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Mews Secures $75M Funding to Expand Hotel Management Platform
300+ Words Refined into 3 Facts by AI • 1 source • 15m ago
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- Mews has raised $75 million in a funding round led by Tiger Global to expand its hotel management platform.1
- Mews currently serves 6,300 hotels and processes $10 billion worth of payments, doubling its volume from a year ago.1
- CEO Matt Welle indicated that Mews plans to raise a much larger round in a year or two following this funding.1
- Mews has been focusing on AI to enhance customer service and improve operational efficiency.1
- Mews has doubled its revenue in North America over the last year, indicating strong growth in that market.1
- Mews has raised $75 million in a funding round led by Tiger Global to expand its hotel management platform.
- The company currently serves 6,300 hotels and processes $10 billion worth of payments, doubling its volume from a year ago.
- CEO Matt Welle indicated plans to raise a much larger round in a year or two following this funding.