๐Ÿ“ Mews raised $75M

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Hotel management SaaS startup Mews has raised $75 million in fresh funding, led by Tiger Global with participation from Kinnevik, Battery Ventures, and Goldman Sachs. The Amsterdam-founded company now serves 6,300 hotels and processed $10 billion in payments last year, doubling its North American revenue as it expands globally. While travel demand remains strong, economic uncertainties and competition from players like Oracle and Cloudbeds add pressure. Mews is investing heavily in AI to enhance customer experience and plans to raise a larger funding round in the future as it pushes for greater market share.

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Chart of the Day

Invest with the art investment platform with 23 profitable exits.

How has the art investing platform Masterworks been able to realize an individual profit for investors with each of its 23 exits to date?

Hereโ€™s an example: an exited Banksy was offered to investors at $1.039 million and internally appraised at the same value after acquisition. As Banksyโ€™s market took off, Masterworks received an offer of $1.5 million from a private collector, resulting in 32% net annualized return for investors in the offering.

Every artwork performs differently โ€” but with 3 illustrative sales (that were held for 1+ year), Masterworks investors realized net annualized returns of 17.6%, 17.8%, and 21.5%.

Masterworks takes care of the heavy lifting: from buying the paintings, to storing them, to selling them for you (no art experience required).

Past performance not indicative of future returns. Investing Involves Risk. See Important Disclosures at masterworks.com/cd.

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