Messaging and VoIP platform Discord raised s $100M USD Series H investment led by existing investor Greenoaks Capital. The funding was raised at a $7B valuation, doubling its $3.55B valuation at which the company raised its previous $100M Series G investment round at the end of June.
Discord’s most recent amended and restated certificate of incorporation lists a total of 499,554 Series H Preferred Stock were issued at a stock price of $280.25, suggesting that the Series H round is still open. If all issued Series H shares get subscribed, Discord will raise a total of $140M in the Series H round.
The investment proceeds will be used to continue improving Discord’s services for its free and premium users. The app currently has more than 140M monthly active users.
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