Mews, Dutch hospitality business, intensifies expansion plans with a $75 million investment round
In a significant development, Mews, a leading hospitality scaleup based in Amsterdam, has secured $75 million in its third major cash injection of the last year. This investment will fuel the company's growth and expansion plans, particularly in the United States.
Mews, founded by Richard Valtr, an ex-hotelier with a mission to transform the hospitality industry, has been focusing on streamlining operations for modern hoteliers through its Hospitality Cloud platform. The platform offers a cloud-based system that helps hotels and other hospitality businesses handle tasks like booking rooms, checking guests in and out, processing payments, and managing housekeeping.
The company's robust growth can be inferred from several key points. Mews supports over 5,000 customers across more than 85 countries, indicating a strong global presence and market penetration. In 2024, the company achieved a 50% year-on-year growth, processed over $10 billion in payment volumes, and surpassed $200 million in revenue.
Mews is also actively hiring for roles such as Senior Associate in Strategic Finance and Salesforce Solutions Architect, suggesting an emphasis on strategic expansion and technology integration.
Despite not publicizing specific acquisitions, Mews' CEO, Richard Valtr, stated that Tiger Global's experience is invaluable for their expansion and strategic acquisitions. Tiger Global, an American investment firm, is the main investor in Mews' latest capital raise. Mews plans to make up to four acquisitions in 2025.
The company's success has not gone unnoticed. Mews' CEO, Richard Valtr, is scheduled to speak at a conference in June. For those interested in attending, an offer for a 30% discount on the conference ticket is available with the code "our websiteXMEDIA2025" at checkout.
For the tech-savvy audience, the website Conference also offers a newsletter providing the most important tech news each week. With Mews' continuing growth and focus on digital transformation in the hospitality industry, it's an exciting time to stay informed.
Mews, with its focus on streamlining operations for modern hospitality businesses using its Hospitality Cloud platform, is now actively seeking a Senior Associate in Strategic Finance and a Salesforce Solutions Architect, indicating a desire to advance in finance and technology sectors. The company's recent $75 million investment from Tiger Global, an American investment firm, will support this advancement, fueling strategic expansion and potential acquisitions.
