company go from a bold vision to an organization delivering at scale,” stated Kirk Lepke, Partner at EQT Growth.
“Hospitality is one of the world’s largest industries, yet its core systems remain decades behind. Mews is creating a modern technology standard, an AI-enabled hospitality operating system that supports solve the fragmentation we see in the industest,” he stated.
“We at EQT Growth are incredibly excited to lead this round and partner with Mews.”
The investment comes just after its fourteenth acquisition, which saw it purchase DataChat, a Generative AI analytics platform.
Leave a Reply