Reeco Raises $10M For Ai Solution That Helps Hotels Tackle Systemic Procurement And Supply Chain Issues
Amount Raised
$10 Million
Round Type
Funding Round
MiamiHospitalityMarketplaceDescription
Reeco, the first-of-its-kind marketplace that connects hospitality buyers and suppliers, today announced the general availability of its solution and $10M in seed funding. Reeco provides a streamlined process for hotels and other hospitality buyers to order everything from food and beverage to cleaning supplies. The AI-powered marketplace offers near-perfect availability of products while substantially reducing costs. The funding round was led by Net Capital Ventures and Joule Ventures with participation from Eynat Guez, CEO of Papaya Global, and other high-profile angel investors.
Quick answer
Reeco raised $10 Million in a Funding Round round, dated March 28, 2023. Reeco is based in Miami, Florida, United States.
- How much did Reeco raise?
- Reeco raised $10 Million in a Funding Round round on March 28, 2023.
- What does Reeco do?
- Reeco is the leading AI-driven procure-to-play platform for the hospitality industry, transforming how hotels manage procurement, inventory, and accounts payable.
- Where is Reeco based and how big is it?
- Reeco is based in Miami, Florida, United States. Fundz records about 40 employees.
- Who are the decision-makers at Reeco?
- Fundz holds 1 contact at Reeco. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Hospitality and Marketplace around the same time
Companies in the same sectors as Reeco that raised within 45 days of this round, from Fundz verified event records.
- Rackle raised $216K (Pre-Seed) on March 3, 2023.
- Brigad raised $30M (Funding Round) on February 16, 2023.
- Rennaï raised an undisclosed amount on May 10, 2023.
- OpenFortune raised an undisclosed amount on May 4, 2023.
- Mr. Greens raised an undisclosed amount on May 2, 2023.
- SKYX Platforms raised $12M on April 28, 2023.
Who to call at Reeco, and when
A new round usually means Reeco is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Reeco raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Reeco, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Reeco. With Fundz connected, it knows.
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Fundz sees it the moment Reeco raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Reeco raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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