# Disco

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/disco-2

- Industry: Software
- Headquarters: Toronto, Canada
- Website: www.disco.co
- Total disclosed funding: $19M
- Latest round: Series A (Mar 1, 2022)
- Investors on record: 9

## About

Disco, Inc. is an AI-driven learning platform that enhances hybrid and remote educational experiences through innovative tools for course creation, community engagement, and real-time communication among users.Disco, Inc. specializes in providing an AI-first learning platform that focuses on facilitating remote and hybrid learning. The company was co-founded by Candice Faktor, Chris Sukornyk, and Javier Llerena. Disco is headquartered in Toronto, Canada. In March 2022, Disco raised CAD 19 million in Series A funding led by GSV Ventures, with participation from Global Founders Capital, Golden Ventures, Inovia Capital, Quiet Capital, and other individual investors. This funding round marked the second investment deal for the company, bringing the total amount raised to CAD 19 million.Disco is an AI-first learning platform designed to facilitate hybrid and remote learning experiences through a user-friendly interface. Its core offerings include a robust curriculum builder that allows educators to create and manage engaging, cohort-based courses tailored to various learning needs. Disco emphasizes community engagement by providing tools for real-time communication, progress monitoring, and peer support, thereby fostering a collaborative learning environment. The platform is utilized by a diverse client base, including learning businesses, educational communities, and corporate teams, primarily targeting markets in North America, Europe, and Asia. By integrating various operational functionalities, such as event management and member engagement, Disco addresses the challenges of traditional educational methods, empowering users to create transformative learning experiences that are accessible and effective.Disco generates revenue through a subscription-based model that offers clients access to its comprehensive suite of educational tools and features. Clients, ranging from educational institutions to corporate training programs, engage with Disco by subscribing to different service tiers that provide varying levels of access and functionality. Transactions typically involve annual or monthly subscription fees, structured to include essential features such as course creation, community management, and data analytics. Flagship offerings within this model emphasize scalability and customization, allowing organizations to tailor their learning experiences. As clients utilize the platform to enhance their educational initiatives, Disco's streamlined payment system manages all transactions seamlessly, reinforcing its value proposition in the competitive e-learning landscape.Disco plans to leverage the CAD 19 million raised in its Series A funding round in March 2022 to enhance its product offerings and expand its market presence. The company is currently developing new features aimed at improving user engagement and instructional capabilities, with plans for a rollout in late 2023. Additionally, Disco is targeting expansion into European and Asian markets within the next 12 months, intending to enhance its global footprint and reach a wider audience. This strategic direction is designed to support the company's growth objectives and adapt to the evolving educational landscape.

## Funding rounds

- Series A, Mar 1, 2022, $15M — Inovia Capital, Golden Ventures, Global Founders Capital, GSV Ventures, Quiet Capital
- Seed, Mar 24, 2021, $3.8M — Inovia Capital, Mantella Venture Partners, Golden Ventures, Global Founders Capital, GSV Ventures, StandUp Ventures, Garage Capital, Quiet Capital, N49P

## Investors

- Inovia Capital (https://capitalatlas.ai/funds/inovia-capital) — Seed, Series A
- Mantella Venture Partners (https://capitalatlas.ai/funds/mantella-venture-partners) — Seed
- Golden Ventures (https://capitalatlas.ai/funds/golden-ventures) — Seed, Series A
- Global Founders Capital (https://capitalatlas.ai/funds/global-founders-capital) — Seed, Series A
- GSV Ventures (https://capitalatlas.ai/funds/gsv-ventures) — Seed, Series A
- StandUp Ventures (https://capitalatlas.ai/funds/standup-ventures) — Seed
- Garage Capital (https://capitalatlas.ai/funds/garage-capital) — Seed
- Quiet Capital (https://capitalatlas.ai/funds/quiet-capital) — Seed, Series A
- N49P (https://capitalatlas.ai/funds/n49p) — Seed