Finance > Venture Deals Database > Venture Transactions Database > Monthly Deals (All) > November 2022 VC Transactions
Recess

Tech Company Financing Transactions

Recess Funding Round

Data Point Capital, Spring Mountain Capital and Animal Capital joined a $5 million Series A capital raise for Recess. The round was announced on 11/11/2022.

Transaction Overview

Company Name

Recess

Announced On

11/11/2022

Transaction Type

Venture Equity

Amount

$5,000,000

Round

Series A

Investors

Data Point Capital (Lead Investor) (Geoff Oblak)

Spring Mountain Capital (Lead Investor) (Raymond Wong)

Animal Capital

AperiamVentures

private investors (Ben Hindman)

private investors (Griffin Johnson)

private investors (Josh Richards)

private investors (Marc Simons)

private investors (Mark Cuban)

private investors (Noah Beck)

Proceeds Purpose

The new funding will be used to further develop its programmatic targeting capabilities, advanced analytics offerings, and to expand its marketing, sales, and engineering teams.

Company Information

Company Status

Private & Independent

Industry

MarTech

Mailing Address

2017 Pacific Ave.
Venice, CA 90291
USA

Phone

Undisclosed

Website

www.recess.is

Email Address

[email protected]

Overview

Recess is an experiential growth marketing platform helping advertisers engage and acquire new customers via event and venue partnerships at-scale. This all-in-one solution allows brands and agencies to discover, execute, and measure experiential partnerships with thousands of events and venues, using a single platform.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Jack Shannon

Browse more venture capital transactions:

Prev: 11/11/2022: Spintly venture capital transaction
Next: 11/11/2022: Brightside venture capital transaction

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About Our VC Transactions Data

We do our best to report on tech company VC transactions. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

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