About RecSpot
RecSpot is a company based in New York (United States) founded in 2020 by Ian Obrien and Brandon Ralph. It operates as a Freemium. RecSpot has raised $200 thousand across 1 funding round. RecSpot offers products and services including RecSpot App. RecSpot operates in a competitive market with competitors including Pearltrees, Clipboard, BuddyTV, Duitang and Chakpak Media, among others.
- Headquarter New York, United States
- Founders Ian Obrien, Brandon Ralph
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Sectors
Media & Entertainment
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Phone
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Website
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Social
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- Legal Name Recspot Corp
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$200 K (USD)
in 1 rounds
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Latest Funding Round
$200 K (USD), Seed
Jul 21, 2021
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Investors
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Employee Count
Employee Count
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Products & Services of RecSpot
RecSpot offers a comprehensive portfolio of products and services, including RecSpot App. 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 sharing movie and restaurant recommendations.
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Funding Insights of RecSpot
RecSpot has successfully raised a total of $200K through 1 strategic funding round. The most recent funding activity was a Seed round of $200 thousand completed in July 2021. 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 1
- Last Round Seed — $200,000
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First Round
First Round
(21 Jul 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Seed - RecSpot | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by RecSpot
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - RecSpot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Recspot Comparisons
Competitors of RecSpot
RecSpot 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 Pearltrees, Clipboard, BuddyTV, Duitang and Chakpak Media, 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 |
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| domain | founded_year | HQ Location |
Web content is curated, bookmarked, and shared socially by users.
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| domain | founded_year | HQ Location |
Social bookmarking platform for clipping and sharing online content.
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| domain | founded_year | HQ Location |
An online TV guide and fan community platform is operated.
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| domain | founded_year | HQ Location |
Products are bookmarked and discovered via a social platform.
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| domain | founded_year | HQ Location |
Entertainment content sharing digital community
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about RecSpot
When was RecSpot founded?
RecSpot was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is RecSpot located?
RecSpot is headquartered in New York, United States. It is registered at New York, New York, United States.
Is RecSpot a funded company?
RecSpot is a funded company, having raised a total of $200K across 1 funding round to date. The company's 1st funding round was a Seed of $200K, raised on Jul 21, 2021.
What does RecSpot do?
RecSpot is managed as a mobile application focused on community-driven recommendations for movies, TV shows, and restaurants. Users are enabled to browse, rate, and share their favorite content and dining experiences with friends and social networks. Features such as creating and sharing curated lists, discovering new places, and organizing itineraries are provided to enhance user engagement in the entertainment and dining sectors.
Who are the top competitors of RecSpot?
RecSpot's top competitors include Pearltrees, BuddyTV and Clipboard.
What products or services does RecSpot offer?
RecSpot offers RecSpot App.