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Discern raised $10 million in a Series A funding round, following a 4x ARR growth in 2025. The round was led by notable investors participating in the funding.
PRIVATEJul 29, 2026•about 14 hours ago
Amount Raised
$10 Million
Round Type
Series A
DoverArtificial Intelligence
Investors
Ia VenturesAccolade PartnersVestwell
Description
Discern has successfully raised $10 million in a Series A funding round, significantly expanding its capital base after achieving a 4x growth in annual recurring revenue in 2025. This funding brings its total raised to $17.5 million. The company is focused on automating state filings for enterprises. Several key investors participated in this round.
Company Information
Company
Discern
Location
Dover, Delaware, United States
About
Discern is a company that specializes in automating state filings for enterprises. Their solutions have been adopted by over 800 businesses, including notable partners such as Vestwell, Accolade Partners, and IA Ventures. The company has demonstrated substantial growth, achieving a 4x increase in annual recurring revenue in 2025. Discern aims to simplify the complexities associated with state compliance filings.
DoverArtificial Intelligence