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Czech-Founded Mews Raises Over €255M Series D Round

Czech-Founded Mews Raises Over €255M Series D Round, TheRecursive.com
Image credit: Richard Valtr and Matthijs Welle (left to right), Source: mews.com
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Czech-founded Mews, a hospitality technology company, has secured a $300 million (€255.17 million) in fresh investment, pushing its valuation to $2.5 billion (approximately €2.13 billion).

The Series D investment round was led by EQT Growth. New investors Atomico and HarbourVest Partners joined the round, alongside existing backers Kinnevik, Battery Ventures, and Tiger Global.

Founded and co-owned by Czech entrepreneur Richard Valtr, Mews develops a cloud-based operating system designed to simplify hotel operations, from reservations and check-ins to payments and guest management. Today, the platform is used by nearly 150,000 hotels in more than 85 countries.

Valuation jumps above $2 billion

Mews achieved unicorn status almost two years ago, when the company was valued at approximately $1.2 billion.

“Hospitality is an experience-driven industry. Strong demand in both the United States and Europe confirms the value of our solution,” said Richard Valtr, founder of Mews. “It’s encouraging to see that in areas like artificial intelligence and autonomous hotel systems, we are moving faster than our competitors.”

New capital to accelerate AI and automation

The newly raised funds will be primarily invested in AI and automation within the Mews platform. According to CEO Matt Welle, the Series D round marks a key milestone as the company enters its next phase of growth.

“We are building an operating system that fundamentally changes how hoteliers work with their guests,” Welle said. “Mews takes over operational complexity, allowing hotel teams to focus on what truly matters — service quality, guest satisfaction, and profitability.”

AI-driven automation enables hotels to analyze guest behavior, predict occupancy, optimize pricing strategies, and significantly reduce administrative workload.

“Our goal has always been to let hoteliers spend more time with guests and less time behind screens or preparing reports,” Valtr added. “This new level of intelligence introduces digital colleagues that collaborate across systems and departments.”

Strong growth metrics and global expansion plans

Mews continues to report strong operational performance. Over the past year, the platform processed 42.3 million reservations, including more than 3 million self-service check-ins via the Mews Kiosk. The total transaction volume handled through the platform reached $19.7 billion, while gross profit from its SaaS solutions grew by 55% year over year.

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Looking ahead, Mews plans to further expand Mews Payments and its broader financial technology infrastructure, embedding payment and commercial functions directly into hotels’ core operations. The company will also continue its international expansion, with a focus on North America and Europe, while entering additional global markets.

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https://therecursive.com/author/teodoraatanasova/

Teodora Atanasova is a News Editor at The Recursive. She covers everything around funding rounds, exits, startups expanding to international markets, big tech opening R&D in CEE, meaningful for the ecosystem partnerships.