Hotel tech firm Mews raises $33M in funding

September 11, 2019

Mews, a hotel technology company based out of the Netherlands, is aiming at the accommodation owners in the far West after its recently large funding round.

Battery Ventures is leading a $33 million Series B investment in the business, bringing the total so far to $41.6 million over three rounds.

The company was created in 2012 by Richard Valtr, who is moving to the U.S. to open an office in New York as part of its strategy to reach new markets.

The new round will be used to fund the expansion plan alongside development of its technology.

Mews has created a number of products including reservation and property managements systems, payment merchant tech and multi-property tools.

One fairly unique element of the platform is the Mews marketplace service, where hoteliers can bolt on other third party applications into the system.

These include distribution providers such as SiteMinder, analytics tools from Duetto or revenue management via eRevMax.

The company says it has more than 1,000 properties across 47 countries on its books.

Read more here

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September 11, 2019

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