Dorsia
Founded 2021 · 131 employees on LinkedIn · 13 known investors
Dorsia is a members-only platform that provides access to hard-to-book restaurant reservations, tables, and invite-only cultural events worldwide. It targets high-end consumers seeking curated hospitality and lifestyle experiences.
Also known as Dorsia Members Club
Investors · 13
Also in the syndicate · 8
Funding
SEC filings, press & company announcements- Undisclosed amountSeed and Series AFeb 2025
Index Ventures (lead), Invus Group L
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Valuation · disclosed
Disclosed eventsSource: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.
Company profile
researched Aug 2026Dorsia operates a members-only mobile application through which approved members book reservations at high-demand restaurants and nightlife venues and access invite-only cultural events. Prospective members download the "Dorsia Members Club" app from the Apple App Store and complete an application that the company's membership team reviews, with referrals from existing members given priority. Bookings are confirmed by prepaying a locked-in minimum spend, which is applied in full to the final bill; the minimum spend is set by a supply-and-demand pricing model that factors in urgency, timing, availability and periods of high demand, and any spend above the minimum is settled at the end of the meal along with tax and gratuity. Tables typically open 30 days ahead of the reservation date, and members can submit custom requests for times, dates or party sizes not shown, with a credit-card pre-authorization released if the restaurant declines.
The platform layers a loyalty currency called Fun Coupons, priced at 100 Fun Coupons per US dollar, which are credited to a member's Dorsia Wallet monthly or quarterly depending on tier, are spendable on anything bookable in the app, and expire on a use-it-or-lose-it basis (30-day drops with 90 days of validity for Premium; a single upfront drop valid 12 months for Premium Plus). Cancellation rules return 100% of the minimum spend as Dorsia credit when cancelled 8 or more hours before the booking, 50% inside 8 hours, and nothing for no-shows, subject to venue-specific windows. A member code of conduct requires the named member to attend, prohibits transferring, selling or trading reservations, penalizes chronic lateness and requires adherence to venue dress codes. Beyond dining, the company has moved into events, and press coverage reports a patented payment feature, Dorsia Pay, intended to remove the wait for the bill at the end of a meal.
On the supply side, Dorsia positions itself to restaurants as a revenue-optimization channel: guaranteed minimum spends, elimination of no-shows and cancellations, diner insights and marketing support. Press coverage as of February 2025 described a network of more than 300 partner venues.
Founding story
Press coverage describes Dorsia as founded in 2022 by serial entrepreneur and chief executive Marc Lotenberg, framed around the premise that access to top restaurants and social venues is governed by inefficient and opaque systems, with the company aiming to make guaranteed access bookable in an app.
Business model
Dorsia intermediates between high-end restaurants and vetted consumer members. Members pay recurring subscription or membership dues for access and prepay a minimum spend to lock in each reservation, with 100% of the prepayment applied to the bill. Restaurants receive guaranteed minimum spends, reduced no-shows and cancellations, diner analytics and marketing support in exchange for supplying authorized inventory. Forfeited prepayments (late cancellations and no-shows) and premium tier dues, partly returned to members as Fun Coupons credit, are further elements of the model.
Tiered annual membership fees plus reservation prepayments. Company FAQ lists a basic subscription at $200 per year (noted as increasing), Premium at $5,000 per year including $4,000 of Fun Coupons value, and Premium Plus at $25,000 per year including $20,000 of Fun Coupons value; access for unsubscribed users is to be discontinued. Earlier press reported an entry-level tier at $175 per year and Premium Plus at $25,000 per year, launched in November 2024. Subscriptions are cancellable at any time without refunds, and access runs to the renewal date.
Traction
February 2025 press coverage reported more than 300 partner venues, revenue tripling in 2024, membership applications up 75% year over year, and record increases in bookings, restaurant GMV and revenue since the launch of paid membership in November 2024. The company's New York page lists 53 restaurant partners. Dorsia acquired the city-guide app Welcome and its ChatGPT-based trip planner Tripnotes in 2023.
Latest developments
Following the February 2025 funding announcement, Dorsia has been expanding its city roster and events business, with a Mexico City launch and a planned Mykonos debut in summer 2025. Membership terms have been revised: the basic subscription is listed at $200 per year with an increase flagged, access for non-subscribers is to be discontinued, loyalty benefits are planned for 2026, guaranteed 48-hour advance inventory for Premium members is listed as coming soon, and crypto payment for dues is described as not yet available.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Positions itself as an alternative to conventional reservation systems and informal resale channels by offering only authorized inventory with guaranteed access, and was described in February 2025 press coverage as operating a network of more than 300 partner venues across major and seasonal luxury markets at a reported $146 million valuation.
