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Mews

Kinnevik Stake
8%
Leading hospitality technology platform

What they do

Hospitality is entering a new era where property management systems (PMS) are no longer just passive infrastructure. Mews is at the forefront of this shift with its innovative cloud-based management and payments platform that helps hoteliers better price, sell and operate every aspect of their business.

The platform is the most connected marketplace in the hotel industry, with over 1,000 integrations and offers a tightly integrated ecosystem of services to hoteliers, including:

  • Operation management system saving time for hotel staff in their daily work
  • Revenue management solution, empowering hoteliers to make smarter, real-time pricing decisions and get better revenue predictability
  • Space management tool, which helps monetize underused spaces
  • Payment processing service, including a cross-border payments feature
  • Event management feature, enabling hotels to turn every space into a revenue- and profit-generating unit 

Mews continues to successfully expand up-market, with significant traction amongst mid-market clients. As a result, the company has achieved significant market penetration (over 20 percent in core geographies) in a historically fragmented market and has reached over 12,500 customers worldwide.

Why Kinnevik invested in Mews

Mews is an example of a successful vertical software business, with the potential to become a one-stop shop for all business needs in the hotel industry, resulting in increased client retention and revenue expansion. Mews’ mission-critical nature as the ‘operating system’ for hotels results in very low churn. Addition­ally, as they continue to develop their product suite, the company can build an ecosystem of services where they can ‘land and expand’, increasing its addressable market over time.

The EUR 70m capital raise in March 2025 marks a pivotal moment in Mews’ expansion strategy, with a focus on accelerating its growth in the US. Mews continues to capture market share and expand its footprint across North America, and recent milestones include:  

  • 2x revenue in North America year-over-year 
  • 2x the number of hospitality brands using Mews
  • More than doubled the number of rooms and spaces managed via Mews 

Led by founder Richard Valtr and CEO Matthijs Welle, former hoteliers who are joined by a highly talented and complementary management team, the company is now hard at work rolling out its expanded capabilities to its thousands of existing customers. Combined with its expansion in the US and DACH markets, we are seeing a step-change in Mews’ growth journey. 

To continue to create value, Mews focuses on:

  • Continuing the expansion in the US and Continental Europe
  • Accelerating platform innovation through AI-powered revenue management capabilities
  • Driving strategic acquisitions

Key information

  • Leading hospitality technology platform
  • Over EUR 200m in revenue 2024
  • 50% revenue growth in 2024
  • Over EUR 10bn in payments volume in 2024
  • 12,500 unique customers in 2024, a yearly increase of 85%


News in the quarter

  • Launched ’Multicurrency’, a cross-border payments feature that lets international guests pay in their home currency both online and in person, enabling hotels to retain a share of the currency conversion fees typically collected by banks
  • Hosted its annual conference, ”Unfold”, in April, which saw over 700 industry professionals come together in Amsterdam. The event focused on the future of hospitality, maximizing both guest experience and business outcomes 

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