Mews Raises $75M for Hotel Management

This is a Amsterdam news story, published by TechCrunch, that relates primarily to Mews news.

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Hotel management platform Mews books $75M round led by Tiger Global | TechCrunch

Summary

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83% Informative

Mews, an Amsterdam -founded unicorn’ building an SaaS platform for hotel management, has raised a fresh $75 million .

Tiger Global , a new backer, led this latest round, with participation from previous investors Kinnevik , Battery Ventures and Growth Equity at Goldman Sachs Alternatives .

Mews is not disclosing its current valuation, and CEO Matt Welle instead called it a generic growth round.

As it has grown, Mews has focused on catching bigger fish in the hospitality space. The company says the number of hospitality “brands” that use its tools has doubled, and some of its new customers include Best Western Hotels , Weekender and Lark Hotels. To be clear, this doesn’t mean all Best Westerns are using Mews now. As with all deals with customers that run a franchising model, Mews is now on an approved supplier list, but it still needs to contract with individual franchises to win new business..

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semi-formal

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English

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