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Hotel procurement startup Reeco secures $15m. in Series A funding

Hotel procurement startup Reeco has raised $15 million in Series A funding to revolutionize hotel procurement with a unified digital platform. The funding will support research and development, customer acquisition, and the expansion of sales and marketing teams. Reeco's platform combines procurement, inventory management, and accounts payable functions for hotels, featuring digital audits and live pricing. Leading hotel operators have reported improvements in profit margins and operational efficiency since implementing Reeco's platform.

Original article source: https://www.jpost.com/business-and-innovation/article-837758
Source Id: 8502323498

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