Tuesday, January 2, 2024

The startup - Alibi (Website & LinkedIn)

The founders - Allan Svirsky, Burhan Syed, Mohammed Mian, and Rayan Abad

The nugget - looking for introductions to general managers at nightclubs.

The startup

Alibi helps nightclubs and partygoers. Clubs get tools to boost sales, manage operations, and gain customer insights. Partygoers get an easy-to-use app to discover, book, and enjoy the best nightlife experiences in the city.

Industry: Hospitality
Headquarters: Toronto
Year founded: 2023
Employee Count: 10
Funding: Bootstrapped
Business Model: 1) monthly fee to access the Alibi platform, 2) advertising revenue from nightclubs marketing to their customer base on the platform, and 3) commission revenue from bookings.
Early Traction: Work with 4 nightclubs in Ontario and piloted with Isabelle's.

Competitors:

• Discotech - a nightlife discovery and concierge platform.

• Lineleap - backed by Highland Capital Partners, Alumni Ventures Group, Y Combinator and more.

• Tablelist - backed by angel investors ($2M raised).

The founders

Allan Svirsky (Co-Founder). LinkedIn.

Burhan Syed (Co-Founder & CEO). LinkedIn. Email.

Mohammed Mian (Co-Founder & CTO). LinkedIn.

Rayan Abad (Co-Founder & Designer). LinkedIn.

The problem they see: Nightclubs don’t have an accurate way of knowing how many guests each promoter gets to come to the club. They rely on notepads and a “promoter’s word” to keep track of bookings per promoter. This is important for clubs because it impacts promoter commission payouts and promoters can drive up to 70% of all bookings for a club.

How they solve it: They built a platform - think Salesforce meets OpenTable - for all-in-one venue booking and client data management. This means nightclubs can attribute sales to each promoter and streamline the partygoer experience.

The nugget - how you can help

If you’re interested in startup jobs…

Alibi finished hiring a new round of developers and doesn’t have open roles.

Use this link to set up a LinkedIn job alert for Alibi when they start hiring again.

If you’re an investor…

Reply to this email if you’re interested in meeting with Alibi and I’ll connect you to the team.

If you’re interested in helping Alibi find new customers…

Forward this email to managing partners at clubs you know.

Happy panning, 
David Riley
Chief Batea, Klondike

Know a founder who wants to be featured? Introduce us at [email protected]