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New Deal


Announced

Completed

An investment consortium led an $100m Series H financing round in Discord.

Financials

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Transaction Value£73m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Online and Social Platforms

Private Equity

Completed

gaming

Acquisition

Minority

Private

Cross Border

Single Bidder

United States

Venture Capital

Synopsis

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An investment consortium led a $100m Series H financing round in Discord, the chat and communications platform, at a valuation of $7bn. Altimeter Capital, Greenoaks Capital Management, Index Ventures and Tiger Global Management participated in a round. Greylock, IVP, Spark Capital, Tencent and Benchmark are existing unvestors. “We are humbled and honored by the growth we’ve seen among so many incredible and diverse communities that have made Discord their place to hang out. As we look to 2021, we are excited about what we have in store and plan to use this funding to help make Discord even better – both for our free service and our Nitro subscribers,” Jason Citron, Co-founder and CEO.

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