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Discord

Voice, video, and text chat platform — gaming-first, now mainstream community
Discord has 200M+ MAU. Filed confidential IPO paperwork in late 2024 / early 2025. Has expanded beyond gaming into general community + creator monetization. Microsoft acquisition fell through in 2021.
Consumer 📍 San Francisco, CA Founded 2015
Current Valuation
$15B
as of 2021-Q3
DECACORN

QL Price

$10B
-32% vs last round
QuantLogix's current estimate for Discord, published 2026-09-24 — below the last disclosed round of $15B (2021-Q3).
Confidence
medium
Basis
blended
What backs this price
Last disclosed round $15B 2021-Q3 weight 0.03
Secondary market print $12B 2026-06-27 weight 0.59
Public-company comparables $1.8B 2024 weight 0.12
How this price has held up
No round has priced for Discord since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-09-24 and will be graded against the next priced round. See the full accuracy record →
How to actually get exposure to Discord →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Discord, 2026-09-24 (a5c1275c9a43fe33). The id pins this exact claim, so a citation stays checkable after the price moves. Model estimate for research — not a quote, target price, or investment advice.

IPO Outlookfiled

Is Discord going public in 2026?
Yes — Discord has filed for an IPO, with a listing expected in 2026. The filing is the company's own step, not a rumor.
What is Discord's valuation in 2026?
Discord is valued at $15B as of 2021-Q3, set by its Series H ($500M, Sep 2021). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Discord filed an S-1?
Yes. Discord has filed its S-1.
Who are Discord's investors?
Discord's investors include Dragoneer, Tencent, Sony, Spark Capital, Index, Greylock and 1 more.
How much has Discord raised?
Discord has raised $995M in total, most recently a Series H of $500M in Sep 2021.
Is Discord publicly traded — can you buy Discord stock?
Not yet. Discord is private until it lists, so there is no ticker to buy. Before the IPO, exposure is limited to pre-IPO secondary marketplaces and funds (accredited investors) or tender offers; after listing, the shares trade on the exchange under the new ticker.
How to actually get exposure to Discord →
Read the Discord pre-IPO deep dive · 05/22/2026 →
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.

Company Profile

CEO
Jason Citron
Founded
2015
HQ
San Francisco, CA
Employees
~1000
Total Raised
$995M
Est. Revenue
$800M (2024)
Growth
Revenue roughly doubled to ~$600M since 2021 while the implied valuation halved: last primary mark $15B (Series H, August 2021), secondary trading implied ~$8.5B in June 2026. Confidentially filed for a US IPO in January 2026.
Last Round
Series H — $500M (Sep 2021) · Lead: Dragoneer
IPO Status
filed

Fundraising Status

Series H · $500M · 5y ago
filedTotal raised $995M

Secondary Market

Implied price / share
$42.6
Last round price / share
$55.06
vs last round
-22.6%
Open interest
8
Last round price vs secondary price
Last round vs current secondary price per share$55.06Last round$42.60Current
Secondary price return by period
Secondary market period returns3-month-5.4%6-month+62.2%1-year+78.5%All-time-27.3%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series H$500MSep 2021Dragoneer$15B

Talent Signal

Hiring trend
▼ Hiring downtrend
-12% vs 2026-08
Open roles
44
via greenhouse
Product-build share
80%
engineering, research, product, design
Trajectory
tightening
heavy product build — 80% of open roles are product-building functions (engineering/research/product) — 18 of 44 open roles are engineering.
Open roles trending down; no tracked executive churn.
Open roles by month
Open roles by month50Aug '2644Sep '26
Open roles by function
Open roles by functionEngineering18Data & ML5Other5Security4Design4Product2Research2Sales & GTM2Ops & People1
■ product-building   ■ go-to-market / G&A
Director of Engineering, SafetyEngineering Manager, Machine Learning (Safety)Engineering Manager, NotificationsEngineering Manager, Platform SecurityEngineering Manager, SafetyProduct Designer, Growth
Counted from Discord's live job board as of 2026-09-15; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Jason CitronStan Vishnevskiy

Investors

Dragoneer · Tencent · Sony · Spark Capital · Index · Greylock · Benchmark

Products

  • Discord Servers
  • Voice channels
  • Discord Nitro (subscription)
  • Activities (in-app games)
  • Quests

Competitors

Slack (CRM) · Telegram · Microsoft Teams (MSFT) · Twitch (AMZN)
ConsumerSocialRecently IPO Filed
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2021-Q3. Refreshed quarterly.