We’re taking nightlife from promoters and putting it back in the hands of club owners and their avid customers. It’s a win-win scenario for both customers and clubs who are now finally able to track their guests and aren’t losing money to dispersed middlemen. What Kayak.com did to travel agents, Discotech is doing to club promoters. We will be the mobile ticketing platform handling every entrance into the $26 billion U.S. club market and beyond.
The 65,000 clubs in the U.S. depend on club promoters: middlemen who take their cut of the pie and operate primarily through word-of-mouth. These 100,000+ individual promoters are difficult to manage, unreliable, and impossible to scale.
We’ve grown our club partnerships over 50% in the last year and had 5,000 new registered users in June alone. And we’ve doubled our booking amount since 2015, of which we earn up to 20% on commission.
We’ve partnered with the best clubs in the U.S. We have 7 of the top 10 clubs in the country. Just download Discotech and browse the most popular nightclubs in Las Vegas, Miami, Los Angeles, and San Francisco.
The nightlife space has long been plagued by inefficiency and non-transparent pricing. As avid nightlife customers, we here at Discotech have firsthand experience with the frustration and disappointment that comes with promoters and the traditional nightlife system. From these negative experiences, we realized there was an opportunity for a technology-driven company to streamline the process and bring transparency to nightlife.
Over the last few years, our team has validated the concept and we have proven that the business is viable. By focusing on delighting our customers, we have grown past 65,000 registered users – primarily via word of mouth. In March of this year, we were able to achieve monthly break-even, and our revenues have continued to grow month over month since then. We have demonstrated that our model works, and now we are looking to scale the business by increasing our marketing and improving the platform via a larger engineering team.
Going out with your friends is fun, however planning a night out is anything but. At Discotech, we believe that the nightlife industry is overdue for disruption and that a technological overhaul will solve the major problems in this space. We invite you to join us now as an investor and help us bring about the much needed change in this industry!
Much love,
Ian, Mark, and Ian
Mark Wu
Ian Bushong