Mews receives a $110 million investment, bringing its value to $1.2 billion. This makes the company the next Czech startup after Rohlik and Productboard with a value of over USD 1 billion. The current investment adds to a previous Series C in late 2022, when Mews raised USD 185 million.

The investment round was led by Swedish investment firm Kinnevik, with other existing investors such as Goldman Sachs Alternatives, Notion Capital and Revaia joining in. New York-based VC fund LGVP was the new investor. The funds will be used for global expansion and acquisitions of competitors.

Mews is a property management system that facilitates and automates all operations of modern hoteliers with a cloud-based system that enables complete management of reservations, check-ins and handling of various guest requests. Founders Richard Valtr and Matthijs Welle came up with the innovative idea of a cloud-based environment that both hoteliers and guests will appreciate back in 2012. The system is now used by customers in more than 85 countries. Last year, the number of Mews customers exceeded five thousand and over five billion USD were processed through the Mews Payments system.