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, 2024•over 1 year ago
Amount Raised
$110 Million
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.
Funding Insights
Based on industry dataVC-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