Dorsia Debuts 'Culture Calendar'

- The launch event in Mexico City, called Sol A Sol, was an 18-hour, members-only experience held on a private helipad on February 8th to coincide with the Zona Maco Art Week. - Dorsia was founded in 2021 by Marc Lotenberg and is headquartered in Miami. The company recently secured $50.4 million in a Series A funding round, valuing the company at $146 million. - Key investors in the platform include Index Ventures, Meta's head of product Naomi Gleit, and Sweetgreen co-founder Jon Newman. Notable industry figures like David Grutman of Groot Hospitality and chef Mario Carbone are also backers. - The platform operates on a tiered membership model, with annual fees starting at $175 and going up to $25,000 for a premium-plus membership. Access to reservations at partner restaurants requires a pre-paid minimum spend per person. - Dorsia's business model aims to provide restaurants with a guaranteed revenue stream by allowing them to capitalize on high demand through dynamic pricing. The company reports that it pays its restaurant partners 60% faster than the industry standard. - The Culture Calendar will feature curated access to global events such as Fashion Weeks, the Cannes Film Festival, and Wimbledon. Future expansion plans for the platform include events around Coachella and Formula 1, with a launch in Mykonos planned for summer 2025. - The company has over 300 venue partners in cities including New York, Miami, London, Los Angeles, and Dubai. Dorsia's technology utilizes a patented payment system that allows for a seamless exit from venues and is exploring cryptocurrency integration. - Competitors in the exclusive reservation space include platforms like Blackbird Labs, Resy's Global Dining Access program for American Express cardholders, and the since-acquired app Tripnotes.