Reeco Raises $10M Seed Round
Summary
MIAMI, FL, Reeco, the first-of-its-kind marketplace that connects hospitality buyers and suppliers, today announced the general availability of its solution and $10 million 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. Reeco is a first-of-its-kind marketplace that uses AI-based technology to streamline the ordering and receiving of supplies in the hospitality industry. The platform provides total freedom of choice and complete visibility into purchasing improving speed and efficiency while reducing cost and waste.
Funding
Amount
$10.0M
Total raised
Date
March 28, 2023
Announcement date
Investors
Video Island
Lead investors
Company
http://www.reeco.io
Funded company
Classifications
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applications
Business Intelligence
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