Discern
PrivateLast Round
Series A
Jul 29, 2026
Total Funding Raised
$14.5M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
Discern is a software company that provides a compliance operating system for automated entity management, registered agent services, and state filing automation.
Sector
Enterprise Software
Verticals
Compliance & Risk, RegTech, Legal Tech, Workflow Automation
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Discern Comparables
Compare Discern with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| SingleFile | 85% | |
| Filejet Inc. | 83% | |
| AppDirect | 80% | |
Discern Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Jul 29, 2026 | ||||
| Pre Seed | Oct 3, 2024 |
Discern Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Walkabout Ventures | Pre Seed, Series A |
| Bungalow Capital | Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 29, 2026
$10M round led by Bungalow Capital and Walkabout Ventures.
- Oct 3, 2024
$4.5M round led by Walkabout Ventures
Discern Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Discern's valuation, stock price, and market status.