Funding Details
- Awarder
- WeFunder
- Date Award
- October 01, 2016
- Vertical
- Technology
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2014
- Traction
- Discotech has a 4.9/5 star review on both iOS and Android app stores, with over 6,000 combined reviews. They have partnered with major clubs and venues, with over 1,000 venues running their inventory on the platform in more than 50 cities.
- Revenue Amount
-
$7,000,000
- Founders
- Ian Chen, Mark Wu, Ian Bushong
- Company Description
- Discotech is the OpenTable for the U.S. nightlife market, offering a platform that provides access to over 11,000 nightlife venues in more than 50 cities. They have generated over $7M in gross revenue with a gross profit of approximately $875K in 2019. Discotech has a proven revenue model through VIP Table Sales, Ticket Sales, and Guest List Commission.
- Market
- Nightlife
- Location
-
Los Angeles,
CA,
US
- Coinvestors
- Wavemaker Partners
Links