About

Recess.is provides a platform that simplifies the process of sponsoring both in-person and virtual events. It connects brands and marketing agencies with event organizers, allowing them to discover, book, and coordinate sponsorship opportunities easily. The platform is beneficial for advertisers aiming to reach specific audiences through event sponsorships, boasting a reach of 12 million audience members. Recess.is streamlines the entire sponsorship process by offering services such as event discovery, contract negotiation, payment handling, and logistics management all in one place. This centralized approach saves clients time and effort by reducing the need for extensive communication with multiple event organizers. The company generates revenue by charging fees to brands and agencies for sponsorship deals and to event organizers for listing their events. Recess.is aims to be a comprehensive solution for event sponsorship, enhancing efficiency and maximizing exposure for its clients.

Simplify's Take

What believers are saying

• The strategic partnership with WeWork expands Recess.is's network to nearly 200 new locations, enhancing its market presence.
• The $5 million Series A funding round led by Data Point Capital and Spring Mountain Capital indicates strong investor confidence and provides resources for further growth.
• The appointment of Brian Schwartz to the Board of Directors brings valuable expertise and leadership to the company.

What critics are saying

• The event sponsorship market is highly competitive, requiring Recess.is to continuously innovate to maintain its edge.
• Dependence on partnerships, such as with WeWork, could pose risks if these relationships falter.

What makes Recess unique

• Recess.is offers a centralized platform that streamlines the entire event sponsorship process, unlike traditional methods that require multiple points of contact.
• The platform's reach of 12 million audience members provides a significant advantage for advertisers looking to maximize exposure.
• Recess.is's standardized sponsorship inventory simplifies the comparison and selection process for clients, setting it apart from competitors.

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