The funding will go, in part, towards expanding Mews’ artificial intelligence infrastructure.
Mews, a Dutch operating system for the hospitality space, has announced the raising of $300m in a Series D funding round. The investment was led by EQT Growth and new investors Atomico and HarbourVest Partners. There was also participation from existing investors Kinnevik, Battery Ventures and Tiger Global.
The organisation has stated that the closure of the Series D funding round marks a “defining moment for hospitality technology”, as Mews is now valued at approximately $2.5bn.
Headquartered in Amsterdam, in the Netherlands, Mews was established by Richard Valtr in 2012. It is an operating system for the hospitality sector and aims to unify workflows across revenue, operations and guest experience.
The funding will be used to expand Mews’ investment in artificial intelligence, embedding agent-driven systems across the platform to automate complex workflows, reduce cognitive load for staff, improve the guest experience and accelerate how products are built and deployed.
Mews also plans to accelerate the expansion of Mews Payments, which is the platform’s payment gateway, alongside its broader fintech infrastructure. It will continue international expansion across the company’s primary geographies of North America and Europe and into new markets.
The investment comes hot on the heels of its most recent acquisition in which Mews acquired GenAI analytics company DataChat. This was Mews’ fourteenth acquisition.
“Hospitality is the business of experiences,” said Valtr. “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.”
Kirk Lepke, a partner at EQT Growth, added, “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 organisation 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.”
Also this month, Dutch semiconductor equipment manufacturer ASML Holdings NV became the third European company to pass the $500bn mark in market valuation . It followed Danish drug maker Novo Nordisk and France-based Dior-parent LVMH.
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