About Recess
Recess is a company based in Los Angeles (United States) founded in 2010. It operates as a SaaS (Software-as-a-Service), and Managed Services. Recess has raised $8.85 million across 3 funding rounds from investors including Animal Capital, Full Tilt Capital and Data Point Capital. Recess offers products and services including Recess Platform and Managed Services. Recess operates in a competitive market with competitors including Fanomena, SponsorCX, HelpGetSponsors, Actioport and SponServe, among others.
- Headquarter Los Angeles, United States
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$8.85 M (USD)
in 3 rounds
-
Latest Funding Round
$5 M (USD), Series A
Nov 11, 2022
-
Investors
Animal Capital
& 11 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Recess
Recess offers a comprehensive portfolio of products and services, including Recess Platform and Managed Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A platform for scalable brand sampling campaigns.
Dedicated team support for brand activation campaigns.
Unlock access to complete
Funding Insights of Recess
Recess has successfully raised a total of $8.85M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $5.0M
-
First Round
First Round
(21 May 2018)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series A - Recess | Valuation | Data Point Capital , Spring Mountain Capital | |
| May, 2019 | Amount | Series A - Recess | Valuation | Foundrs.com , Full Tilt Capital |
|
| May, 2018 | Amount | Seed - Recess | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Recess
Recess has secured backing from 12 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Animal Capital, Full Tilt Capital and Data Point Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Tech focused VC firm investing in the US & the UK
|
Founded Year | Domain | Location | |
|
Venture capital fund focused on multiple sectors
|
Founded Year | Domain | Location | |
|
Aperiam Ventures is focused on adtech and martech investments.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Recess
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Recess
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Recess Comparisons
Competitors of Recess
Recess operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fanomena, SponsorCX, HelpGetSponsors, Actioport and SponServe, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Fanomena is engaged in providing SaaS solutions for personalized engagement.
|
|
| domain | founded_year | HQ Location |
Sponsorships and property inventories are managed via SaaS software.
|
|
| domain | founded_year | HQ Location |
Sponsorship management platform
|
|
| domain | founded_year | HQ Location |
Provides cloud-based software for event sponsorship management.
|
|
| domain | founded_year | HQ Location |
Cloud-based platform for sponsorship management in events is provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Recess
Frequently Asked Questions about Recess
When was Recess founded?
Recess was founded in 2010 and raised its 1st funding round 8 years after it was founded.
Where is Recess located?
Recess is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Recess a funded company?
Recess is a funded company, having raised a total of $8.85M across 3 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on May 21, 2018.
What does Recess do?
Recess is established as a brand activation platform focused on experiential marketing and sampling opportunities. It is utilized by brands to target specific audiences through innovative geo-targeting and retailer-targeting technology. Solutions are provided for product launches, retailer sales, brand awareness, and managing expiring products. Partnerships are formed with communities like Equinox, WeWork, and college campuses to enhance campaign reach. Comprehensive managed services are offered to strategize, execute, and report on campaigns without hidden fees.
Who are the top competitors of Recess?
What products or services does Recess offer?
Recess offers Recess Platform and Managed Services.
Who are Recess's investors?
Recess has 12 investors. Key investors include Animal Capital, Full Tilt Capital, Data Point Capital, Spring Mountain Capital, and Ben Hindman.