Mews raises €255M to accelerate AI and automation in hospitality

Amsterdam-based hospitality tech platform Mews has raised €255 million (about $300 million) in a Series D funding round as it pushes deeper into automation and AI-powered workflows for hotels around the world. 

The round was led by EQT Growth with new participation from Atomico and HarbourVest Partners, alongside existing backers including Kinnevik, Battery Ventures and Tiger Global. The investment values the company at roughly $2.5 billion. 

Founded in 2012 by Richard Valtr and Matt Welle, Mews builds a cloud-native “operating system” for hotels  software that ties together reservations, check-ins, housekeeping, payments and more in one platform.

 Its technology is designed to replace legacy systems that many hotels still rely on, offering a more flexible, connected way to manage day-to-day operations. 

The new funding will be used to expand the company’s AI and automation capabilities at the core of its product. 

That includes embedding agent-driven systems that can take ...