Discern
PrivateLast Round
Series A
Jul 29, 2026
Total Funding Raised
$14.5M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
Discern operates in Enterprise Software and is based in Dover, Delaware. Its latest recorded funding round was a Series A round in July 2026.
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
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% |
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Discern Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Jul 29, 2026 | ||||
| Pre Seed | Oct 3, 2024 |
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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
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Discern Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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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, so its shares have no public market price. Caplight tracks Discern's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
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.
When was Discern's last funding round?
Discern's most recent funding round was Series A on July 29, 2026.
Who are the main investors in Discern?
Key investors in Discern include Walkabout Ventures, Bungalow Capital.
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 in Discern's shares on secondary markets.