Skift Take

Mews, a startup selling hotel management software, earned unicorn status with its latest $110 million funding. The funding round placed a $1.2 billion value on the startup.

Mews has raised $110 million at a $1.2 billion valuation, the hotel tech startup said Monday.

Kinnevik, Europe's largest publicly listed startup investor, led the round. Existing investors Revaia, Goldman Sachs Asset Management, and Notion Capital also participated. LGVP became a new investor. 

"We are incredibly so bullish about how, in the age of AI, hospitality can become one of the biggest industries in t