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HISTORICAL P100 / #25

Discord

Social & Communication · United States

Historical ranking valuation$15.0BSource snapshot: Jun 19, 2026
Financing events12
Named participants23
Captables stories1

Disclosed primary funding in this record

$708.2M

Sum of non-overlapping disclosed USD amounts in confirmed primary financing entries in this record, including separately labeled equity components; not verified lifetime funding. Excludes amounts already included in a later round, announced, reported, database-only, debt, secondary and unclassified events.

4 confirmed primary rounds with disclosed USD amounts · Record through 2026-09-28
THE BUSINESS

Get to know Discord.

Discord is a communications platform centered on gaming and online communities. Its voice, video and text features let people converse while playing and across desktop, mobile and console contexts.

Discord company overview ↗Source checked Sep 24, 2026

Valuation history

Valuations reported at the time of each round.

$15BSeries I · ConfirmedSource ↗
$7BSeries H · ConfirmedSource ↗
$3.5BSeries G · ConfirmedSource ↗
$2.05BDecember financing (series label unverified) · ReportedSource ↗
About $1.65BApril financing (series label unverified) · ReportedSource ↗
$725M reported pre-moneyJanuary financing including employee liquidity · ReportedSource ↗

Funding history

Funding rounds, debt and other financing events.

10sourced events · record as of 2026-09-28

Public-source financing history, not a complete legal funding register. The issuer's company story connects Phoenix Guild, Hammer & Chisel and Discord: https://discord.com/company . Original predecessor financing releases and founder reporting are preserved without asserting authenticated legal-entity continuity or today's holders. The January 2016 issuer says almost $20M; exact proceeds remain null, with separately cited Greylock leadership. Its series label is not authenticated. The January 2017 roughly $50M package included employee secondary purchases; issuer-primary allocation is unknown and excluded from confirmed capital. The 2021/2022 database-only extensions remain unverified; a June 2021 business-combination Form D is not an additional Series I. Announcements are not settlement records, historical groups are not a complete subscribing-vehicle roster, and board membership is not a personal investment. Every actual funding round, current ownership, independent current-P100 review and source-rights approval remain unproven.

Sep 15, 2021LATEST SOURCED
primary

Series I

Dragoneer Investment Group (lead) · Baillie Gifford · Coatue · Franklin Templeton · Fidelity Management & Research

Discord confirms Series I, Dragoneer lead, named new participants and completion on September 15; its post does not state amount or valuation. Reuters separately reports $500M from a company spokesperson. $15B valuation is reported, not issuer-confirmed here; June 2021 business-combination Form D is not added.

Amount$500MValuation$15B
Dec 11, 202009
primary

Series H

Greenoaks Capital (lead) · Index Ventures

December 11 is the Form D first-sale date, not the December 17 announcement. The filing reports $100,045,423 sold toward a $139,999,359 offering; the headline $100M and roughly $7B valuation were separately company/source-reported. Greenoaks and Index participation and the Series H label are from contemporaneous reporting, not named in the filing.

Amount$100MValuation$7B
Jun 30, 202008
primary

Series G

Index Ventures (lead)

Discord confirms recent additional $100M on June 30. Index lead and roughly $3.5B valuation are from contemporaneous reporting, not the issuer post; June 30 is the announcement date, not a verified first sale.

Amount$100MValuation$3.5B
Dec 21, 201807
primary

December financing (series label unverified)

Greenoaks Capital (lead) · Tencent · Index Ventures · Technology Opportunity Partners · FirstMark Capital · IVP

Amount$150MValuation$2.05B
Jan 201705
other

January financing including employee liquidity

Index Ventures (lead) · IVP · Greylock Partners · Benchmark · Spark Capital

Discord confirmed a round earlier in 2017; TechCrunch sources place it in January at roughly $50M and report that an unquantified part purchased employee shares. June 7 is the report date, not a second round. The primary proceeds cannot be isolated.

AmountAbout $50M financing package; primary share undisclosedValuation$725M reported pre-money
Jan 26, 201604
primary

January 2016 financing (series label unverified)

Greylock Partners (lead)

The issuer reports a closed investment of almost $20M, not an exact $20M. Greylock's next-day original post independently states its leadership of the first financing since the product pivot; January 27 is not another raise. The issuer does not name its investors, so no other pooled database backer is assigned to this row. Imported Series C taxonomy is not authenticated legal class rights. January 26 is the announcement, not inspected settlement; exact fund vehicle, roster, share terms and current retained holdings remain unknown.

Greylock Partners · Greylock original January 27, 2016 investment post ↗

AmountAlmost $20M; exact total undisclosedValuationUndisclosed
Feb 10, 201503
primary

Series B (Hammer & Chisel)

Tencent · Benchmark Capital · YouWeb’s 9+

The reproduced Marketwired issuer release confirms a closed Series B and these three participants, but no lead or round size. Its more-than-$8.2M is cumulative company capital, not the B round size; old company-level backers are not B subscribers by inference. This public syndication is not authentication of the inactive original distributor, legal documents or settlement. February 10 is release day, not an inspected close date. Current holder retention, precise vehicles and rights remain unknown.

