VoIP, instant messaging and digital distribution
Business Highlights
Discord is a VoIP, instant messaging and digital distribution platform designed for creating communities. Users communicate with voice calls, video calls, text messaging, media and files in private chats or as part of communities called “servers”.
Discord is the easiest way to talk over voice, video, and text. Talk, chat, hang out, and stay close with your friends and communities.
Discord was started to solve a big problem: how to communicate with friends around the world while playing games online.
Currently the company has: 150M monthly active users, 19M Active servers per week and 4B Server conversation minutes daily.
Discord is built to create and manage private and public communities. It gives users access to tools focused around communication services like voice and video calls, persistent chat rooms, and integrations with other gamer-focused services along with the general ability to send direct messages and create personal groups. Although at first, Discord services seem directed towards only gamers, in recent years, it has brought several new updates, making it more useful for the general population.
Discord servers are organized into topic-based channels where users can collaborate, share, and just talk about the user’s day without clogging up a group chat.
Key Information
Unicorns Companies on the PrimaryMarkets Platform:
- USA based Companies with an estimated market capitalisation in excess of US$1B.
- Trading in these securities entails compliance with USA regimes such as FINRA and SEC as well as possible ROFR (Right Of First Refusal) imposed by many Unicorns.
- All Traders must be Sophisticated, Professional, Institutional, Accredited Investors.
- Minimum trade size US$250,000
Financials
Total Funding (as of June 2021) – US$482.5M
Last funding round (December 2020) – US$100M (Series H)
Enterprise Value US$15.8B