
RECESS.
The easiest way for brands to engage and acquire new customers via event and venue partnerships at-scale.
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | - | - | - | 19 % | 121 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Recess.is is a startup that simplifies the process of sponsoring both in-person and virtual events. The company operates in the advertising and event management market, providing a platform where brands and agencies can easily discover, book, and coordinate sponsorship opportunities with thousands of event organizers. This service is particularly beneficial for advertisers looking to reach specific audiences through event sponsorships.
Recess.is serves a diverse range of clients, including brands, marketing agencies, and event organizers. Brands and agencies use the platform to find and secure sponsorship deals, while event organizers list their events to attract potential sponsors. The platform boasts a reach of 12 million audience members, making it a valuable tool for advertisers aiming to maximize their exposure.
The business model of Recess.is revolves around providing a centralized platform that streamlines the entire sponsorship process. This includes discovering events, negotiating contracts, handling payments, and managing logistics. By offering these services in one place, Recess.is saves its clients significant time and effort, reducing the need for back-and-forth communication with multiple event organizers.
Recess.is makes money by charging fees for its services. These fees can come from brands and agencies looking to sponsor events or from event organizers who want to list their events on the platform. The company also offers standardized sponsorship inventory, making it easier for clients to filter and compare different sponsorship opportunities.
In summary, Recess.is is a one-stop solution for event sponsorship, catering to brands, agencies, and event organizers. It simplifies the sponsorship process, saves time, and increases the efficiency of reaching target audiences.
Keywords: event sponsorship, advertising, brands, agencies, event organizers, centralized platform, logistics, contracts, payments, audience reach.