Discord

Discord

Voice, video, and text communication platform

About

Discord is a communication platform that allows users to connect through voice, video, and text. It serves as a space for friends and communities to gather and share their interests, accommodating a wide range of groups from artists to study teams. Users can join various active communities, known as servers, which number around 19 million and host 150 million monthly users. Discord operates without traditional advertising or selling user data; instead, it offers a premium subscription service called Nitro, which provides users with enhanced features like higher quality streaming and customization options. The goal of Discord is to foster a sense of belonging and community among its users.

Company Stage

Series H

Employees

1,001-5,000

Industries

Consumer Software, Social Impact

Total Funding

$952.6M

Headquarters

San Francisco, California

Founded

2015


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Simplify's Take

What believers are saying

  • Discord's revenue grew 44% in 2022, showcasing resilience in a challenging market.
  • Integration with AI moderation tools can enhance user experience and safety.
  • Collaborations with educational platforms position Discord as a key remote learning tool.

What critics are saying

  • Discord's revenue growth slowed in 2022, indicating potential market saturation.
  • Integrating Gas may alienate existing users if not managed carefully.
  • Decentralized platforms like SINOVATE pose a competitive threat to Discord's model.

What makes Discord unique

  • Discord offers a unique ad-free communication platform with a premium subscription model.
  • It supports diverse communities, from gamers to artists, enhancing its user base diversity.
  • Discord's acquisition of Gas expands its reach to a younger, teen-focused audience.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

-2%

Benefits

Stay healthy - We take care of our team with comprehensive Medical, Dental, and Vision plans.

Parental perks - Spend some quality time with the next generation with parental leave, fertility, adoption, and surrogacy benefits.

Kick back - Stay refreshed with over 19 paid holidays, use-what-you-need sick days, and four weeks of PTO.

Commute easy - In a non-COVID world, get up to $270 per month for your commuting and parking needs.

The loadout - When we’re back in the office, enjoy daily catered lunches and snacks, a desk fund to make your space yours, and whatever you need for your computer setup, including a headphone allowance.

Wellness on us - Take advantage of a quarterly wellness allowance for your gym membership or other wellness activities. Virtual yoga every week!

Transgender benefits - Discord will reimburse up to $20,000 for any procedure related to transition.

Discord HQ - Our office is located in Potrero Hill, a little neighborhood in San Francisco near awesome coffee and food.

Relocation - Excellent relocation bonuses for new hires moving to San Francisco (once it’s safe to return).

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