AmountUndisclosedValuationUndisclosed
Nov 21, 201302
primary

Series A (Hammer & Chisel)

Benchmark (lead) · Studio 9+ · Accel Partners · IDG Capital Partners · GC Capital Partners · Time Warner

The original Series A release specifies $8.2M and Benchmark's lead through Mitch Lasky, plus these five named groups. A representative's board seat does not establish a personal check. GC Capital Partners is retained verbatim as a historical entity name, not silently merged with General Catalyst; Time Warner is not duplicated as WarnerMedia. November 21 is announcement day, not authenticated settlement. The release's vague last-July seed retrospective does not establish another 2013 seed; original 2012 reporting is separately attributed. Share class, legal subscribing vehicles, allocations and current positions are unknown.

Amount$8.2MValuationUndisclosed
Jul 10, 201201
primary

Seed (Phoenix Guild, reported)

YouWeb · Accel Partners · General Catalyst Partners

Original founder interview reports $1.1M and these three named participants, without a lead. July 10, 2012 is the publication, not an authenticated closing day; the page's June 2025 update is not new funding. Later last-July retrospective wording is not a second 2013 seed. Phoenix Guild context is distinct from Citron's prior OpenFeint business; no OpenFeint acquisition proceeds or investor positions are transferred to this row. Historical relationships do not establish a current shareholder register, precise fund vehicles, check sizes or legal class.

Amount$1.1MValuationUndisclosed
Unverified database leads (2)

These database claims have not been independently verified and are excluded from the sourced-event count.

May 3, 2021UNVERIFIED
primary

Series H Extension

Investor participation not independently verified

AmountUndisclosedValuationUndisclosed

Financing participants

Investors, lenders and other parties named in funding announcements.

Dragoneer Investment Group

Series I · Sep 15, 2021 · Lead participant · primary · Confirmed · Confirmed source ↗

Baillie Gifford

Series I · Sep 15, 2021 · Participant · primary · Confirmed · Confirmed source ↗

Franklin Templeton

Series I · Sep 15, 2021 · Participant · primary · Confirmed · Confirmed source ↗

Fidelity Management & Research

Series I · Sep 15, 2021 · Participant · primary · Confirmed · Confirmed source ↗

Greenoaks Capital

Series H · Dec 11, 2020 · Lead participant · primary · Confirmed · Confirmed source ↗

December financing (series label unverified) · Dec 21, 2018 · Lead participant · primary · Reported · Reported source ↗

Index Ventures

Series H · Dec 11, 2020 · Participant · primary · Confirmed · Confirmed source ↗

Series G · Jun 30, 2020 · Lead participant · primary · Confirmed · Confirmed source ↗

December financing (series label unverified) · Dec 21, 2018 · Participant · primary · Reported · Reported source ↗

January financing including employee liquidity · Jan 2017 · Lead participant · other · Reported · Reported source ↗

Tencent

December financing (series label unverified) · Dec 21, 2018 · Participant · primary · Reported · Reported source ↗

Series B (Hammer & Chisel) · Feb 10, 2015 · Participant · primary · Confirmed · Confirmed source ↗

Technology Opportunity Partners

December financing (series label unverified) · Dec 21, 2018 · Participant · primary · Reported · Reported source ↗

FirstMark Capital

December financing (series label unverified) · Dec 21, 2018 · Participant · primary · Reported · Reported source ↗

IVP

December financing (series label unverified) · Dec 21, 2018 · Participant · primary · Reported · Reported source ↗

January financing including employee liquidity · Jan 2017 · Participant · other · Reported · Reported source ↗

Benchmark

January financing including employee liquidity · Jan 2017 · Participant · other · Reported · Reported source ↗

Series A (Hammer & Chisel) · Nov 21, 2013 · Lead participant · primary · Confirmed · Confirmed source ↗

Spark Capital

January financing including employee liquidity · Jan 2017 · Participant · other · Reported · Reported source ↗

Benchmark Capital

Series B (Hammer & Chisel) · Feb 10, 2015 · Participant · primary · Confirmed · Confirmed source ↗

YouWeb’s 9+

Series B (Hammer & Chisel) · Feb 10, 2015 · Participant · primary · Confirmed · Confirmed source ↗

Studio 9+

Series A (Hammer & Chisel) · Nov 21, 2013 · Participant · primary · Confirmed · Confirmed source ↗

Accel Partners

Series A (Hammer & Chisel) · Nov 21, 2013 · Participant · primary · Confirmed · Confirmed source ↗

Seed (Phoenix Guild, reported) · Jul 10, 2012 · Participant · primary · Reported · Reported source ↗

IDG Capital Partners

Series A (Hammer & Chisel) · Nov 21, 2013 · Participant · primary · Confirmed · Confirmed source ↗

GC Capital Partners

Series A (Hammer & Chisel) · Nov 21, 2013 · Participant · primary · Confirmed · Confirmed source ↗

Time Warner

Series A (Hammer & Chisel) · Nov 21, 2013 · Participant · primary · Confirmed · Confirmed source ↗

YouWeb

Seed (Phoenix Guild, reported) · Jul 10, 2012 · Participant · primary · Reported · Reported source ↗

General Catalyst Partners

Seed (Phoenix Guild, reported) · Jul 10, 2012 · Participant · primary · Reported · Reported source ↗

Ownership evidence

Opening ownership research…

Captables coverage