DALLAS, Sept. 30, 2020 (GLOBE NEWSWIRE) — Preciate, a platform designed to enable businesses and teams to foster and grow authentic relationships, announced today the launch of Preciate Social, the first virtual socializing platform for businesses and teams. Designed for the purpose of socializing, team building and fun, Preciate Social was built from the ground up to provide a fully immersive experience that replicates the atmosphere of real-life business socials and mixers. Using Preciate Social, companies and teams can now create premium, specially-curated virtual business socials that build relationships and engagement no matter where stakeholders are located. Previously in beta, Preciate has nearly 10,000 users from 1,700 companies such as AAA, SSI, Brock Solutions, National Science Foundation/Emory, and Dyno Nobel.
Every year, companies spend billions of dollars fostering relationships with employees, partners, stakeholders and clients. In 2019 alone, U.S. companies spent $139.3 billion on meetings, events, and incentive travel,