Mews, the cloud-based Property Management Software platform has received a significant boost in its development plans, raising €6m (US$7 million) in a Series A funding round.
Led by Notion, with participation from HenQ and Thayer Ventures, the funding will be used to “accelerate its mission to automate the hotel, democratise knowledge around hoteliering and encourage connectivity within travel to enhance the overall guest experience”, it said. Mews will also be opening new offices globally.
Mews was founded in 2012 by ex-hotelier Richard Valtr, who was driven to build a new platform to address “the inadequacies of existing hotel software systems”. Its “fully open” hotel management platform facilitates a variety of services including online check-ins and payments, booking management and staff training.
It now has over 43,000 beds in 350 properties using its system.
“In the last year alone, we have expanded from 10 to 35 countries, grown revenue by 20% per month and expanded the team from one office with 25 employees to three and 80 employees…this new round of funding gives us the firepower required to capitalise on the momentum we have built ever since Mews was founded six years ago,” said Matthijs Welle, CEO of Mews.
“We think the hotel industry is at a tipping point in terms of the way it uses technology to better manage their operations and transform the guest experience. We also believe that Mews can be a catalyst to this transition in an industry that has been slow to change,” said Jos White, General Partner at Notion.
