At a Glance
| Detail | Discernis | DISCO |
|---|---|---|
| Category | eDiscovery | eDiscovery |
| Total raised | $2.5M | $192M |
| Rounds tracked | 1 | 5 |
| Latest round | Seed, $2.5M · Aug 2026 | Undisclosed, $60M · Oct 2020 |
| Last valuation | Not disclosed | $785M |
| Lead investors | Newfund Capital | Georgian, Bessemer Venture Partners, The Stephens Group |
| Built for | In-house teams, Large firms | In-house teams, Large firms, Mid-size firms |
| Headquarters | US | US |
Funding, Side by Side
Discernis rounds
- Aug 2026Seed$2.5M
DISCO rounds
- Oct 2020Undisclosed$60M
- Jan 2019Undisclosed$83M
- Jan 2018Growth$20M
- Aug 2016Series C$18.6M
- Nov 2014Series B$10M
Our Take
We have not tested these two head to head yet. The numbers above come from public funding announcements. If you use either one, tell us what you found and it may become a Field Note.
Quick Answers
- Which has raised more, Discernis or DISCO?
- DISCO has raised $192M in disclosed funding, compared with $2.5M for Discernis.
- Do Discernis and DISCO share investors?
- No. None of the investors we track have backed both companies.
- What is Discernis best for?
- Discernis is an AI discovery platform for reviewing large litigation document sets.
- What is DISCO best for?
- DISCO provides cloud eDiscovery software and review services for law firms and legal departments.
Source: Legal Tech Circle funding data, from public announcements. Updated November 10, 2026.