Skift Take
— Sean O’Neill
Mews has raised $110 million at a $1.2 billion valuation, the hotel tech startup said Monday.
Kinnevik, Europe’s largest publicly listed startup investor, led the round. Existing investors Revaia, Goldman Sachs Asset Management, and Notion Capital also participated. LGVP became a new investor.
“We are incredibly so bullish about how, in the age of AI, hospitality can become one of the biggest industries in the world, and how technology can be used to make every hotel more profitable, every guest happier, and bring back the pride with which one would call themselves a hotelier,” said Mews founder Richard Valtr in a LinkedIn post.
Mews sells cloud-based software used by “5,000…