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Legal Technology Leader DISCO Raises $60 Million

Oct 15, 2020about 5 years ago

Amount Raised

$60 Million

Information Technology

Description

Legal technology leader DISCO today announced a $60 million equity financing, valuing the company at $785 million. Georgian Partners led the financing. Existing investors Bessemer Venture Partners, LiveOak Venture Partners, and The Stephens Group all participated, and new investor Breyer Capital also invested.

Company Information

Company

Disco

About

Disco helps thousands of companies celebrate and digitize their culture and values through real-time recognition in the flow of work. Founded in San Francisco in 2015 by Jeremy Vanderhey, Justin Vanderhey and Joseph Estrada, Disco is an essential app in Slack and Microsoft Teams that helps employees feel more appreciated for their work while streamlining HR workflows and culture programs. Disco gives employee experience and people managers powerful reporting to identify employees driving and/or disconnecting from the culture. Disco is backed by top investors and advisors including General Catalyst, All Turtles and Slack, delivering a transformational employee engagement platform that fosters daily employee engagement & adoption. Learn more at values.justdisco.com.

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Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech