# Discern

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/discern

- Industry: Software
- Headquarters: Stamford, US
- Website: www.discern.com/
- Total disclosed funding: $11M
- Latest round: Series A (Jul 29, 2026)
- Investors on record: 2

## About

Founded in 2022 and based in Connecticut, US, Discern Inc. specializing in automated compliance solutions. Simon Moschou, Mike Bosserman, and Raj Patel (CEO) are the co-founders of the company. In July 2026, Discern Inc. raised USD 10 million in series A funding co-led by Walkabout Ventures and Bungalow Capital.

Discern specializes in providing automated compliance solutions, primarily through its registered agent services and filing automation for beneficial ownership, annual reports, franchise tax, and foreign registrations. The core offering is a digital-first registered agent service available across all 50 states and Washington, D.C. This service addresses the compliance needs of various entities, including startups, family offices, funds, management organizations, healthcare providers, and financial services firms. By leveraging technology, Discern enables clients to manage their compliance processes, providing a dashboard for tracking entity registrations and their statuses. The solution was designed to reduce the manual burden on businesses, thereby streamlining operations for organizations operating in diverse markets across the United States.

Discern generates revenue through a subscription-based model for its automated filing and registered agent services.

The company plans to utilize the July 2026 funding to meet growing demand, expand operations and engineering, and enhance its Registered Agent service.

## Funding rounds

- Series A, Jul 29, 2026, $7M — Walkabout Ventures, Bungalow Capital
- Seed, Aug 31, 2022, $3.5M — Walkabout Ventures

## Investors

- Walkabout Ventures (https://capitalatlas.ai/funds/walkabout-ventures) — Seed, Series A
- Bungalow Capital (https://capitalatlas.ai/funds/bungalow-capital) — Series A