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.