Mews raises $300m Series D funding led by EQT Growth

Core Insights - Mews has raised $300 million in a Series D funding round led by EQT Growth, valuing the company at $2.5 billion [1] - The company reported a 55% increase in SaaS gross profit over the past year, with a customer base of 15,000 across 85 countries [1] - Mews processed 42.3 million reservations in 2025, with a yearly platform transaction volume of $19.7 billion [2] Funding and Investment - The funding round included participation from new investors Atomico and HarbourVest Partners, as well as existing investors Kinnevik, Battery Ventures, and Tiger Global [1] - The new capital will be used to invest in AI systems to automate operations and enhance hotel workflow management [3] - Mews plans to strengthen its fintech offerings and expand its presence in North America, Europe, and new international markets [3] Company Growth and Strategy - Mews has made 14 acquisitions to date, including the recent acquisition of AI analytics platform DataChat [4] - The company aims to create a modern, AI-enabled hospitality operating system to address industry fragmentation [4] - Mews CEO Matt Welle emphasized the company's commitment to rapid growth and innovation in the hospitality technology sector [3]