Funding round
Mews Series A
Mews, which works in hospitality management software solutions in Amsterdam, raised $7.0M in a Series A round announced on 5 Jun 2018, led by Notion Capital. 3 firms took part. It is Mews' second venture round on record; the one before was a Seed in Nov 2016.
$7.0M
Amount raised
6,000,000 EUR converted
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 came 19 months after Mews' Seed. It is 1.7% of the $412M Mews has raised in the venture rounds on record. Mews raised again 14 months later: a Series B round of $33M in Aug 2019. 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 1 Nov 2016, led by Axivate Capital $1.6M
- Series A this round 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
Notion Capital led the round with 2 other firms.
Lead investor
- backs 64 venture-backed companies new investor
Also in the round
- backs 16 venture-backed companies new investor
- Thayer Ventures new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
818 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $8.0M, and this round was close to the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 20 Jun 2018 | $27M | $250M | Insight Partners |
| Tech Companies | 3 Jun 2018 | $20M | not disclosed | Index Ventures |
| Tech Companies | 11 Jun 2018 | $20M | not disclosed | not named |
| Tech Companies | 19 Jun 2018 | $15M | not disclosed | Madrona |
| Tech Companies | 12 Jun 2018 | $15M | $51M | Energy Impact Partners |
| Tech Companies | 18 Jun 2018 | $14M | not disclosed | GGV Capital |
| Tech Companies | 1 Jun 2018 | $13M | not disclosed | West Hill Capital |
| Tech Companies | 7 Jun 2018 | $12M | not disclosed | Atomico |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Mews raise in its Series A round?
Mews raised $7.0M in its Series A round, announced in Jun 2018.
Who led Mews' Series A round?
Notion Capital led it, with henQ and Thayer Ventures.
What was Mews' valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
818 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $8.0M, and this round was close to the median.
Did Mews raise again after this round?
Yes: a Series B round in Aug 2019 of $33M.