Recess

Recess

Platform for event sponsorship management

About Recess

Simplify's Rating
Why Recess is rated
C+
Rated C on Competitive Edge
Rated C on Growth Potential
Rated B on Rating Differentiation

Industries

Consulting

Enterprise Software

Company Size

11-50

Company Stage

Series A

Total Funding

$7.9M

Headquarters

Los Angeles, California

Founded

2016

Overview

Recess.is provides a platform that simplifies the process of sponsoring in-person and virtual events, allowing brands and agencies to easily discover and book sponsorship opportunities with event organizers. The platform centralizes tasks such as negotiating contracts, handling payments, and managing logistics, which saves clients time and effort. Recess.is serves a diverse range of clients and boasts a reach of 12 million audience members, making it a valuable tool for advertisers. The company's goal is to enhance the efficiency of event sponsorship and maximize exposure for its clients.

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Simplify's Take

What believers are saying

  • Increased demand for hybrid event solutions expands Recess's virtual sponsorship capabilities.
  • Growing interest in data-driven marketing attracts brands focused on measurable ROI.
  • Expansion into flexible workspaces with WeWork offers new experiential marketing opportunities.

What critics are saying

  • Dependence on large retailers like Dollar General poses risks if partnerships underperform.
  • WeWork's financial instability may affect Recess's strategic partnership and flexible workspace ventures.
  • Shift towards digital experiences could reduce demand for in-person experiential marketing.

What makes Recess unique

  • Recess offers a centralized platform for event sponsorship, streamlining logistics and payments.
  • The platform provides smart targeting and measurement tools for data-driven marketing strategies.
  • Recess's partnership with Dollar General emphasizes local engagement and community-driven marketing.

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Funding

Total Funding

$7.9M

Below

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$5M
Recess
$8.2M
Discord
$15M
Canva
$100M
GitHub

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

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

-3%
PR Newswire
Feb 25th, 2025
Recess To Partner With Dollar General On Experiential Marketing Through Dgmn

Recess Experiential Network will use retailer and audience-targeting technology to expand brands' and retailer's reach into Dollar General's local communities.LOS ANGELES, Feb. 25, 2025 /PRNewswire/ -- Recess, the leading experiential marketing platform, today announced an exclusive category partnership with Dollar General Media Network (DGMN) that will allow DGMN advertisers to utilize experiential sampling opportunities to reach Dollar General shoppers in their local communities. The new partnership will enable DGMN's brand partners to employ the Recess Experiential Network to hyper-target Dollar General customers in their everyday lives through community-driven sampling programs to build brand trust. "The best way to build brand loyalty is during lifestyle moments, not when you're doing a routine stock-up at the store," says Jack Shannon, CEO and co-founder of Recess. "When you're out of that checklist-driven shopping mindset, and in the community at an event, you're more open to trying new things, especially when you're given a sample. There's something compelling about discovering new products in your everyday life from people you trust."

PRWeb
Mar 6th, 2023
Recess Announces The Appointment Of Brian Schwartz To Board Of Directo

Recess is transforming the experiential marketplace by enabling CPG brands to be more targeted, efficient and measurable with their field marketing spend. .

MarketScreener
Jan 20th, 2023
WeWork : Recess and WeWork Announce Strategic Partnership to Bring Experiential Brand Partnerships to Flexible Workspaces | MarketScreener

Los Angeles, CA - January 20, 2023 - Recess, a leading experiential marketing platform, today announced the launch of a sales and technology partnership with WeWork that brings nearly 200 WeWork locations into its network.

BevNET
Nov 11th, 2022
Experiential Marketplace Recess Raises $5M Series A

Recess, the leading experiential marketing platform connecting brands with events and venues, announced its $5 million Series A led by Data Point Capital and Spring Mountain Capital. The round brings the total raise by the company to $11.5 million.

Recess
Oct 29th, 2021
RECESS launched Welcome Home College Bag on Jan 1st 21'.

In 2021, Recess launched the Welcome Home College Bag, in partnership with 9 brands and universities across the country, to welcome students back to campus.

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