P1 · research first
Reeco
Hospitality procure-to-pay software. Israeli hospitality procure-to-pay business.
Profile
- Sector
- Hospitality procure-to-pay software
- Geography
- Israel / United States
- Reported financing
- $15M Series A reported January 2025; cumulative funding totals differ across subsequent sources
Funding raised is not ARR or valuation.
- Funding stage
- Series A
- Public traction evidence
- 2026 press reporting describes deployments at 1,000+ hotel properties; this is not paying-customer count
- Revenue disclosure status
- Not publicly verified
- 2026 revenue
- Not publicly verified
- Research priority
- P1 Order of further research; analyst judgment from the research package, not a recommendation.
- Investment readiness
- Investability unconfirmed. Not yet underwritten
- Core diligence concern
- Confirm active paying entities vs properties, take rates, software/transaction mix, and latest financing
- Mandate-fit hypothesis (analyst judgment, unverified)
- Vertical software serving U.S. hotel operators with Israeli founders
No forecast or underwriting has been built for Reeco: public revenue and valuation data are not in the research package. The Medida forecast and its MOIC/IRR do not apply to Reeco.
Missing information
- Revenue
- Valuation
- Reconciled financing chronology ($15m Series A vs later $30m total)
Sourcing research collection
25-company desk screen. Each source supports only the stated funding, description and traction.
- Independent reporting Independent news report, published 2026-05 (reported)
https://www.ynetnews.com/business/article/sjdtdcleme (opens in new tab)
Scope: Funding, company description, and only the specific traction stated in public_traction_signal.
Original evidence records
Preserved from the original research file
Company press release, Jan 15 2025. Reliability: HIGH. Caveat: Revenue / valuation not public.
https://www.prnewswire.com/news-releases/reeco-raises-15m-series-a-round-to-modernize-hotel-procurement-with-ai-driven-procure-to-pay-platform-302351873.html (opens in new tab)Press, 2026. Reliability: MEDIUM. Caveat: Financing chronology not fully reconciled.
https://www.ynetnews.com/business/article/sjdtdcleme (opens in new tab)