Discord

Hill Chart Shape

Overview

Discord
Sectors
Entertainment, Social
Headquarters
San Francisco, California, USA
CEO
Jason Citron
Discord raised $500.0M in a Series I Valuation at a $550.6244 price per share, amounting to a post-money valuation of $15.0B on September 9, 2021. PMI data indicates that Discord's shares have been trading at an 58.6% discount to their Series I Valuation based on institutional secondary market activity.
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Series I Valuation
Latest funding round
$15.0B
XXXXX
2021-09-09
XX-XX-XXXX
AV Implied Valuation
$6.2B
2024-12-16
AV Implied Valuation
XXXXX
XX-XX-XXXX
Change since Last Round
-58.60%
2021-09-09 ➞ 2024-12-16
Change since Last Round
XXXXX
XX-XX-XXXX
Secondary Activity
Medium
XXXXX
Volume
$121.26M
XXX
(90 day period)
Bid
XXX
Ask
XXX
Bid
$21.0M
Ask
$100.26M

“To create space for everyone to find belonging, empowering people to connect through seamless communication and fostering a sense of community.”

Founded in 2015 by Jason Citron, Discord is a communication platform based in San Francisco, California. It provides voice, video, and text communication services for communities and friends to interact and explore shared interests. Originally focused on gamers, Discord has expanded to serve a wide range of communities, including artists, study groups, and hobbyists. With over 150 million monthly active users, Discord has become one of the most popular communication platforms globally.

Business Model

Discord operates on a freemium model, offering its core communication services for free while generating revenue through its premium subscription service, Discord Nitro. Nitro provides users with enhanced features such as higher quality video, increased upload limits, and custom emojis. Discord's business model focuses on providing a robust and user-friendly platform without relying on ads or selling user data.

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Targeted Impact

Discord aims to revolutionize the way people interact online by providing a reliable and inclusive platform that fosters community and belonging.

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Who Will benefit?

Individuals and communities seeking a seamless and inclusive communication platform will benefit from Discord's services.

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What Comes Next?

Discord plans to continue enhancing its platform features and expanding its user base to support diverse communities worldwide.

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Discord Growth Timeline

Discord and Competition

Discord competes with other communication platforms such as Slack, Microsoft Teams, and Zoom. Its focus on community building and user-friendly communication tools sets it apart from competitors.

Key Partners

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