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Discern

Discern

Private
Dover, DelawareEnterprise Softwarehttps://www.discern.com/

Last Round

Series A

Jul 29, 2026

Total Funding Raised

$14.5M

Momentum

Top 10%

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

entity managementregistered agentregistered agent servicecompliance softwarecompliance automationRegTechbeneficial ownership reportingFinCEN compliancefranchise tax automationBOI reportingcorporate compliancelegal techworkflow automationentity formationcorporate secretary

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Discern Comparables

Compare Discern with similar companies based on industry and business-model similarity.

Discern comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
SingleFile
85%
Filejet Inc.
83%
AppDirect
80%

Discern Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AJul 29, 2026
Pre SeedOct 3, 2024

Discern Investors

Notable investors and investment history

Discern investors
InvestorRounds
Walkabout VenturesPre Seed, Series A
Bungalow CapitalSeries 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

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Discern filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Discern's valuation, stock price, and market status.

Is Discern a public or private company?

Discern is a private company.

What is the current stock price of Discern?

Discern is a private company with no public stock price. No recent secondary market data is available.

How much is Discern worth (valuation)?

Valuation information for Discern is not publicly available.

Can I buy Discern stock?

Discern shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Discern's last funding round?

Discern's most recent funding round was Pre Seed on October 3, 2024.

Who are the main investors in Discern?

Key investors in Discern include Walkabout Ventures.

Will Discern IPO soon?

No public IPO plans have been announced for Discern.

How can I track Discern secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Discern's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersDover, Delaware
Employee Range1
Year Founded2022
Last FundingJul 29, 2026

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