Thayer Investment Partners congratulates Mews on closing a $300 million Series D financing round, led by EQT Growth with participation from new investors Atomico and HarbourVest Partners, alongside existing backers Kinnevik, Battery Ventures and Tiger Global. The round values the company at $2.5 billion and cements Mews' position as the leading operating system for global hospitality.

Mews ended 2025 with 15,000 customers, 132,000+ monthly active hoteliers across 85 countries, 42.3 million checked-in reservations, and $19.7 billion in Platform Transaction Volume — alongside 55% SaaS gross profit growth. Its Mews Spaces feature generated more than half a billion dollars ($537 million) in incremental revenue for hoteliers in 2025, powered by over two million non-room reservations.

“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.”

— Matt Welle, CEO, Mews

The new capital will accelerate Mews' investments in artificial intelligence — embedding agent-driven systems across the platform to automate complex workflows, reduce cognitive load for staff, improve the guest experience, and accelerate product development. The investment follows the company's fourteenth acquisition, DataChat, a generative AI analytics platform that joined Mews in late 2025. Mews Payments and the broader fintech infrastructure will also expand, embedding commerce into the core of hotel operations.

“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.”

— Richard Valtr, Founder, Mews

Mews is one of the cornerstone investments in the Thayer portfolio. From the early days of cloud-native hospitality through to today's emerging agentic era, the company has consistently delivered category-defining product velocity and global scale. The Series D underscores why we believe the next decade of hospitality value creation will accrue disproportionately to AI-native platforms that own the operational and commercial layers of the hotel — and Mews is the clearest expression of that thesis in market today.

In January 2026, Mews was named the #1 Property Management System for the third year running and #1 Hotel Point of Sale System by Hotel Tech Report — reflecting its ability to lead both the operational and commercial layers of hospitality. We are proud to continue backing Matt, Richard, and the Mews team as they build what we believe will be a generational company.