What is Discord?
Discord Inc. is a private technology company that has revolutionized community interaction through its versatile communication platform. Initially gaining traction with gaming communities, Discord has expanded its reach to encompass creators, organizations, and various interest groups. The platform's core offerings include high-quality voice and video calls, text messaging, media sharing, and organized server structures, all accessible via web, desktop, and mobile applications. Its widespread adoption by millions of users globally solidifies its position as a leading digital communication hub.
How much funding has Discord raised?
Discord has raised a total of $879.3M across 8 funding rounds:
Angel/Seed
$1.1M
Series A
$8.2M
Series C
$20M
Series D
$50M
Series E
$50M
Series F
$150M
Series G
$100M
Unspecified
$500M
Angel/Seed (2012): $1.1M, investors not publicly disclosed
Series A (2013): $8.2M led by Benchmark Capital
Series C (2016): $20M supported by Tencent, YouWeb, Benchmark Capital, and Greylock Partners
Series D (2017): $50M featuring Greylock Partners, Benchmark, Spark Capital, and Index Ventures
Series E (2018): $50M, investors not publicly disclosed
Series F (2018): $150M with participation from Greenoaks Capital Group
Series G (2020): $100M led by Index Ventures
Unspecified (2021): $500M supported by Dragoneer Investment Group
Key Investors in Discord
Index Ventures
Index Ventures is a venture firm investing in the next generation of entrepreneurs from seed to IPO. They partner with founders with bold dreams that challenge the status quo to build enduring companies. With offices in San Francisco & London, Index Ventures invests in entrepreneurs all over the world. Generational Index-backed companies include Adyen, Datadog, Discord, Figma, Robinhood, and Roblox.
Benchmark
Benchmark is a venture capital firm known for its early-stage investments in technology companies. They focus on partnering with founders to build category-defining businesses.
Greylock Partners
83North is a global venture capital firm managing over $2.2 billion and focused on investing in exceptional entrepreneurs. The firm supports companies at all stages with the goal of developing global category leaders. With a portfolio featuring numerous successful exits and unicorns, 83North adopts a unique approach to help companies scale. Its intended clients are innovative startups and entrepreneurs aiming for significant growth and market impact.
What's next for Discord?
The substantial enterprise-level backing Discord has received positions it for continued expansion and innovation. This major capital injection is likely to fuel further development of its platform features, enhance user experience, and potentially explore new market segments. Strategic investments of this magnitude often signal an intent to scale operations, increase market share, and solidify competitive advantages. Discord's ability to attract significant investment suggests strong investor confidence in its business model and its capacity to evolve within the dynamic digital communication sector.
See full Discord company page
