Startup News: Discord, Reddit and Klaviyo could go public in near term
After more than a year of waiting on the sidelines for market conditions to improve, several private companies appear ready to debut as public companies.
discordapp.comConsumer & Lifestyle / SocialFounded: 2012Funding to Date: $1B
Discord is a voice, video, and text app that helps friends and communities come together to hang out and explore their interests. Discord was built without selling ads or user data and instead, offers a premium subscription called Nitro that gives users special perks like higher quality streams and fun customizations. This company was founded by Jason Citron and Stanislav Vishnevskiy in 2015 and is headquartered in San Francisco, CA.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
08/24/2021 | Series I | $500MM | $xx.xx | $15.2B | Dragoneer Partners | |
Price per Share
$xx.xx
Shares Outstanding
908,059
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Dragoneer Partners
|
||||||
12/17/2020 | Series H | $100MM | $xx.xx | $7B | Greenoaks Capital Partners, Index Ventures | |
Price per Share
$xx.xx
Shares Outstanding
356,826
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Greenoaks Capital Partners, Index Ventures
|
||||||
06/30/2020 | Series G | $101.32MM | $xx.xx | $3.55B | Index Ventures, Ivp | |
Price per Share
$xx.xx
Shares Outstanding
702,747
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Index Ventures, Ivp
|
||||||
01/07/2019 | Series F-1 | $150MM | $xx.xx | $2.05B | Firstmark Capital, Greenoaks Capital Partners, Index Ventures (Uk), Ivp, Technology Opportunity Partners, Tencent Holdings | |
Price per Share
$xx.xx
Shares Outstanding
1,719,218
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Firstmark Capital, Greenoaks Capital Partners, Index Ventures (Uk), Ivp, Technology Opportunity Partners, Tencent Holdings
|
||||||
04/20/2018 | Series F | $50MM | $xx.xx | $1.66B | Benchmark Capital, Greylock Partners, Ivp, Spark Capital, Tencent Holdings | |
Price per Share
$xx.xx
Shares Outstanding
650,031
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Benchmark Capital, Greylock Partners, Ivp, Spark Capital, Tencent Holdings
|
||||||
02/14/2017 | Series E | $47.5MM | $xx.xx | $775.02MM | Benchmark, Greylock Partners, Index Ventures, Ivp, Spark Capital | |
Price per Share
$xx.xx
Shares Outstanding
1,279,681
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Benchmark, Greylock Partners, Index Ventures, Ivp, Spark Capital
|
||||||
06/24/2016 | Series D | $23.53MM | $xx.xx | $260MM | Benchmark Capital, Greylock Partners, Specialized Types, Tencent, Youweb | |
Price per Share
$xx.xx
Shares Outstanding
1,667,074
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Benchmark Capital, Greylock Partners, Specialized Types, Tencent, Youweb
|
||||||
04/18/2016 | Series C | $19.14MM | $xx.xx | $99.89MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
3,234,140
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
||||||
02/11/2015 | Series B | $4.48MM | $xx.xx | $45MM | Accel Partners, Benchmark Capital, Shenzen Tencent Computer Systems, Youweb | |
Price per Share
$xx.xx
Shares Outstanding
1,321,520
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel Partners, Benchmark Capital, Shenzen Tencent Computer Systems, Youweb
|
||||||
11/05/2014 | Series A | $8.78MM | $xx.xx | $22MM | Accel Partners, Gc Capital Partners, Idg Capital Partners, Mitch Lasky, Spark Capital, S. Somasegar, Tencent, Time Warner Investments, Youweb | |
Price per Share
$xx.xx
Shares Outstanding
4,512,287
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Accel Partners, Gc Capital Partners, Idg Capital Partners, Mitch Lasky, Spark Capital, S. Somasegar, Tencent, Time Warner Investments, Youweb
|
After more than a year of waiting on the sidelines for market conditions to improve, several private companies appear ready to debut as public companies.