Reeco receives strategic investment from DVC to expand hotel AI procurement platform

On October 7, 2026, hospitality technology provider Reeco announced it received a strategic investment from Dallas Venture Capital (DVC) to accelerate the enterprise-level expansion of its AI-driven procure-to-pay platform across North American hotel asset portfolios. Follow-up reports on the same day stated that the investment is to accelerate the enterprise-level adoption of its AI-driven hotel back-office spend platform among hotel owners and management groups; the platform focuses on the procure-to-pay process, and DVC stated that this strategic partnership will drive Reeco's scaled deployment in the hospitality industry. The reports did not disclose details such as the investment amount, valuation, specific asset portfolio names, or expansion timeline.