Mews, which sells cloud software that hotels use to run reservations, front desks, restaurants and payments, announced on 22 January 2026 that it had raised $300m in a Series D round led by EQT Growth. The investment valued the company at $2.5bn.
Atomico and HarbourVest Partners joined as new investors. Existing backers Kinnevik, Battery Ventures and Tiger Global also took part. Mews said the round was still subject to customary regulatory closing conditions.
The valuation is about twice the $1.2bn Mews announced in March 2024, when it raised $110m in a round led by Kinnevik.
“Hospitality is one of the world’s largest industries, yet its core systems remain decades behind.”Kirk Lepke, Partner, EQT Growth
What Mews does
Mews describes itself as an operating system for hospitality. Its platform combines a property management system (PMS) with point-of-sale, revenue management, housekeeping and embedded payments, so that hotels can manage operations and guest data in one place.
The company was founded in 2012 by Richard Valtr, a former hotelier, while he was building a hotel in Prague. Matt Welle is chief executive. The SaaS News described Mews as based in Amsterdam, while other outlets refer to it as a Czech company; its 2024 funding announcement was issued from Amsterdam and the 2026 release from New York.
Mews has grown partly through acquisitions. Shortly before the Series D it completed its fourteenth purchase, DataChat, a generative AI analytics company that AltexSoft reported it bought in October 2025.
Growth in 2025
Mews said it ended 2025 with 15,000 customers and more than 132,000 hoteliers using the platform each month in 85 countries. Hotels processed 42.3 million checked-in reservations through Mews during the year, 3.2 million of them through its self-service kiosks, and payment volume on the platform reached $19.7bn.
The company said its SaaS gross profit grew by 55% in 2025. It also said its Mews Spaces feature, which lets properties sell space other than rooms, generated $537m of extra revenue for hoteliers across more than two million non-room bookings. Mews did not disclose its total revenue or whether it is profitable.
"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," Welle said.
What the money is for
Mews said the funding would expand its AI work, with software agents built into the platform to automate complex workflows for hotel staff and speed up how it builds products. It also plans to grow Mews Payments and its wider fintech infrastructure.
The company will continue expanding in North America and Europe, which it calls its primary markets, and will move into new markets, without naming them.
Kirk Lepke, a partner at EQT Growth, said the core systems of the hospitality industry remained decades behind and that Mews was building a modern standard to address that fragmentation.
The funding so far
Before the Series D, Mews raised $185m in December 2022 in a round led by Kinnevik and the growth equity business of Goldman Sachs Asset Management. In March 2024 it raised $110m at a $1.2bn valuation, led by Kinnevik with Revaia, Goldman Sachs Alternatives, Notion Capital and new investor LGVP.
Mews has not published a total for all the money it has raised. Expats.cz reported in 2024 that the 2024 investment made Mews the third Czech-founded company to be valued at more than $1bn, after Rohlík and Productboard.
Company website: mews.com