Mews Funding news – Amestardam Unicorn Mews Secures $100 Million in New Financing

As cloud adoption accelerates across the $15.5 trillion global travel and tourism industry, the new financing will expedite it’s growth and strengthen its M&A program to further establish the company as a market leader.

The company’s investment and corporate development arm, it's Ventures, has acquired nine hospitality companies to date, and will continue to invest in technology and teams to accelerate technological transformation across the hospitality industry.

Matt Welle, CEO of Mews, commented, “Hospitality at its core is a human industry, and we are relentlessly focused on driving cloud technology which empowers staff to disconnect from their screens and focus on their guests. We have a huge opportunity to support the world’s most revolutionary hospitality brands to accelerate their digital transformation,” “Receiving financing from an experienced enterprise software investor, like Vista Credit Partners, enables us to expedite our efforts. By investing in both our organic and inorganic growth, we will completely reshape the way hospitality is delivered.”

Richard Valtr, Founder of Mews, commented, “The market is ripe for consolidation. Having successfully acquired nine companies to date, the funds from Vista Credit Partners further progress our position to continue investing in M&A via our investment and corporate development arm, Mews Ventures.”

It has also continued to add innovative product functionalities, from its AI-driven smart search to provide users with a context-rich intelligent assistant, to its next-generation it Kiosk solution which has seen hotels cut check-in times by a third.

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Amy Mathews, Managing Director at Vista Credit Partners, added, “As an integral property management system for hospitality brands worldwide, the Mews cloud platform helps to automate core operational, business and payments processes while empowering staff to provide the best possible guest experiences. We are pleased to provide Mews with a flexible capital solution specifically tailored to its ambitious growth plans as the team drives transformation across the rapidly digitizing global hospitality sector.”

About Mews

Mews is the leading platform for the new era of hospitality. Powering over 5,500 customers across more than 85 countries, it Hospitality Cloud is designed to streamline operations for modern hoteliers, transform the guest experience and create more profitable businesses. Customers include Generator-Freehand, The Strawberry Group, The Social Hub and Airelles Collection.