Mews, a cloud-based property management system, has secured $110 million in funding led by Kinnevik, propelling the company to unicorn status with a valuation of $1.2 billion. The investment will fuel global expansion, research and development, and strategic acquisitions. With a 60% year-on-year revenue surge and significant milestones – 350,000 hospitality spaces managed and the integration with over 1,000 leading technologies – Mews is poised to lead the transformation of the hospitality industry through modern technology and personalized guest experiences.
Mews Raises €101.3M at €1.1B Valuation to Expand its Cloud Hospitality Tech