Companies · Other Technology

Discord Inc.

San Francisco · Other Technology · https://discord.com/company-information

Diligence memoA one-page analyst read on Discord Inc. — recommendation, valuation, rhythm, risks.
$913.9M
Total raised · real
6
Rounds
0.0×
Latest step-up
Top 1%
Sector rank · raised
Growth/Late
Latest stage · inferred · Tue Jan 17 2023 00:00:00 GMT+0000 (Coordinated Universal Time)

Discord Inc. looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.03× the median modeled value of Growth/Late Other Technology companies in 2022–2024 (10 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.5 yr ago; this sector typically re-raises about every 13 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Other Technology

Discord Inc. is one of 21292 Other Technology companies tracked from San Francisco. By capital raised it ranks among the largest (ahead of 100% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Read Discord's Impressum, statement of ownership, as well as company information.

Read Discord's Impressum, statement of ownership, as well as company information. Discord Inc. Discord Inc. 444 De Haro Street Suite 200 San Francisco, CA 94107 United States of America Phone: 888-594-0085 Email: support@discord.com Discord Customer Support: https://support.discord.com/hc/en-us/requests/new Authorized Representative Clint Smith, CLO Discord Inc. is a United States corporation incorporated and registered under the laws of the State of Delaware, USA. Registrar: 5128862, Department of State, State of Delaware. FEIN: 45-4908598 Discord Netherlands B.V. Discord Netherlands B.V. Schiphol Boulevard 195 1118BG Schiphol Netherlands Phone: +31 20 809 0400 Email: support@discord.com Discord Customer Support: https://support.discord.com/hc/en-us/requests/new Authorized Representative Tom Marcinkowski, Director Discord Netherlands B.V. is a Dutch private limited liability company (B.V.) incorporated and registered under the laws of the Netherlands. Chamber of Commerce No. 82229864, RSIN: 862385519.

Find Company Information online

Trades publicly as Company Information.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
3
Investors (latest)
2023-01-17
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0B$10.0B$15.0B$20.0BSeries C · 2018-12-21 Raised $94M (real) Modeled valuation $3.0B (est)$94M$3.0BSeries C2018Series D+ · 2020-06-30 Raised $100M (real) Modeled valuation $3.2B (est)$100M$3.2BSeries D+2020Series D+ · 2020-12-11 Raised $100M (real) Modeled valuation $2.8B (est)$100M$2.8BSeries D+2020Series D+ · 2021-06-28 Raised $104M (real) Modeled valuation $2.6B (est)$104M$2.6BSeries D+2021Growth/Late · 2021-09-09 Raised $500M (real) Modeled valuation $12.6B (est)$500M$12.6BGrowth/Late2021Growth/Late · 2023-01-17 Raised $16M (real) Modeled valuation $295M (est)$16M$295MGrowth/Late2023+$100M+$100M+$104M+$500M+$16MCumulative $914M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series C$94.0M · 2018
Series D+$100.0M · 2020
Series D+ extension$100.0M · 2020
Series D+ extension$104.1M · 2021
Growth/Late$500.0M · 2021
Growth/Late extension$15.7M · 2023

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 43%.

Modeled valuation trajectory
$294.5M
Base estimate est.
$120.4M
Conservative case
$426.5M
Upside case
$157.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Series C · modeled $3.0B · 2018-12-212018Series D+ · modeled $3.2B · 2020-06-30Series D+ · modeled $2.8B · 2020-12-11Series D+ · modeled $2.6B · 2021-06-28Growth/Late · modeled $12.6B · 2021-09-09Growth/Late · modeled $294.5M · 2023-01-172023
Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
88%
Survival probability
76% low · 95% high
1.24×/yr
Annual markup
1.35×/yr upside case
3.5 yr
Elapsed time used
3.5 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$224.3M/yr
Capital velocity
7.5 yr
On record since
2018
First round
6
Rounds on file
How it compares to the market

Benchmarked against 21292 companies in Other Technology. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 288× above median
This company$913.9M
Sector median$3.2M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 0.0× of median
This company$15.7M
Sector median$500.0M
Modeled value — vs sector median (estimate, all stages) 7.9× above median
This company$294.5M
Sector median$37.3M

Raised more than 100% of sector peers (real $). Modeled value above 88% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Growth/Late) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #10 of 10.

