Reeco

Reeco

Marketplace for hospitality procurement, optimizing purchasing efficiency and sustainability with over 2M products.

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DateInvestorsAmountRound
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$15.0m

Series A
Total Funding000k

Financials

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Revenues, earnings & profits over time
USD2022
Revenues0000
EBITDA0000
Profit0000
EV0000
EV / revenue00.0x
EV / EBITDA00.0x
R&D budget0000

Source: Dealroom estimates

More about Reeco
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Reeco operates a comprehensive marketplace tailored for the hospitality industry, focusing on streamlining procurement processes for purchasing managers. The platform empowers users to efficiently shop for a wide range of products, from food ingredients to sanitary supplies, ensuring they stay within budget while meeting business objectives. Reeco's business model revolves around connecting buyers and suppliers, facilitating smarter purchasing decisions that enhance profitability and sustainability. By leveraging technology, Reeco simplifies procurement, making it accessible to various roles within the hospitality sector, including chefs, housekeeping, and owners. The company generates revenue by providing a platform that saves time and reduces costs on every order, offering a win-win solution for both operators and distributors. Reeco's marketplace is designed to handle fast-moving goods, providing a robust ecosystem that supports efficient and profitable transactions.

Keywords: hospitality, procurement, marketplace, purchasing, efficiency, sustainability, budget, suppliers, ecosystem, profitability.

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