Dasdak Company Profile

Background

Dasdak, Inc., headquartered in Washington, D.C., is a social commerce platform that enables businesses to offer mobile ordering and other mobile services to their customers. The company's mission is to enhance the customer experience by integrating multiple business functions into a single, affordable system. Dasdak's platform is designed to help businesses increase revenues, decrease costs, and streamline operations through a web-based system accessible via computers, tablets, and mobile phones.

Key Strategic Focus

Dasdak's strategic focus is on generating new revenue streams for clients through mobile services, with a particular emphasis on mobile ordering for food and beverage delivery to seats in venues. The company aims to generate over $1 million in new mobile sales for each client by enhancing the fan experience, improving app usage, and identifying anonymous fans at venues or those watching at home. Dasdak's solutions are utilized by clients such as the Washington Redskins, New Orleans Saints, DC United, DC Convention Center, and the New Orleans Pelicans.

Financials and Funding

As of the latest available data, Dasdak has not publicly disclosed specific funding details. The company operates on a revenue-sharing model, offering services without upfront licensing fees and sharing in the new revenue generated for clients. This approach minimizes financial risk for clients and aligns Dasdak's success with that of its partners.

Pipeline Development

Dasdak's primary offerings include mobile ordering solutions for food and beverage delivery within venues, as well as other mobile services designed to enhance customer engagement and revenue generation. The company is continually expanding its services to include fan engagement solutions that identify anonymous fans to drive ticket sales, sell dark suites, and monetize TV and stadium audiences. Future milestones include expanding relationships with existing clients, adding new clients, and pursuing strategic partnerships with large companies to further innovate in the sports industry.

Technological Platform and Innovation

Dasdak's platform integrates multiple business functions into a single web-based system, accessible via any computer, tablet, or mobile phone. Key features include:

Mobile Ordering: Enables customers to order food and beverages for delivery to their seats, reducing wait times and enhancing the fan experience.

Fan Engagement Solutions: Identifies anonymous fans to drive ticket sales, sell dark suites, and monetize TV and stadium audiences.

Data Analytics: Provides clients with valuable data on customer behavior, preferences, and purchasing patterns to inform marketing and sales strategies.

Dasdak's proprietary technologies and methodologies set it apart in the industry by offering a comprehensive, user-friendly platform that addresses multiple business needs.

Leadership Team

Swaptak Das – Co-Founder & Vice President of Business Development: With a background in consulting at Accenture and experience in business development at GameTimeConcepts, Swaptak leads Dasdak's business development efforts, securing key contracts with private companies and government agencies.

Panutat Khunachak – Co-Founder & Chief Information Officer: Panutat oversees the technological development and innovation of Dasdak's platform, ensuring the integration of multiple business functions into a cohesive system.

Matt Dumblauskas – Vice President of Operations: Matt manages the operational aspects of Dasdak, focusing on the implementation and execution of the company's services across various client venues.

Leadership Changes

As of the latest available information, there have been no significant recent changes or appointments within Dasdak's leadership team.

Competitor Profile

Market Insights and Dynamics

The market for mobile ordering and fan engagement solutions in venues is growing, driven by the increasing demand for enhanced customer experiences and the need for venues to generate additional revenue streams. The integration of mobile technologies into venue operations is becoming a standard practice, with companies like Dasdak leading the way in providing comprehensive solutions.

Competitor Analysis

Key competitors in the market include:

Bypass Mobile: Offers mobile point-of-sale and ordering solutions for sports and entertainment venues, with a focus on enhancing the fan experience and increasing operational efficiency.

FoodLogiQ: Provides traceability, food safety, and supply chain transparency solutions, catering to the food industry, including venues and restaurants.

Toast: Offers a restaurant management platform that includes point-of-sale, online ordering, and delivery solutions, serving a broad range of foodservice establishments.

Dasdak differentiates itself by offering a comprehensive, integrated platform that combines mobile ordering, fan engagement, and data analytics without upfront licensing fees, ensuring profitability for clients.

Strategic Collaborations and Partnerships

Dasdak has established strategic partnerships with several professional sports teams and venues, including the Washington Redskins, New Orleans Saints, DC United, DC Convention Center, and the New Orleans Pelicans. These collaborations have enabled Dasdak to implement its mobile services across various high-profile venues, demonstrating the scalability and effectiveness of its platform.

Operational Insights

Dasdak's operational strategy focuses on providing clients with a risk-free model by not charging upfront licensing fees and sharing in the new revenue generated. This approach ensures that clients see immediate profitability from implementing Dasdak's solutions. The company's emphasis on enhancing the fan experience through mobile ordering and engagement solutions positions it competitively in the market.

Strategic Opportunities and Future Directions

Looking ahead, Dasdak aims to expand its client base by adding new venues and exploring opportunities with strategic partners, including large technology companies. The company is also focused on further developing its data analytics capabilities to provide clients with deeper insights into customer behavior and preferences. By continuing to innovate and adapt to market demands, Dasdak is well-positioned to maintain its leadership in the mobile services industry for venues.