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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, catering to a wide range of groups such as artists, activists, study groups, and hobbyists. Users can join various 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 create a welcoming environment where people can build connections and engage with their passions.
Company Stage
Series H
Employees
1,001-5,000
Industries
Consumer Software, Social Impact
Total Funding
$952.6M
Headquarters
San Francisco, California
Founded
2015
Simplify's Take
What believers are saying
- Discord's $100M funding round boosts its capacity for innovation and expansion.
- The rise of remote work increases demand for Discord's communication tools.
- Integration with NFT communities could attract digital art enthusiasts to Discord.
What critics are saying
- Discord's revenue growth slowed to 44% in 2022, indicating potential market saturation.
- Acquisition of Gas may lead to increased scrutiny over data privacy for minors.
- Decentralized platforms like SINOVATE pose a competitive threat to Discord's user base.
What makes Discord unique
- Discord offers a unique ad-free communication platform with a premium subscription model.
- The platform supports diverse communities, from gamers to artists and study groups.
- Discord's acquisition of Gas enhances its appeal to younger demographics.
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6 month growth
↑ 11%1 year growth
↑ 14%2 year growth
↑ 23%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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