Where a generation actually talks to each other online.
Discord grew out of gaming and spread into study groups, hobby communities, creator fan bases and workplaces. Hundreds of millions of people use it monthly, and Nitro subscriptions plus commerce features have given it a revenue model that does not depend purely on advertising.
Valuation
$15B+
Share price
TBD
Timing
2026 (expected)
Status
PRE-IPO
Research focus
What investors should watch
Monthly active users reported above 200 million
Nitro subscription revenue growing steadily
Strong footholds in gaming, education and creator communities
Investors include Sony, Tencent and Index Ventures
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