Funding round
Mews Seed
Mews, which works in hospitality management software solutions in Amsterdam, raised $1.6M in a Seed round announced on 1 Nov 2016, led by Axivate Capital. 3 firms took part. It is Mews' first venture round on record.
$1.6M
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
Mews did not disclose a valuation in this round. It is Mews' first venture round on record, 4 years after it was founded in 2012. It is under 1% of the $412M Mews has raised in the venture rounds on record. Mews raised again 19 months later: a Series A round of $7.0M in Jun 2018. Its next priced round, a Series C in Dec 2022, valued it at $865M.
Mews' funding rounds
Mews has 6 venture rounds on record and 1 other deal. This one is highlighted.
- Seed this round 1 Nov 2016, led by Axivate Capital $1.6M
- Series A 5 Jun 2018, led by Notion Capital $7.0M
- Series B 29 Aug 2019, led by Battery Ventures $33M
- Series C 15 Dec 2022, led by Kinnevik and Goldman Sachs Asset Management $185M$865M post-money
- Series D 4 Mar 2024, led by Kinnevik $110M$1.20B post-money
- Debt not a venture round 26 Sep 2024, led by Vista Equity Partners $100M$1.00B post-money
- Growth 4 Mar 2025, led by Tiger Global $75M
Investors
Who put money in
Axivate Capital led the round with 2 other firms.
Lead investor
- backs 2 venture-backed companies new investor
Also in the round
- backs 16 venture-backed companies new investor
- new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, scaling operations and working capital.
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
492 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $1.6M, and this round was close to the median. The closest in time, other companies' Seed rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 11 Nov 2016 | $3.8M | not disclosed | RRE Ventures |
| Tech Companies | 10 Nov 2016 | $3.4M | not disclosed | Founder Collective and Baseline Ventures |
| Tech Companies | 16 Nov 2016 | $2.6M | not disclosed | not named |
| Tech Companies | 15 Nov 2016 | $2.5M | not disclosed | not named |
| Tech Companies | 16 Nov 2016 | $2.5M | not disclosed | Acre Venture Partners |
| Tech Companies | 24 Nov 2016 | $2.3M | not disclosed | Target Partners |
| Tech Companies | 2 Nov 2016 | $2.2M | not disclosed | not named |
| Tech Companies | 4 Nov 2016 | $2.1M | not disclosed | General Catalyst |
Sources
Where this comes from
Reported by 3 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Mews raise in its Seed round?
Mews raised $1.6M in its Seed round, announced in Nov 2016.
Who led Mews' Seed round?
Axivate Capital led it, with henQ and ANGIN.
What was Mews' valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Tech Companies?
492 Seed rounds in Tech Companies within a year either side disclosed an amount; the median was $1.6M, and this round was close to the median.
Did Mews raise again after this round?
Yes: a Series A round in Jun 2018 of $7.0M.