Reeco

Purchasing Solution for the Hospitality Industry

Business Software
Active
Series A Tel Aviv-Yafo Founded 2021
Total raised
$25.0M
Last: Series A 2025-01
Stage
Series A
Founded
2021
Headcount
60
HQ
Tel Aviv-Yafo
Sector
Business Software

About

Reeco offers a smart shopping solution for the hospitality industry, including hotels, event venues, catering businesses, and nursing homes. Reecos solution is designed to help purchasing managers save time and money while eliminating product waste on every order.

Funding history · 4 rounds · $25.0M total

2025-01
Series A $15.0M
2023-03
Seed $10.0M
2021-05
Undisclosed Undisclosed
Date unknown
Undisclosed Undisclosed

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was Reeco founded and what is its primary focus?
Reeco was founded in May 2021 and focuses on providing a smart shopping solution for the hospitality industry, including hotels, event venues, catering businesses, and nursing homes.
What was Reeco's most recent funding round?
Reeco completed a Series A funding round in January 2025, raising $15,000,000. The round was led by Aleph.
What was the amount and lead investors of Reeco's Seed funding round?
In March 2023, Reeco raised $10,000,000 in a Seed round. The lead investors were Joule Ventures and Net Capital Ventures.
How many employees does Reeco currently have?
Reeco currently has 60 employees.
Where are Reeco's headquarters located?
Reeco's headquarters are in Tel Aviv-Yafo, Israel, with an additional office in Miami, Florida, USA.
What is the total amount of funding Reeco has raised to date?
Reeco has raised a total of $25,000,000 in funding.
What is the purpose of Reeco's platform for hotels, according to a July 2025 news report?
According to a July 2025 report, Reeco's platform aims to provide hotels with enhanced visibility and control over procurement processes, encompassing order placement, inventory tracking, culinary operations, and AP automation.
Who are the founders of Reeco?
The founders of Reeco are Henrik Shimony and Omri Shalev.

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareSales & Marketing Solutionse-Commerce Tools
Technologies
Platforms & InterfacesWeb
Target customers
Travel & TourismHospitalityHotelsEnterprise & Professional ServicesEnterprisesCommerce & RetailDistribution ChannelsSupply Chain
Business model
B2B