Patent Pending

Cocktail Bar / Speakeasy Hospitalitypatentpendingnyc.com

Company typePrivate
Founded2018
HeadquartersNew York, United States
Headcount1–10
GTM typeB2C
OfferingServices

Patent Pending firmographics

Firmographics

Name: Patent Pending
Legal name: Patent Pending
Website: https://patentpendingnyc.com
Company type: Private
Founded year: 2018
Operating status: Operating
Headcount range: 1–10 employees
Ownership category
akta.pro rank

Patent Pending industry classification

Industry

Product category: Cocktail Bar / Speakeasy Hospitality
NAICS: Drinking Places (Alcoholic Beverages) (7224)
akta.pro primary industry: Spirits/Cocktail Bars Operated by Producers (THAFALAJ)

Keywords

Craft cocktail bar
Speakeasy nightlife
Private event venue
Cocktail making classes
Bar and lounge

Where Patent Pending is headquartered

Location

Headquarters

HQ city: New York
HQ country: United States
HQ region: North America

Offices1 record

Markets served

Patent Pending business model

Business model

GTM type: B2C
Offering type: Services
Cost components: Personnel, Supply Chain, Operations, Marketing or Sales, Others

Revenue model

Bar Sales - Cocktails: Craft cocktails priced $22-$34, featuring unique Tesla/radio wave themed drinks with premium spirits and innovative ingredients. Primary revenue driver.
Bar Sales - Wine, Beer, Champagne: Wine by glass ($18), beer ($10), champagne and prosecco ($16-$145). Complementary to cocktail menu.
Private Events: Private event bookings for corporate events, parties, celebrations. Full buyouts available including The Lab, Patent Pending, seeyamañana and seeyabajo combined for parties of 100+.
Cocktail Classes: Private cocktail classes in The Lab at Patent Pending. 90-minute sessions teaching three classic cocktails. $1,250 base for 2-6 people, $200/person additional.
Food Sales: Bites menu including Korean Fried Chicken Sandwich, Deviled Eggs, Lobster Bao Buns, Charcuterie Board, and desserts served during bar hours.

Pricing tiers

Model	Billing	Price
Unit Pricing	Pay-as-you-go	Cocktails - Standard
Unit Pricing	Pay-as-you-go	Champagne/Prosecco
Unit Pricing	Pay-as-you-go	Wine and Beer
Unit Pricing	Multi-year contract	Private Cocktail Classes
Other	Multi-year contract	Private Events/Buyouts

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Patent Pending product offering

Product offering

Core offering

Patent Pending operates an intimate Manhattan speakeasy cocktail bar in the cellar of the historic Radio Wave Building (Nikola Tesla's former residence). It sells craft cocktails ($22-$34), wine, beer, champagne, and a bites menu to walk-in guests, while also offering private event buyouts and private cocktail-making classes across connected venues Patent Coffee Cafe and The Lab.

Product overview

Patent Pending is a hospitality business comprising multiple distinct venues and services: the Patent Coffee Cafe (front-facing coffee shop and entrance), the Patent Pending Cocktail Bar (speakeasy with Tesla-inspired craft cocktails), and The Lab (a private event space). Additional offerings include private cocktail classes and full-space buyouts for events. The venue is inspired by Nikola Tesla and located in the historic Radio Wave Building where Tesla lived and conducted experiments in the late 19th century. Cocktails have been curated by industry veterans from Dead Rabbit and BlackTail.

Differentiator

Problem solved

Functional benefit

Brands

The Lab at Patent Pending: A hidden cavern connected through a natural arch inside Patent Pending, serving as a private event space with booth seating for 10-12, a dance floor, and five bar seats. Available for private events and intimate celebrations.

