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- ๐ Mews raised $75M
๐ Mews raised $75M
News of the Day
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.
BREAKING: The S&P 500 has officially erased ALL of its post-election gains.
The index has now lost -$3.3 TRILLION since February 19th.
That's -$330 billion PER TRADING DAY for the last 10 days.
โ The Kobeissi Letter (@KobeissiLetter)
3:03 PM โข Mar 4, 2025
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