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Mews secures $300M at $2.5B valuation for hospitality software

Mews, a hospitality management software company, has achieved a valuation of $2.5 billion after a recent $300 million funding round. The company was founded by Richard Valtr, who was inspired to create a better system after experiencing the tedious night audit process as a teenager working in his family's hotel. Mews aims to streamline operations for hotels by integrating bookings, check-ins, and payments, differentiating itself by being built by industry insiders for industry professionals. AI

IMPACT N/A

RANK_REASON Significant funding round for a major hospitality tech company. [lever_c_demoted from significant: ic=1 ai=0.0]

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AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Mews secures $300M at $2.5B valuation for hospitality software

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Significant funding round for a major hospitality tech company. [lever_c_demoted from significant: ic=1 ai=0.0]
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funding, product
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COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Catherina Gioino ·

    The unlikely origin of a $2.5 billion hospitality unicorn: a bored teenager working the night shift at his family business

    "I always remember being 14 years old on my summer holidays, thinking that this was so unfair," Mews founder Richard Valtr told Fortune.