Discord

Discord

Voice, video, and text chat for communities

Overview

Discord provides a voice, video, and text chat platform that helps friends and communities connect and hang out online. It supports organizing conversations in servers, with channels for different topics, and offers features for voice and video calls, messages, and streaming. Discord works by letting users join communities (servers), participate in real-time chats, and share media and screens. It differentiates itself by not selling user data or running ads, and by offering a Nitro premium subscription that adds perks like higher quality streams and cosmetic customization. The company’s goal is to help people feel like they belong and can explore their interests through shared spaces and conversations.

About Discord

Simplify's Rating
Why Discord is rated
B-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Consumer Software

Company Size

1,001-5,000

Company Stage

Series H

Total Funding

$979.3M

Headquarters

San Francisco, California

Founded

2015

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Simplify's Take

What believers are saying

  • January 2026 confidential IPO filing signals management is preparing public-market financing.
  • May 2026 Nitro Rewards added Game Pass, Logitech, SteelSeries, and KontrolFreek perks.
  • Discord Shop launched in-app purchases with Marvel Rivals, creating a new revenue stream.

What critics are saying

  • Nevada sued Discord on May 5, 2026 for child-safety failures and deceptive practices.
  • Bucks County expanded similar litigation on June 8, 2026, extending nationwide discovery pressure.
  • Age verification rollout was delayed in 2026; one severe safety scandal can kill IPO timing.

What makes Discord unique

  • Discord built 19 million servers around persistent community, not feed-driven broadcasting.
  • Nitro, Orbs, and Shop monetize without ads or selling user data.
  • Xbox partnership embeds Game Pass and commerce directly inside social chat.

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Funding

Total Funding

$979.3M

Above

Industry Average

Funded Over

9 Rounds

Series H funding comparison data is currently unavailable. We're working to provide this information soon!
Series H Funding Comparison
Coming Soon

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).

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-1%
TechCrunch
May 11th, 2026
Discord Nitro subscribers gain free Xbox Game Pass access through new rewards program

Discord has launched Nitro Rewards, giving its Nitro subscribers access to perks from gaming and lifestyle brands at no additional cost. The programme is available for both Nitro Basic ($2.99 monthly) and Nitro ($9.99 monthly) subscribers. At launch, Nitro Rewards includes access to Xbox Game Pass's base tier, offering over 50 PC and Xbox games plus 10 hours of cloud gaming. Subscribers also receive 15-30% discounts on gaming hardware from Logitech G, SteelSeries and KontrolFreak, with more partnerships planned. "This is about doubling down on [Nitro] and providing more value," said co-founder Stanislav Vishnevskiy. The initiative aims to improve retention by enhancing subscriber value. Nitro is Discord's biggest revenue contributor and has grown steadily year-on-year. Discord now has over 90 million daily active users.

ZoomBangla
Dec 3rd, 2025
Discord launches in-game purchases with Marvel Rivals ahead of potential IPO

Discord has launched in-game purchasing tools, allowing users to buy digital game items directly within the app. The move comes as the company reportedly prepares for an initial public offering. Marvel Rivals is the first partner for the new shop feature, with its Discord server hosting over four million members. Players can purchase bundles, costumes and emotes without leaving Discord. The feature includes wishlist functionality, enabling users to gift in-game items via direct message. Currently available only on Discord's desktop app in the US, Canada, UK, Ireland and Oceania, the commerce layer represents a significant revenue diversification strategy. The feature provides game developers with an additional sales channel whilst keeping users engaged within Discord's ecosystem.

The Information
May 4th, 2023
Discord’s Revenue Growth Slows to 44% in 2022

Many tech firms saw meager revenue growth, or even a decline, last year as the digital ad market stalled and businesses cut back spending on software. Messaging startup Discord was an exception. Discord, which makes money from subscription fees, lifted revenue 44% to $445 million last year, ...

The Verge
Jan 17th, 2023
Discord acquires Gas, the popular app for teens to compliment each other

Gas will remain a standalone app at Discord.

Business Wire
Dec 7th, 2021
Holaplex Announces $6 Million Seed Round To Empower Independent Creators Of Nfts

NEW YORK--(BUSINESS WIRE)--Holaplex, an all-in-one NFT platform that leverages Solana in addition to Solana-powered on-chain protocol, Metaplex, announces a $6 million seed round led by blockchain-focused investment firm CoinFund. Other major ecosystem players who participated in the round include: Social Capital, Valor, Collab+Currency, Blockchain Coinvestors and Solana Capital. Founded in 2021, Holaplex provides independent artists, musicians and creators with simple, free tools to make and s

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