Reeco logo — Procure-to-pay Simplified

Reeco

Procure-to-pay Simplified

Founded 2021 United States Miami, United States 38 employees Seed Total: $9.85M Hospitality

General Information

Company Name Reeco
Founded Year 2021
Location United States Miami, United States
Employees 38
Industries Hospitality
Funding Stage Seed
Social

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About Reeco

Reeco is revolutionizing the hospitality sector with its flagship offering, Procure-to-pay Simplified. Founded in 2021 and headquartered in the United States, the company delivers a seamless procurement experience through its integrated platform.

The platform allows businesses to purchase from multiple vendors with minimal effort, ensuring fast delivery and digital recipe management for real-time food cost tracking. Additionally, it features effortless inventory audits and consolidated payment handling, all designed to enhance operational efficiency within the hospitality industry.

Recently, Reeco secured an $8.00M Seed Round investment as of 28 March 2023. The funding round was supported by notable investors including Janvest Capital Partners, Wellborn Ventures, NET Capital Ventures, Eynat Guez, and Liron Petrushka. This financial endorsement underscores confidence in Reeco's innovative approach to streamlining procurement processes and its potential for significant impact within the hospitality domain.

Taxonomy: Hospitality marketplace, B2B marketplace, Inventory management, Digital procurement, Supply chain management, Hospitality industry, Food and beverage, Hotel management, Supplier management, Real-time inventory, Vendor payment, Business solutions, Technology in hospitality, Digital transformation, Procurement innovation

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $8.00M 5
Janvest Capital Partners, Wellborn Ventures +3
28 Mar 2023
Seed Round $1.85M 2
Wellborn Ventures, NET Capital Ventures
01 Jun 2021

Reeco Alternatives & Competitors

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FAQ About Reeco

Procure-to-pay Simplified
Reeco was founded in 2021.
Reeco is headquartered in Miami, United States.
Reeco operates in Hospitality. Its work centres on Hospitality marketplace, B2B marketplace, Inventory management and Digital procurement.
Reeco has approximately 38 employees.
Reeco has completed 2 funding rounds, raising a total of $9.85M. The latest funding stage is Seed.
Top alternatives and competitors to Reeco include Upstock, Fella Technology, Tried and Supplied, ToggleMarket, BeeCuick. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Reeco and Upstock are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Reeco, https://bouncewatch.com/company/reeco, updated 24 July 2026. When citing, please name BounceWatch and link this page.

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