Discord

discordapp.com

Social Media

Founded: 2015

Last Round Valuation: $15.2B

Discord is an app that enables friends and communities to connect through voice, video, and text, allowing them to bond and discover common interests. The app operates on a business model that doesn't involve the selling of user data or ads. Instead, it offers a premium subscription service called Nitro, which includes exclusive features such as higher quality streaming and customizations. In 2015, Jason Citron and Stanislav Vishnevskiy founded Discord, and it is based in San Francisco, California.

Discord Overview:

Discord is a communication platform that offers voice, video, and text chat for gamers and other communities. The platform is designed to help users connect and share interests in a safe and fun environment. Discord allows users to create and join communities called servers, which can be public or private, and can range from small groups of friends to large communities with thousands of members.

One of the key features of Discord is its voice chat, which provides high-quality, low-latency communication between users. This has made it a popular platform for online gaming communities, where communication is essential for success. In addition to voice chat, Discord also offers text chat and video chat, allowing users to communicate in a variety of ways.

Discord was founded in 2015 by Jason Citron and Stanislav Vishnevskiy. The company initially focused on building a gaming-focused communication platform, but it has since expanded to include communities around a wide range of interests. Discord has grown rapidly in popularity, and as of 2022, it has over 150 million registered users.

Discord has been successful in part because of its focus on user privacy and safety. Unlike many other communication platforms, Discord does not sell ads or user data. Instead, the company offers a premium subscription service called Nitro, which provides users with additional features and customizations.

Overall, Discord has become a popular platform for a wide range of communities, from gamers to hobbyists to professional organizations. Its combination of voice, video, and text chat, along with its focus on privacy and safety, has made it a valuable tool for connecting people around the world.

Founders:

  • Jason Citron

  • Stanislav Vishnevskiy.

Top Investors:

  • Index Ventures

  • Tencent

  • Greenoaks Capital

  • Greylock Partners

  • IVP

  • Spark Capital

  • Benchmark

  • Firstmark

  • Technology Opportunity Partners

  • Accel

Funding History:


Round DateInvestor NameInvestor TypeRound TotalValuation
Mar 2022Arcane GroupVenture Capital$10.9 MM$15.1 BN
Sep 2021Dragoneer Investment Group, LLCOther Investment Firm$500.0 MM$15.0 BN
Feb 2021Sony Interactive EntertainmentCorporate$3.3 MM$7.1 BN
Dec 2020Greenoaks Capital Management LLCVenture Capital$100.0 MM$7.0 BN
Jul 2020Index VenturesVenture Capital$100.0 MM$5.0 BN
Jan 2019Undisclosed Investors--$94.0 MM$3.5 BN
Dec 2018Greenoaks Capital Management LLCVenture Capital$150.0 MM$2.1 BN
Apr 2018BenchmarkVenture Capital$50.0 MM$1.7 BN
Jan 2017Index VenturesVenture Capital$50.0 MM$770.0 MM
Dec 2016Greylock PartnersVenture Capital$20.0 MM$250.0 MM
Feb 2015Accel PartnersVenture Capital$4.5 MM$45.0 MM
Nov 2014Mitch LaskyAngel / Individual$8.8 MM$30.0 MM
Jul 2012AccelVenture Capital$1.1 MM$3.5 MM

In the News:

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