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Mews raises $110m in a funding round led by Kinnevik, Revaia, Goldman Sachs Alternatives, Notion Capital, and new investor LGVP to prioritize global expansion, research and development, and acquisitions.

Mar 04, 2024over 1 year ago

Amount Raised

$110 Million

AmsterdamSoftware

Investors

LgvpNotion CapitalGoldman Sachs AlternativesRevaiaKinnevik

Description

Mews, the industry-leading hospitality cloud, has announced a fresh funding of $110m led by existing investor Kinnevik, alongside Revaia, Goldman Sachs Alternatives, Notion Capital, and new investor LGVP. With a valuation of $1.2bn, this funding will prioritize global expansion, research and development, and acquisitions, enabling the world's most innovative hospitality organizations to accelerate their digital transformation.

Company Information

Company

Mews

Location

Amsterdam, North Holland, Netherlands

About

Mews is a cloud-based hotel property management system that helps simplify hotel operations so properties can focus on their guests.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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