The Feed / Apple Podcasts · Mar 2025
Vivien Sin discusses how The Third Place helps hospitality businesses layer recurring revenue on top of their existing operations.
Subscriptions for neighborhood businesses
Company research
Public company, workplace, funding, and market signals
Overview
San Francisco-based hospitality/community software company that helps independent local businesses launch memberships, subscriptions, events, email/text marketing, e-commerce, and crowdfunding programs to turn regulars into recurring revenue. Public funding databases disagree on exact totals and round classification, but all point to a 2020-founded, Seed-stage company.
Primary product
Community software for local businesses, centered on memberships and recurring revenue programs.
Founded
2020
Headquarters
San Francisco, United States
Team size
1-10
Industry
Technology, Information and Internet
Sub-industry
Hospitality software
Business model
SaaS
Membership programs
Recurring subscriptions
Event ticketing
Email and SMS marketing
E-commerce
Crowdfunding
Funding
Stage
Seed
Total raised
$3.9M
Latest round
Convertible Note · Nov 2021
Latest amount
$3.2M
People & investors
Leadership
CEO and Co-founder
Co-Founder and CTO
Program Director
Work & culture
Founder-led, hospitality-first culture focused on artists and technologists, long-term relationships, community belonging, and helping neighborhood businesses grow without losing their character.
Product & market
Pricing
Tiered monthly pricing for marketing tools by contact count; custom pricing for larger programs and location complexity; month-to-month contracts for memberships; crowdfunding charged as a percentage of funds raised plus payment processing fees.
Differentiators
- —All-in-one modular platform for memberships, subscriptions, events, marketing, e-commerce, and crowdfunding
- —Built specifically for local brick-and-mortar hospitality businesses
- —Ownable guest database and customer data tooling
- —Member portal, house accounts, and text concierge workflows
- —Consultative setup with customizable program design
- —Integrates with existing POS, reservations, and websites
- —Supports recurring revenue and community building instead of one-off transactions
Technology
Google Analytics
Google Cloud CDN
Google Cloud DNS
Google Cloud Load Balancing
Google Workspace
Facebook Pixel
HTTP/3
PWA
Customers
restaurants
bottle shops
arts organizations
private clubs
retail stores
artisans
El Lopo
Saison Hospitality
Potential New Boyfriend
Atelier Crenn
Francie
Dalida
Old Skool Cafe
Competitors
Table22
Dorsia
Shopify
Tock
Scale & contact
Estimated revenue
$1M-$2M (Latka estimated $1.4M ARR in 2024)
Estimated monthly visits
21.7K
Traffic estimate as of Jun 2026
Latest news
HNGRY · Feb 2025
Explains how The Third Place is helping restaurants and hospitality operators create recurring membership revenue and community-driven experiences.
Vivien Sin on LinkedIn · Jan 2025
Public founder update describing early customer traction, El Lopo as the first membership customer, and the product's role in turning regulars into repeat visitors.
Jobs and careers at The Third Place
0 jobs at The Third Place
No open positions
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