Discord's privacy policy says its business "is funded through subscriptions, paid products, and sponsored content (like Quests and other sponsored formats)", and that "We don't make money from selling your personal information to third parties."1 Discord is a private company, and venture capital firms have invested in it since 2011.
Where does Discord's money come from?
Discord sells Nitro subscriptions.2 In April 2025, Discord said that in 2024 it "began pursuing opportunities beyond its core consumer subscription service, including advertising, micro-transactions, and providing social infrastructure to game developers."3
Discord hasn't said how much of its revenue comes from each of these, and Digiday reported in January 2025 that most of Discord's revenue came from Nitro.4
How much money does Discord make?
Bloomberg reported in March 2025, citing people with knowledge of the matter, that Discord's revenue "quadrupled to more than $600 million on an annualized basis" between 2020 and 2024. Discord's CTO, Stanislav Vishnevskiy, told Bloomberg at the Game Developers Conference that Nitro was doing "remarkably well."5
In April 2025, Discord said it had "positive adjusted EBITDA for the past five quarters".3 Adjusted EBITDA isn't the same as net profit, because it leaves out interest, taxes, depreciation, amortization and other costs listed in each company's own definition.
Who owns Discord?
Discord Inc. is a private company based in San Francisco, and its investors include Tencent and US venture capital firms such as Benchmark and Greylock. Its shares aren't on any stock exchange, and you can read who has invested in each round since 2011.
Does Discord show ads?
Discord shows ads, and its Quests help article calls Quests "a rewarded ad format".6 Since 2024, Discord has added ads on mobile and a reward called Orbs, and in September 2026 it opened a tool called Ads Manager to some advertisers. You can read the timeline of Discord's ads and how Quests work and which settings change them.
Is Discord going public?
Discord hasn't gone public as of November 5, 2026, and Bloomberg reported in January 2026 that Discord had filed confidentially for an initial public offering (IPO). You can read what Discord and the press have said about a Discord IPO.
Is Discord open source?
Discord's apps and server software aren't open source, but it publishes some libraries as open source, such as the end-to-end encryption for its calls.
Does Discord sell your data?
Discord says it doesn't sell your personal information to third parties, and you can read what its privacy policy says it does with your data for ads such as Quests.
How is Fluxer funded?
fluxer.com shows no ads, and Fluxer Platform AB has no venture capital investors. You can read how Fluxer makes money and what stops Fluxer from becoming like Discord.
Discord is a trademark of Discord Inc., and Fluxer isn't affiliated with Discord.
Sources
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Privacy Policy, Discord, effective 2025-09-29, last updated 2025-08-29, accessed 2026-11-05.
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Nitro Benefits and Features, Discord, accessed 2026-11-05.
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Discord Appoints Humam Sakhnini as Chief Executive Officer, Discord, 2025-04-23, accessed 2026-11-05. 2
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Discord's advertising push continues: A Q&A with new Discord CBO Jules Shumaker, Digiday, 2025-01-17, accessed 2026-11-05.
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Chat App Discord Is Working With Goldman, JPMorgan on Planned IPO, Bloomberg on Yahoo Finance, 2025-03-26, accessed 2026-11-05.
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Discord Quests FAQ, Discord, edited 2026-08-31, accessed 2026-11-05.