Amsterdam-based Mews, the operating system for hospitality, announced it has raised $300 million in a Series D funding round led by EQT Growth, with new investors Atomico and  HarbourVest Partners, and participation from existing investors Kinnevik, Battery Ventures and Tiger Global.

“This investment marks a defining moment for hospitality technology and values the company at $2.5 billion,” said Mews.

“Following a year of strong and durable growth, during which SaaS gross profit increased by 55%, this fundraise establishes Mews as the leading hospitality tech provider for hotels of all sizes.  ”

Mews said that in 2025, the company achieved:

• A customer base of 15,000, with 132,000+ monthly active hoteliers in 85 countries

• 42.3 million checked-in reservations, of which 3.2 million via Mews Kiosk

• Platform Transaction Volumes of $19.7 billion

• Accelerated SaaS gross profit growth of 55%

• Created more than half a billion ($537 million) in additional revenue for hoteliers through its proprietary Mews Spaces feature, powered by over two million non-room reservations

“With EQT Growth joining in addition to new investors Atomico and HarbourVest, we have the backing to continue moving faster than anyone else in the industry,” said Mews CEO Matt Welle.

“We are engineering an operating system that is changing how hoteliers interact with their guests. Mews exists to handle the operational complexity so hoteliers can focus on what matters: making hospitality even more fun, profitable, and fulfilling.”

Mews said the funding will expand its investments in artificial intelligence “embedding agent-driven systems across the platform to automate complex workflows, reduce cognitive load for staff, significantly improve the guest experience and accelerate how products are built and deployed …”

Mews founder Richard Valtr said: “Hospitality is the business of experiences.

“The validation for our product from the market is clear, in both the US and Europe, and it is great to see how we are now powering ahead of any other hospitality company in terms of AI and agentic hospitality. It’s an exciting time to reinforce our vision of making Mews hotels the most profitable in the industry.”

Kirk Lepke, Partner at EQT Growth, said: “I’ve had the pleasure of getting to know the Mews team for several years and witness the company go from a bold vision to an organization delivering at scale.

“Hospitality is one of the world’s largest industries, yet its core systems remain decades behind. Mews is creating a modern technology standard, an AI-enabled hospitality operating system that helps solve the fragmentation we see in the industry. We at EQT Growth are incredibly excited to lead this round and partner with Mews.”

Mews said it will also accelerate the expansion of Mews Payments and its broader fintech infrastructure, embedding commerce into the core of hotel operations and positioning Mews as the connector between experience and revenue. In addition, the company will continue its ambitious international expansion across its primary geographies of North America and Europe, as well as expanding into new markets.

“Matt and Richard have built a category-defining platform with the depth, pace of innovation and global reach required by modern hospitality,” said Laura Connell, Partner at Atomico.

“The most ambitious builders in hospitality are focused on delivering ever-improving experiences for their end consumers, and they need technology that can keep pace with rising expectations around speed, service and personalization. Mews is the key enabler for the future of hospitality, and the team is well on their way to building a generational company.”