Recess Overview
- Year Founded
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2010
- Status
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Private
- Employees
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29
- Latest Deal Type
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Series A
- Latest Deal Amount
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$6M
- Investors
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34
Recess General Information
Description
Developer of a partnerships platform designed to engage and acquire new customers via event and venue partnerships at scale. The company's platform connects brands with live events and targeted sponsorship opportunities and helps users find, book, and coordinate thousands of live events through one platform, enabling clients to easily contact a variety of customers via event marketing at scale.
Contact Information
Website
www.recess.isCorporate Office
- 578 Washington Boulevard
- Suite 661
- Marina del Rey, CA 90292
- United States
Corporate Office
- 578 Washington Boulevard
- Suite 661
- Marina del Rey, CA 90292
- United States
Recess Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC (Series A) | 09-Nov-2022 | $6M | Completed | Generating Revenue | ||
| 5. Secondary Transaction - Private | 01-Apr-2022 | Completed | Generating Revenue | |||
| 4. Seed Round | 29-Oct-2019 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 05-Jun-2018 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 01-Jan-2018 | $1.16M | Completed | Generating Revenue | ||
| 1. Seed Round | 23-Feb-2016 | $1.16M | $1.16M | Completed | Startup |
Recess Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-1 | ||||||||
| Series A | ||||||||
| Seed 2-B | ||||||||
| Seed 2-A | ||||||||
| Seed 2 | 10,978,393 | $0.000100 | $0.31 | $0.31 | 1x | $0.31 | 15.18% | |
| Seed | 4,335,103 | $0.000100 | $0.27 | $0.27 | 1x | $0.27 | 5.99% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Recess Comparisons
Industry
Financing
Details
Recess Competitors (32)
One of Recess’s 32 competitors is Brandcrush, a Formerly VC-backed company based in South Melbourne, Australia.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Brandcrush | Formerly VC-backed | South Melbourne, Australia | ||||
| Kit | Venture Capital-Backed | Boise, ID | ||||
| Brevo | Venture Capital-Backed | Paris, France | ||||
| ActiveCampaign | Private Equity-Backed | Chicago, IL | ||||
| Peekage | Accelerator/Incubator Backed | Toronto, Canada |
Recess Signals
Recess Investors (34)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| 468 Capital | Venture Capital | Minority | ||
| Animal Capital | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Data Point Capital | Venture Capital | Minority | ||
| Angel (individual) | Minority |
Recess FAQs
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When was Recess founded?
Recess was founded in 2010.
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Where is Recess headquartered?
Recess is headquartered in Marina del Rey, CA.
-
What is the size of Recess?
Recess has 29 total employees.
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What industry is Recess in?
Recess’s primary industry is Business/Productivity Software.
-
Is Recess a private or public company?
Recess is a Private company.
-
What is the current valuation of Recess?
The current valuation of Recess is .
-
What is Recess’s current revenue?
The current revenue for Recess is .
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How much funding has Recess raised over time?
Recess has raised $14.7M.
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Who are Recess’s investors?
468 Capital, Animal Capital, , Data Point Capital, and are 5 of 34 investors who have invested in Recess.
-
Who are Recess’s competitors?
Brandcrush, Kit, Brevo, ActiveCampaign, and Peekage are some of the 32 competitors of Recess.
Data Transparency
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