Products and services

Patent Pending Cocktail Bar A Manhattan speakeasy cocktail bar offering craft Tesla/radio wave themed cocktails ($22-$34), wine, beer, champagne, and a bites menu to walk-in guests and optional prix-fixe reservation guests during evening hours.
The Lab at Patent Pending

Companies that use Patent Pending

Customer profile

Segments3 records

Ideal customer profiles3 records

Patent Pending technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Patent Pending partnerships and signals

Strategic signal

Partnerships

Four partnerships are on record, tiered core and minor.

seeyamañanacoreOthersSister venue located next door to Patent Pending. Used for larger event buyouts when combined with Patent Pending and The Lab for parties of 100+.
agency of recordminorOthersSister venue on 40th and Park. Part of the same ownership group as Patent Pending.
Dead RabbitminorStrategic or Co-development PartnerIndustry veterans from Dead Rabbit (award-winning NYC cocktail bar) were involved in curating Patent Pending's cocktail program.
BlackTailminorStrategic or Co-development PartnerIndustry veterans from BlackTail (NYC cocktail bar) were involved in curating Patent Pending's cocktail program.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Patent Pending competitors and assessment

Company assessment

Broad incumbents

The Bar at Baccarat Hotel: Luxury-hotel cocktail bar in NYC with premium pricing and high-end clientele. Comparable in premium positioning and craft-cocktail execution, though supported by a larger hotel hospitality platform.
Bemelmans Bar: Iconic, historic NYC hotel cocktail bar within the Carlyle. Comparable as a storied, atmosphere-driven cocktail venue, though operating at broader luxury-hotel scale rather than as an independent speakeasy.

Direct peers

BlackTail: NYC cocktail bar whose veterans helped shape Patent Pending's program. Comparable as a craft-cocktail venue with similar premium positioning and guest experience.
The Dead Rabbit: Award-winning NYC cocktail bar whose veterans curated Patent Pending's cocktail program. Direct comparable as a high-end cocktail-focused venue operating in the same market with similar premium-mixology positioning.
Employees Only: Iconic NYC speakeasy-style cocktail bar. Directly comparable in format—hidden entrance, craft cocktails, late-night service—and target clientele seeking premium nightlife experiences.
Death & Co: Pioneering NYC craft cocktail bar with a reputation-driven, premium-mixology model. Directly comparable in product positioning and target guest profile.
Please Don't Tell (PDT): Well-known NYC speakeasy accessed via a hidden entrance inside a hot-dog shop. Comparable concept—intimate speakeasy with craft cocktails and a sense of discovery—serving a similar premium-nightlife audience.
Attaboy: Intimate, no-menu NYC cocktail bar focused on bespoke drinks. Comparable as a small-format, high-craft cocktail venue relying on bartender skill and word-of-mouth rather than scale.
Raines Law Room: NYC speakeasy-style cocktail parlor with private booths and craft cocktails. Comparable in intimate speakeasy format, late-night service, and experiential positioning.

Regional players

The NoMad Bar: Hotel cocktail bar located in the same NoMad neighborhood as Patent Pending. Comparable as a craft-cocktail venue serving a similar premium Manhattan guest base in the immediate vicinity.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Patent Pending financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Patent Pending leadership team

Management profile

Number of profiles

Patent Pending funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Patent Pending M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Patent Pending

What does Patent Pending do?

Is Patent Pending a public or private company?

Patent Pending is a private company. It is classified as unknown and is currently operating.

When was Patent Pending founded?

Patent Pending was founded in 2018. It employs 1 to 10 people.

Where is Patent Pending based?

Patent Pending is headquartered in New York, United States, in the North America region.

How does Patent Pending make money?

Five revenue lines are on record. Bar Sales - Cocktails are the primary driver. The others are bar Sales - Wine, Beer, Champagne, private Events, cocktail Classes and food Sales.

Who are Patent Pending's main competitors?

Broad incumbents on record are The Bar at Baccarat Hotel and Bemelmans Bar. Direct peers are BlackTail, The Dead Rabbit, Employees Only, Death & Co, Please Don't Tell (PDT), Attaboy and Raines Law Room. The NoMad Bar is listed as a regional player.

Does Patent Pending have an API?

No public API is recorded for Patent Pending.

What industry is Patent Pending in?

Patent Pending's product category is Cocktail Bar / Speakeasy Hospitality. Its primary akta.pro industry code is THAFALAJ, Spirits/Cocktail Bars Operated by Producers. Its NAICS code is 7224.