Reeco

Private

Miami, FloridaEnterprise Softwarehttps://reeco.com/

Last Round

Series A

Jan 15, 2025

Total Funding Raised

$25M

Company Overview

Reeco is a business/productivity software company that provides an AI-driven procure-to-pay platform for the hospitality industry, designed to streamline procurement, inventory, and accounts payable.

Sector

Enterprise Software

Verticals

Vertical SaaS, Supply Chain, Accounting & Expense, Workflow Automation

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

procure-to-payhospitality softwareaccounts payable automationAP automationinventory managementback-of-house softwarevertical SaaSrecipe costingfood cost analysisinvoice processingrestaurant techhotel operationsprocurement softwareinvoice OCRback-office automation

Historical Pricing

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Reeco Comps

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Reeco comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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Reeco Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Series A	Jan 15, 2025
Seed	Mar 28, 2023

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Key People

Founding team and executive leadership

Omri Shalev

Co-Founder CTO

Founding Team

Reeco Investors

Notable investors and investment history

Reeco investors
Investor	Rounds
Aleph	Series A
Net Capital Ventures	Series A, Seed
Joule Ventures	Series A, Seed

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Reeco Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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Reeco Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersMiami, Florida

Employee Range71

Year Founded2021

Last FundingJan 15, 2025

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