This companyCohort peer
$100.0M$1.0B$10.0B$100.0B$100.0M$1.0B$10.0BCapital raised (log)Ncino, Inc. · Growth/Late Raised $1.1B · modeled $21.6B (est)Lessen Inc. · Growth/Late Raised $965.8M · modeled $18.1B (est)Yellowstone Ultimate Holdings, LP · Growth/Late Raised $555.1M · modeled $10.8B (est)Makatuu Inc · Growth/Late Raised $1.4B · modeled $9.3B (est)HAG Holding Ltd · Growth/Late Raised $500.0M · modeled $8.9B (est)Aestas Management Company, LLC · Growth/Late Raised $495.9M · modeled $8.8B (est)Rally Topco, L.P. · Growth/Late Raised $601.8M · modeled $800.8M (est)Jamf Holding Corp. · Growth/Late Raised $582.6M · modeled $372.4M (est)ADT Inc. · Growth/Late Raised $664.7M · modeled $329.2M (est)Discord Inc. (this company) Raised $913.9M · modeled $294.5M (est)Discord Inc.
CompanyStageRaised · realValue · estvs peer med.
Ncino, Inc.Growth/Late$1.1B$21.6B2.44×
Lessen Inc.Growth/Late$965.8M$18.1B2.05×
Yellowstone Ultimate Holdings, LPGrowth/Late$555.1M$10.8B1.22×
Makatuu IncGrowth/Late$1.4B$9.3B1.05×
HAG Holding LtdGrowth/Late$500.0M$8.9B1.00×
Aestas Management Company, LLCGrowth/Late$495.9M$8.8B1.00×
Rally Topco, L.P.Growth/Late$601.8M$800.8M0.09×
Jamf Holding Corp.Growth/Late$582.6M$372.4M0.04×
ADT Inc.Growth/Late$664.7M$329.2M0.04×
Discord Inc. this companyGrowth/Late$913.9M$294.5M0.03×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series C$94.0M2018-12-21$626.7M$3.0B90%
Series D+$100.0M2020-06-30$833.7M$3.2B90%
Series D+$100.0M2020-12-11$833.7M$2.8B90%
Series D+$104.1M2021-06-28$867.3M$2.6B90%
Growth/Late$500.0M2021-09-09$5.0B$12.6B90%
Growth/Late$15.7M2023-01-17$157.5M$294.5M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series C$94.0M2018-12-21
    • First recorded raise — entered as Series C.
    • 11 investors on this round.
  2. Series D+$100.0M2020-06-30
    • Raised 18 mo later, in step with the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 14 investors on this round.
  3. Series D+$100.0M2020-12-11
    • Came back fast: 5 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 9 investors on this round.
  4. Series D+$104.1M2021-06-28
    • Came back fast: 7 mo vs the ~13 mo sector norm.
    • Round roughly the size of the prior one.
    • 71 investors on this round.
  5. Growth/Late$500.0M2021-09-09
    • Came back fast: 2 mo vs the ~13 mo sector norm.
    • Round 4.8× larger than the prior — scaling up.
    • 41 investors on this round.
  6. Growth/Late$15.7M2023-01-17
    • Raised 16 mo later, in step with the ~13 mo sector norm.
    • Round 31.7× smaller than the prior — bridge or down round.
    • 3 investors on this round.
Intelligence
2023 ~Q4
Modeled next raise · ~10mo cadence
$15.7M
Modeled next size est.range $15.7M$25.2M
0.0×
Last step-up
$224.3M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Danny Rimer15 other2023-01
Mitch Lasky8 other2020-06
Clint Smith3 other2020-12
David Sze3 other2020-12
Leslie Kilgore3 other2023-01
Josh Elman2 other2018-12
Amrita Ahuja1 other2023-01
Jason Citron1 other2018-12
Les Wright1 other2020-06
A. Peter Relan2018-12
Les Peter Wright2018-12
Stanislav Vishnevskiy2020-06
Stephen Gillett2020-06
Tomasz Marcinkowski2023-01
Registry & provenance

Discord Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1763840
SEC CIK
Recent activity

Discovered from discord — the partnerships, launches, hiring and press it publishes about itself. Evidence the company is alive and what it is doing now, not financial data.

Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Snapchat IncOther TechnologyGrowth/Late$3.0B$58.9Bnetwork1 shared operator · same sector · same stage
Medallia, Inc.Other TechnologySeries D+$338.5M$411.9Mnetwork1 shared operator · same sector
Eagle Parent Holdings, LLCOther TechnologyGrowth/Late$543.6M$305.4Msame sector · same stage
Figma, Inc.AI / MLGrowth/Late$715.5M$6.4Bnetwork1 shared operator · same stage
Linkedin CorpOther TechnologySeries D+$237.6M$3.8Bnetwork1 shared operator · same sector
DataStax, Inc.Other TechnologySeries D+$213.9M$955.4Mnetwork1 shared operator · same sector
Netflix IncOther TechnologySeries D+$200.0M$6.3Bnetwork1 shared operator · same sector
Square, Inc.Other TechnologySeries D+$145.4M$273.5Mnetwork1 shared operator · same sector
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Bot Mediation, Inc.OtherPre-Seed$2.6M67%
CP Atlas Parent Holdings, L.P.
Contact us by phone, or send us a message.
OtherGrowth/Late$11.2B67%
NFT Delegates LLCCrypto / Web3Pre-Seed$1.9M66%
Commonwealth Crypto, Inc.Crypto / Web3Seed$61.7M66%
Atlas Blockchain Group Inc.Crypto / Web3Pre-Seed$20.1M66%
Crypto Colo Center CorpCrypto / Web3Pre-Seed$15.9M65%
C2 Blockchain, Inc.Crypto / Web3Pre-Seed$596K65%
The New Money Company
Invoicing that pays you even if your buyer doesn’t
Fintech65%
Frequently asked
How much funding has Discord Inc. raised?
Discord Inc. has raised approximately $913.9M in disclosed capital across 6 recorded financing rounds, aggregated from public filings.
What is Discord Inc.'s estimated valuation?
Provath's modeled valuation for Discord Inc. is approximately $294.5M (modeled range $120.4M–$426.5M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Discord Inc. at?
Discord Inc.'s latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Tue Jan 17.
What does Discord Inc. do and where is it based?
Discord Inc. operates in the Other Technology sector, based in San Francisco. Read Discord's Impressum, statement of ownership, as well as company information.
Explore related

See where Discord Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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