Product details

Mews was founded 2012 in Prague by Richard Valtr and Matthijs Welle. The idea behind MEWS was to develop a cloud-based property management software (PMS) that would not only help the hotel management to manage the hotel but also to integrate the guest in a new way. The initial idea was to re-invent the check-in so that it would feel like arriving at a good friend's home: no technology, you are greeted by your friend and you can start enjoying the evening right away. It took Richard and Matthijs more than three years to develop their software and grow to roughly 116 properties in 17 countries. In November 2016, MEWS secured USD1.5 million by Axivate Capital in a seed round, mainly to professionalize the go-to-market strategy by building their sales force. In June 2018, Mews closed a EUR6 million Series A funding round and just one year later in August 2019, Mews closed a USD33 million series B funding round, bringing the company valuation to USD200 million. After what Richard and Matthijs themselves called three years of struggling, they had three years of hyper growth. At this time, Mews was working with over 130,000 beds at over 1,000 properties across 47 countries and was enabling its hospitality customers to transact over USD150 million each month in hotel and ancillary purchases. One of the key objectives of the Series B funding round was to support the company’s expansion in the US and the imminent launch of its office in New York City.