Mews secures $300m as it targets global lead in hospitality software
Mews has raised $300 million in a Series D funding round that values the hospitality software provider at $2.5 billion, underscoring its ambitions to become the leading operating system for hotels worldwide. The round is led by EQT GrowthDealroom has a profile for this one. Try Dealroom →, with new investors Atomico and HarbourVest Partners joining existing backers Kinnevik, Battery Ventures and Tiger Global, following a year in which Mews’ SaaS gross profit grew 55 percent.
The New York-headquartered company, which provides cloud-based software spanning property management, point-of-sale, revenue management, housekeeping and payments, now serves 15,000 customers with more than 132,000 monthly active hoteliers across 85 countries. In 2025, Mews processed 42.3 million checked-in reservations and $19.7 billion in platform transaction volume, and says its Mews Spaces feature generated $537 million in additional revenue for hoteliers by enabling sales of non-room inventory.
Chief executive Matt Welle said the fresh capital will accelerate investment in artificial intelligence, with plans to embed “agent-driven” systems across the platform to automate complex workflows, cut cognitive load for staff and improve the guest experience. The company aims to help hotels orchestrate operations in real time, optimize revenue with deeper insight into guest behavior, simplify workflows for faster staff onboarding and shed dependence on legacy technology. Founder Richard Valtr described Mews as “powering ahead” of other hospitality companies in AI and “agentic hospitality,” reiterating a vision of making Mews-powered hotels the most profitable in the industry.
EQT Growth partner Kirk Lepke said hospitality’s core systems remain “decades behind” despite the sector’s size, arguing that Mews is setting a modern, AI-enabled technology standard capable of reducing fragmentation across hotel tech stacks. Atomico partner Laura Connell added that the pace of innovation and global reach of the platform match growing customer expectations for speed, service and personalization, positioning Mews as “a generational company” in hospitality technology.
Mews plans to use the funding to scale its embedded payments and broader fintech infrastructure, positioning itself as a connector between guest experience and revenue while pushing further into North America and Europe and entering new markets. The raise follows the firm’s fourteenth acquisition, generative AI analytics specialist DataChat, and comes shortly after Mews was named the world’s top Property Management System for the third consecutive year and the top Hotel Point of Sale System by Hotel Tech Report. The funding round remains subject to customary regulatory closing conditions.
Source: PR Newswire
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