Mews raises €6 million, plans worldwide expansion

Hotel tech specialist Mews has raised €6 million in funding to continue its “aggressive” expansion plans.

London-based Mews offers cloud-based property management software to hotels and other accommodation providers designed to automate back office functions.

The new round of investment is being led by technology-focused UK venture capital firm Notion, with further backing from HenQ Capital Partners and Thayer Ventures.

Mews says the money will be used to open further offices around the world as it looks to accelerate the growth of its customer base.

The firm’s hotel management platform offers automated solutions in areas such as online check-in and payments, booking management and staff training. Third-party tools and apps can also be connected to the open platform through APIs.

Former hotelier Richard Valtr, who founded Mews in 2012, says:

“We want to build the nervous system for hotels that all apps and tools for both guests and hosts can be plugged into.

“This new capital injection into Mews will facilitate our aggressive expansion plans and help us take the hotel industry, and hosting more widely, into the future.”

Mews has already undergone a major expansion over the past year – increasing its markets from 10 to 35 countries and expanding operations from one office with 25 staff to three locations and 80 employees.

Matthijs Welle, CEO of Mews, adds:

“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.”

Notion specialises in backing startup businesses in the B2B cloud and software as a service (SaaS) sectors. It is also an investor in Triptease, a direct booking platform for hotels.

Jos White, general partner at Notion, said: “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.”

Related reading:

Mews Systems captures €1.5 million to boost development of hotel IT system

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Rob Gill

About the Writer :: Rob Gill

Rob Gill has been writing about the travel industry since 2001 when he joined the features department at Travel Trade Gazette in London, having previously worked for local newspapers in the UK for five years.

He was also city and finance correspondent at TTG before later becoming editor of ABTN (Air & Business Travel News) and then digital editor of Buying Business Travel.

He is now an award-winning freelance journalist writing about the leisure and business travel industries for B2B magazines and websites. He has travelled extensively for both business and pleasure, but is mostly based in London these days.

 

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  1. Mandy Wielseman

    Mew has 350 properties — that doesn’t seem like global domination or aggressive expansion. Better not celebrate just yet. If I am not mistaken, there are way larger cloud-based systems out there (Djubo, Littlehotelier, Cloudbeds, Evvio) that have 10+ times the count and add 100s of properties a month. Come on Tnooz!

     
    • Tom Stone

      Mandy I think your comment misrepresents the numbers. Having hundreds of hotels doesn’t mean much if they are very small ones (single digit amount of rooms). Mews caters to many hotels with hundreds and in some cases more then 1000 units. I think that just number of hotels is generally a misleading KPI, “units” (rooms, beds, spaces) make much more sense, and Mews does excel on that. Congrats to team Mews.

       
      • Tom Stone

        The systems you mention are exactly that, large numbers of VERY small hotels. Not where the real revenue is.

         
 
 

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