Discord Revenue and Usage Stats (2021)

What is Discord?

Discord, to put it simply, is a chat app that allows you to communicate with different people over the Internet in voice, video, and text, like Skype or TeamSpeak.

Discord, generally preferred by people who play online computer games, supports audio, and written communication as well as video calls and allows you to open live broadcasts. In other words, you can broadcast to the people you speak to.

Discord – Company OverviewHeadquarter: San Francisco, CA

Platforms: Web, Android, iOS

Number of Employees: 1000+

Website

Founded Date: 2015

Founders: Jason Citron, Stan Vishnevskiy

Crunchbase Profile

Google Play: Store Link

App Store: Store Link

How Does Discord Make Money?

Discord operates on a ‘freemium’ business model. This means that the platform is free for anyone to download and use, but an additional premium subscription is available. It has two main income streams.

Other sources of income include server buffs and fees for games sold on its servers. Discord introduced a Developer Portal where game developers can develop their own games and distribute them exclusively on Discord. 90% of every game sold goes back to the developers and Discord gets 10%.

What is Discord Nitro?

Its main revenue stream is Discord Nitro with its premium subscription. Loyal Discord users who chat and stream 24/7 on the platform may want to consider Discord Nitro, which comes with upgraded features for an enhanced user experience. These features include HD quality video streams, larger file upload size, and personalized avatars and stickers.

Discord Nitro costs $9.99 per month or $99.99 per year.

Discord Stats

Discord generated $45 million in revenue in 2019 which grew by 188.9% to $130 million in 2020 as people turned to social platforms more so as not to lose contact with family and friends during the ongoing Coronavirus pandemic. 

Discord Revenue
2016$5 million
2017$10 million
2018$30 million
2019$45 million
2020$130 million

Discord reported 140 million monthly active users as of December 2020. 

Discord MAUs
201710 million
201845 million
201956 million
2020100 million
2021140 million

Between May 2017 and June 2020, Discord increased its registered user number from 45 million to 300 million. (Statista)

Registered Users
201625 million
201745 million
2018130 million
2019250 million
2020300 million

Discord valuation reached $15 billion after raising $500 million in funding in September 2021. (Reuters)

Discord Valuation
2017$1.6 billion
2018$2 billion
2020$3.5 billion
January 2021$7 billion
September 2021$15 billion

Discord has raised $983.8 million so far, including its most recent $500 million funding in September 2021. 

Funding Round & DateDeal AmountPost-Money Valuation
Seed, July 2012$1.1 Million
Series A, November 2013$8.2 Million$23.34 million
Series B, February 2015$4.5 Million$48.5 million
Series C, January 2016$20 Million$108.42 million
Series D, January 2017$50 Million$725 million
Series E, April 2018$50 Million$1.65 billion
Series F, December 2018$150 Million$2.05 billion
Series G, June 2020$100 Million$3.5 billion
Series H, December 2020$100 Million$7 billion
September 2021$500 Million$15 billion
Source: Crunchbase

As of January 2021, an average Discord user in the United States spends 280.6 minutes per month on the platform, which equates to about 5 hours per month or 9 minutes per day.

There are 19 million active Discord servers per week and Discord servers host 4 billion minutes of conversations daily. (Discord)

As of October 2020, 3 percent of US teenagers thinks that Discord is their favorite platform. 

As of February 2021, Discord is the 4th most popular platform for video game streaming. 

Discord News

Discord acquires AR startup Ubiquity6

Sony announces Discord integration into PlayStation consoles

Discord ends sale talks with Microsoft, sources say

Discord launches Clubhouse-like “Stage Channels” feature for audio events

Discord launches mobile screen sharing on iOS and Android for streaming and viewing parties

Discord’s valuation would reach up to $7 billion with a new funding round, sources say

Written by Jordan Bevan

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