Reeco raised $15M in a Series A funding round led by Aleph VC to enhance its AI-powered procure-to-pay platform for hoteliers.
Amount Raised
$15 Million
Round Type
Series A
MiamiHospitalityMarketplaceInvestors
Description
Reeco has successfully raised $15 million in Series A funding to continue developing its AI-powered procure-to-pay platform designed for the hospitality industry. This funding follows a previous seed round of $10 million, bringing their total funding to $25 million.
Quick answer
Reeco raised $15 Million in a Series A round, dated January 15, 2025. Investors: Aleph VC. Reeco is based in Miami, Florida, United States.
- How much did Reeco raise?
- Reeco raised $15 Million in a Series A round on January 15, 2025.
- Who invested in Reeco?
- Aleph VC is named as investors in this round.
- 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.
- Pickle Poll raised $11M on February 28, 2025.
- Leta raised $8.2M on February 27, 2025.
- Kaffea-X raised $1.9M on February 24, 2025.
- InfraSight Software raised $415K (Seed) on February 22, 2025.
- Koala raised $15M (Series A) on February 19, 2025.
- PropHero raised $25M (Series A) on February 18, 2025.
Who to call at Reeco, and when
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- 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
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Funding Insights
What this usually meansReeco 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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