Reeco

Purchasing Solution for the Hospitality Industry

Business Software
Private
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Company Overview

Snapshot

Founded in May 2021 by Henrik Shimony and Omri Shalev, Reeco operates with 51–200 employees. The company has raised $25 million across 4 disclosed funding rounds from 6 investors.

Business overview

Reeco provides a smart shopping solution tailored for the hospitality industry, including hotels, event venues, catering businesses, and nursing homes. Its platform is designed to optimize procurement processes, helping purchasing managers save time and money while reducing product waste. The company operates within the Business Software sector, focusing on e-Commerce Tools and Supply Chain solutions for enterprises in the hospitality market.

Strategic signal

This suggests a growing market demand for specialized software solutions that enhance efficiency and cost savings in the hospitality supply chain, positioning Reeco for continued expansion and product development.

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Company Intelligence Q&A

What is Reeco's primary offering?
Reeco offers a smart shopping solution specifically designed for the hospitality industry, aiming to help purchasing managers save time and money while eliminating product waste on every order.
When was Reeco founded and by whom?
Reeco was founded in May 2021 by Henrik Shimony and Omri Shalev.
Which industries does Reeco primarily serve?
Reeco primarily serves the hospitality industry, including hotels, event venues, catering businesses, and nursing homes, with its procurement marketplace.
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