Recess

Simplifies event sponsorship for brands and organizers

Los Angeles, California, United States

About Recess

Recess.is simplifies the process of sponsoring both in-person and virtual events by providing a platform for brands and agencies to discover, book, and coordinate sponsorship opportunities with event organizers. The platform allows advertisers to reach specific audiences through event sponsorships, serving a diverse range of clients including brands, marketing agencies, and event organizers. Recess.is centralizes the sponsorship process by offering services such as event discovery, contract negotiation, payment handling, and logistics management, which saves clients time and effort. The company generates revenue by charging fees to brands and agencies for sponsorship deals and to event organizers for listing their events. With a reach of 12 million audience members, Recess.is aims to enhance the efficiency of event sponsorship and maximize exposure for its clients.

Los Angeles, CaliforniaHeadquarters
2016Year Founded
$7.9MTotal Funding
SERIES_ACompany Stage
Consulting, Enterprise SoftwareIndustries
11-50Employees

Benefits

Employee stock options
401k plan
Medical, dental, and vision benefits plan
Unlimited paid time off
Company annual education stipend
Company annual health, wellness, and events stipend
Quarterly company retreats
Company computer and home office equipment provided

Risks

Emerging experiential marketing platforms could dilute Recess's market share.
WeWork's financial instability may affect Recess's event locations.
Resurgence of COVID-19 could lead to event cancellations, impacting sponsorships.

Differentiation

Recess offers a centralized platform for event sponsorships, streamlining logistics and payments.
The platform connects brands with over 12 million audience members through event partnerships.
Recess provides turnkey item distribution and on-site activation for direct consumer engagement.

Upsides

Increased demand for hybrid events expands Recess's reach to wider audiences.
Data-driven marketing trends align with Recess's measurable ROI offerings.
Partnership with WeWork enhances Recess's presence in flexible workspaces.

Funding

Total raised$7.88 M
Latest valuation$25.00 M
StageSERIES_A