Mews, a hospitality operating system provider, has raised $300 million in a Series D funding round led by EQT Growth, with new participation from Atomico and HarbourVest Partners and continued backing from Kinnevik, Battery Ventures, and Tiger Global. The investment values Mews at $2.5 billion and will be used to accelerate product development focused on AI-driven automation, as well as expand payments and fintech capabilities and support international growth across North America, Europe, and additional markets.
The company positioned the round as a major step for modernizing hotel technology, arguing that core systems across the industry remain fragmented and outdated. Mews said it is building an AI-enabled hospitality operating system designed to unify operational workflows and the guest journey, reducing manual work for hotel staff while improving speed, service, and personalization for guests.
Mews reported strong operating metrics from 2025, including a customer base of 15,000 properties and more than 132,000 monthly active hoteliers across 85 countries. The company said it processed 42.3 million checked-in reservations during the year, including 3.2 million through its self-service kiosk product, and posted platform transaction volume of $19.7 billion. Mews also said its SaaS gross profit increased 55% in 2025.
The company highlighted the growing role of non-room revenue in hotel operations, pointing to its Mews Spaces feature, which it said generated $537 million in additional revenue for customers through more than two million non-room reservations. Mews said the broader product roadmap will continue to embed agent-driven systems across the platform to automate complex workflows, enable real-time operational orchestration, and improve revenue optimization using deeper insights into guest behavior.
In addition to AI investment, Mews said it will further develop Mews Payments and its underlying fintech infrastructure, framing payments as a core connector between guest experience and hotel revenue. The company also noted that the round follows its acquisition of DataChat, a generative AI analytics platform, and said it recently received top rankings from Hotel Tech Report for its property management and hotel point-of-sale systems.
KEY QUOTES:
“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. We are engineering an operating system that is changing how hoteliers interact with their guests. Mews exists to handle the operational complexity so hoteliers can focus on what matters: making hospitality even more fun, profitable, and fulfilling.”
Matt Welle, CEO, Mews
“Hospitality is the business of experiences. The validation for our product from the market is clear, in both the US and Europe, and it is great to see how we are now powering ahead of any other hospitality company in terms of AI and agentic hospitality. It’s an exciting time to reinforce our vision of making Mews hotels the most profitable in the industry.”
Richard Valtr, Founder, Mews
“I’ve had the pleasure of getting to know the Mews team for several years and witness the company go from a bold vision to an organization delivering at scale. Hospitality is one of the world’s largest industries, yet its core systems remain decades behind. Mews is creating a modern technology standard, an AI-enabled hospitality operating system that helps solve the fragmentation we see in the industry. We at EQT Growth are incredibly excited to lead this round and partner with Mews.”
Kirk Lepke, Partner, EQT Growth
“Matt and Richard have built a category-defining platform with the depth, pace of innovation and global reach required by modern hospitality. The most ambitious builders in hospitality are focused on delivering ever-improving experiences for their end consumers, and they need technology that can keep pace with rising expectations around speed, service and personalization. Mews is the key enabler for the future of hospitality, and the team is well on their way to building a generational company.”
Laura Connell, Partner, Atomico
