Discord User and Funding Statistics: How Many People Use Discord in 2023?
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Discord User and Funding Statistics: How Many People Use Discord in 2023?

Brian Dean

Written by Brian Dean

Discord User and Funding Statistics: How Many People Use Discord?

Discord is an online community platform, initially created as space for gamers to communicate with one another.

While gamers retain a strong presence on Discord, the platform now has a significantly wider appeal. Millions of servers are active on Discord every week, spanning fields from art to programming.

The chat startup has raised nearly half a billion dollars in total. It is now valued at $7 billion, rivaling established platforms like Reddit.

In December 2020, Discord hit a milestone of 140 million monthly active users (Discord’s active user base has doubled since 2019).

Here’s an overview of the Discord stats we’ll cover on this page:

Key Discord Stats

  • Discord has 140 million monthly active users. Its active user base has doubled over the last year.
    Discord has 140 million monthly active users
  • Discord has raised a total of $483.8 million, including $100 million in its most recent funding round (Series H).
  • Discord generates $130 million in annual revenue.
  • Discord is currently valued at $7 billion.
  • 13.5 million servers are active on Discord each week.

Discord monthly active users

Discord has 140 million monthly active users (MAUs). The platform has doubled its active user base since December 2019.

Discord monthly active users

Here’s a table showing the growth in Discord MAUs since May 2019:

Date Monthly active users
May 2019 56 million
December 2019 70 million
November 2020 120 million
December 2020 140 million

Sources: TechCrunch, Quartz, GamesIndustry.

Average time spent on Discord

In the US, the average Discord user spends 280.6 minutes a month on the platform. That equates to nearly 5 hours per month, or 9 minutes per day.

The average Discord user spends 280.6 minutes a month on the platform

Source: WSJ.

How much has Discord raised in VC funding to date?

Discord has raised a total of $483.8 million across 9 disclosed funding rounds.

How much has Discord raised in VC funding to date?

In December 2020, the latest funding round (Series H) raised $100 million. This equals the amount raised in the previous round.

We’ve charted Discord funding history since July 2012:

Funding round, date Deal amount
Seed, July 2012 $1.1 million
Series A, November 2013 $8.2 million
Series B, February 2015 $4.5 million
Series C, January 2016 $20 million
Series D, January 2017 $50 million
Series E, April 2018 $50 million
Series F, December 2018 $150 million
Series G, June 2020 $100 million
Series H, December 2020 $100 million

Sources: Pitchbook, CB Insights, Crunchbase.

How much is Discord worth?

As of the latest funding round (December 2020), Discord is worth $7 billion. Discord’s post-money valuation has doubled since the Series G round raised in June 2020.

How much is Discord worth?

Here’s a table with Discord’s post-money valuation since November 2013:

Date Post-money valuation
November 2013 $23.34 million
February 2015 $48.5 million
January 2016 $108.42 million
June 2016 $282.28 million
January 2017 $725 million
April 2018 $1.65 billion
December 2018 $2.05 billion
June 2020 $3.5 billion
December 2020 $7 billion

Source: CB Insights.

Discord annual revenue

Discord brings in an estimated annual revenue of $130 million. That’s an increase of 188.88% since 2019 when the company generated approximately $45 million.

Source: WSJ.

How many Discord servers are there?

Each week, 13.5 million servers are active on Discord.

Source: Discord.

YouTuber MrBeast has the most popular Discord server, boasting more than 700 thousand members.

What are the most popular Discord servers?

11 Discord servers have more than 400 thousand members.

Here’s a ranking of the top 10 most popular Discord servers, sorted by the number of members:

Server name Number of members
MrBeast Gaming 700,011
Nookazon 507,213
Mythpat 483,534
Live Insaan 486,053
Among Us 481,107
Roblox 479,147
Anime Soul Discord 476,664
TWO SIDE GAMERS 413,668
Dynamo Gaming 409,557
Servidor do Goularte 408,367

Source: Top.gg.

Discord server conversation minutes

Discord servers host 4 billion minutes of conversation every day.

Source: Discord.

Discord usage among US teens

3% of US teenagers report that Discord is their favorite social platform.

3% of US teenagers report that Discord is their favorite social platform

Snapchat (34%) and Instagram (25%) have considerably more mainstream popularity, but Discord ranks ahead of Facebook (2%).

Source: eMarketer.

Discord for streaming

Discord is not a dedicated streaming platform but is still the 4th most used platform for video game streaming among US gamers. Only Twitch, YouTube, and Facebook are used more.

Source: eMarketer.

How many people work at Discord?

300 employees work at Discord. The average salary is $131,679. Among employees on an H1-B visa, the median salary is $180,000.

Source: WSJ, Comparably, H1B Salary Database.

Conclusion

That’s it for my collection of Discord stats in 2023. The platform has taken off recently, diversifying beyond gamers to a wider audience.

Thanks in part to its user growth, Discord has doubled its valuation in six months. It will be interesting to see what the future holds for the platform.

Now I’m curious to hear from you:

Do you have any queries or remarks about any of the figures included here? Do you think something is missing from this Discord stats roundup?

Don’t hesitate to let me know in the comments section below.

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