Vator Splash LA

Vator Splash LA

Competition:
Vator Splash LA
All contestants:
Discotech
Location: 6477 Deep Dell Place, Los Angeles, California, United States United States
Founded in: 2013
Stage: Revenue generating
Number of employees: 6-15
Funding history:
- Date: 09/2016, Seed: $1.2 M (post valuation: $6200000).
Investors: John Nahm, Jon Funk
- Date: 02/2014, Seed: $450 k (post valuation: $4000000).
Investors: John Nahm, Eric Bunting
Short URL: vator.co/discotech
Awards and mentions
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Discotech received a mention in a BBC travel article about Las Vegas
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Finalist of Vator Splash LA 2016 Global competition
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Discotech won the pitch contest at Techweek LA's Pycon Startup Row pitch competition in 2015.
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Discotech

Startup/business
Los Angeles, California, United States United States
http://app.discotech.me
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Company description

Discotech is the OpenTable for Nightlife.  Our free to download mobile app and website allows users to discover events, reserve VIP tables, purchase tickets, and sign up for guest lists to nightlife venues in different cities.  To date, we are partnered with over 950 venue partners across 45+ cities in 9 different countries.  Our mission is to bring efficiency and transparency to the grossly outdated nightlife space.  





Team
  • Ian Chen
    Ian Chen | Founder
    Born and raised in Potomac, Maryland. Ian graduated from Berkeley with degrees in IEOR and Business. He started his career as a management consultant at Bain and Co. After Bain, he worked as a Private Equity Associate at The Gores Group.
  • Mark Wu
    Mark Wu | Founder
    Born and raised in the bay area. UC Berkeley grad. Lived in SF for 5 years, Vegas for 8 months, LA for 3 years. Background in online marketing - SEO, PPC, Affiliate, Email. Started a mobile nightlife app called Discotech.
  • Ian Bushong
    Ian Bushong | Founder
Business model

We monetize via a commission model on VIP tables, tickets, and guest list generated for our venue partners.  

Competitive advantage

Our competitors are individual humans who are highly fragmented and lack scaleable distribution.  Discotech's mobile app on iOS and Android have a 4.9/5.0 star rating with over 6,600 ratings combined.  Our website also ranks highly for most nightlife related search terms.  

Investors
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Wavemaker - Unconfirmed
John Nahm
John Nahm - Unconfirmed
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Seraph Group - Unconfirmed
Jon Funk
Jon Funk - Unconfirmed
Jon Funk is the founder of Ocean Road Partners, a venture capital firm investing in early stage, information technology-enabled companies. He served as a Managing Director for Allegis Capital from its founding in 1996 until 2007, and represents A...
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Matt Thompson - Unconfirmed
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Kihong Bae - Unconfirmed
Eric Bunting
Founder and Managing Partner at Overbrook Capital. Active private investor and advisor, primarily in tech-enabled start-ups. Early investor in Funding Circle / Endurance Lending Network, Kabbage, Yapstone, Marin Software, Edmunds, MedRepublic...
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Jonathan Funk - Unconfirmed