Guaranteed, authorized-only inventory with prepaid minimum spends rather than free reservations; demand-based pricing on tables; a members-only vetting and referral process; a Fun Coupons credit currency bundled into premium tiers; tier-based early inventory access windows (48 hours, 30 days seasonal for Premium; up to 90 days pre-season and reserved tables for Premium Plus); and restaurant-side revenue guarantees, no-show elimination and diner insights.
Technology
A consumer iOS application handling membership applications, inventory browsing, booking and wallet balances. Reservation pricing uses a supply-and-demand model comparable to travel-industry yield pricing, based on urgency, timing, availability and demand peaks. Custom-request flows use credit-card pre-authorizations released if a venue declines. Press coverage also cites Dorsia Pay, described as patented payment technology that removes the end-of-meal wait for the bill, and the company states crypto payment for dues is not yet supported.
Go-to-market
Invite- and application-based consumer acquisition through an iOS app, with member referrals prioritized in the approval queue, supported by tiered paid memberships. Supply is added city by city through direct restaurant partnerships pitched on revenue guarantees and no-show elimination. The company also uses owned events to enter markets, including a 2,000-person Sol Y Sol gathering in the Miami Design District during Art Basel, a Mexico City launch timed to the Zona Maco fair, and a Mykonos debut planned for summer 2025.
Affluent, frequent-dining and travelling consumers seeking access to high-demand restaurants, nightlife venues and invite-only events in global cities and seasonal luxury destinations; on the supply side, top-tier restaurant and venue operators in those markets.
Geography
Company site states current service in New York City and the Hamptons, London, Miami, Los Angeles, San Francisco and Wine Country, the South of France and Dubai, with a broader city list spanning North America (New York, Miami, Palm Beach, Mexico City, the Hamptons, Los Angeles, San Francisco, California Wine Country, Aspen, Boston, Chicago, Martha's Vineyard, and Saint Barthélemy marked as returning), Europe (London, Courchevel marked as returning, Ibiza, Monaco, Mykonos, Saint-Tropez, Cannes) and the Middle East (Dubai). The FAQ also cites the Amalfi Coast among seasonal destinations. New York alone lists 53 partner restaurants. Press coverage describes the company as Miami-based.
History
Dorsia acquired Welcome, a city guide app, and its ChatGPT-based trip-planning product Tripnotes in 2023; the Tripnotes website was shut down in mid-December 2023. The company launched a tiered membership model in November 2024, hosted the 2,000-person Sol Y Sol event in Miami's Design District during Art Basel, and announced $50.4 million raised across seed and Series A rounds on February 14, 2025, led by Index Ventures. It launched in Mexico City during the Zona Maco fair and scheduled a Mykonos debut for summer 2025.
Risks & controversies
Members forfeit 50% of the minimum table spend for cancellations inside 8 hours and 100% for no-shows, and subscription fees are non-refundable on cancellation, including forfeiture of membership fees if a member is suspended for selling or trading reservations. Fun Coupons expire on a use-it-or-lose-it basis and cannot be sold. Access for unsubscribed users is being discontinued. Several advertised features — loyalty earning, guaranteed 48-hour inventory access, crypto payment — are not yet live, and some markets (Saint Barthélemy, Courchevel) are listed as temporarily unavailable. Note that one aggregator page describes a differently domiciled 'Dorsia' travel-discovery company founded in 2016 at dorsia.io, which does not match this company's profile.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 6
launches, deals, and filingsDorsia announced $50.4 million in total funding across its seed and Series A rounds at a stated $146 million valuation, led by Index Ventures with participation from angel and hospitality investors.
$50.4M source ↗
Dorsia launched in Mexico City timed to the Zona Maco art fair as part of its global market expansion.
Dorsia scheduled a Mykonos launch for summer 2025 to strengthen its European summer destination coverage.
As part of an expansion beyond dining into events, Dorsia hosted Sol Y Sol, a 2,000-person gathering in the Miami Design District during Art Basel.
Dorsia introduced tiered paid memberships, reported at the time as an entry-level tier at $175 per year and a Dorsia Premium Plus tier at $25,000 per year with VIP dining, wine and entertainment benefits.
Dorsia purchased Welcome, a city guide app, and its ChatGPT-based trip planner Tripnotes; the Tripnotes website was shut down in mid-December 2023, several months after the sale.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- Restaurants | Dorsiadorsia.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Dorsia do?
- Dorsia is a members-only app for booking sought-after restaurant tables, nightlife venues and invite-only events worldwide.
- Who are Dorsia's investors?
- Dorsia's investors include Entrepreneur Ventures, FELIX CAPITAL, Atomic, Index Ventures, Red Sea Ventures.

