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Worldwide: Operating system Mews has raised $300 million in Series D funding led by EQT Growth with new investors Atomico and HarbourVest Partners.
The investment values Mews at $2.5 billion.
Existing investors Kinnevik, Battery Ventures and Tiger Global also participated in the Series D round.
The funding will expand Mews’ investments in artificial intelligence (AI), including the rollout of agent-driven systems across the platform and the automation of workflows.
Mews will also accelerate the expansion of Mews Payments and its broader fintech infrastructure.
“With EQT Growth joining in addition to new investors Atomico and HarbourVest, we have the backing to continue moving faster than anyone else in the industry,” said Matt Welle, CEO of Mews. “We are engineering an operating system that is changing how hoteliers interact with their guests. Mews exists to handle the operational complexity so hoteliers can focus on what matters: making hospitality even more fun, profitable, and fulfilling.”
Richard Valtr, founder of Mews, added: “Hospitality is the business of experiences. 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 making Mews hotels the most profitable in the industry.”
Kirk Lepke, partner at EQT Growth, said: “I’ve had the pleasure of getting to know the Mews team for several years and witness the company go from a bold vision to an organisation delivering at scale. 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 helps solve the fragmentation we see in the industry. We at EQT Growth are incredibly excited to lead this round and partner with Mews.”
Laura Connell, partner at Atomico, said: “Matt and Richard have built a category-defining platform with the depth, pace of innovation and global reach required by modern hospitality. The most ambitious builders in hospitality are focused on delivering ever-improving experiences for their end consumers, and they need technology that can keep pace with rising expectations around speed, service and personalisation. Mews is the key enabler for the future of hospitality, and the team is well on their way to building a generational company.”
Highlights:
- Mews has secured $300 million in Series D funding led by EQT Growth, valuing the company at $2.5 billion
- New investors Atomico and HarbourVest Partners joined the round alongside existing backers Kinnevik, Battery Ventures and Tiger Global
- The funding will accelerate investment in artificial intelligence, including agent-driven systems and workflow automation, as well as scaling Mews Payments
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