What is Recess?
Recess operates as a sophisticated marketplace and management platform designed to simplify the lifecycle of event sponsorship. The company provides brands and agencies with a centralized hub to discover, contract, pay, and manage logistics with thousands of event organizers. By digitizing the fragmented event marketing sector, Recess enables seamless brand activation, allowing organizations to scale their physical presence through data-driven decision-making and automated procurement processes. Its market position is defined by its ability to bridge the gap between large-scale brand advertisers and diverse event inventory, effectively transforming how companies allocate their marketing budgets in the experiential economy.
How much funding has Recess raised?
Recess has raised a total of $5M across 1 funding round:
Series A
$5M
Series A (2022): $5M with participation from Data Point Capital and Spring Mountain Capital
Key Investors in Recess
Data Point Capital
A venture capital firm focused on investing in early-stage companies that demonstrate strong potential for disruption in the digital and consumer technology sectors.
Spring Mountain Capital
Spring Mountain Capital specializes in various investment strategies including growth equity, total return, private capital, municipal bonds, and social impact investing. They provide expansion capital for enterprise technology and healthcare companies across North America.
What's next for Recess?
With this major strategic investment, Recess is positioned to accelerate its product development and expand its footprint within the enterprise marketing technology sector. The company is expected to leverage this capital to enhance its platform capabilities, potentially integrating advanced analytics and automated reporting tools to provide deeper insights into sponsorship ROI. As the demand for high-impact, in-person brand experiences rebounds, Recess is well-equipped to capture additional market share by further automating the procurement and management of event-based marketing assets. Future growth will likely focus on scaling its network of event organizers and deepening its integration with enterprise-grade marketing stacks.
See full Recess company page
