DISCO builds AI-powered legal technology and a cloud platform used for e-discovery, case management, compliance, disputes, and investigations. Its product suite includes DISCO Ediscovery, DISCO Case Builder, and DISCO Managed Review, alongside a cloud technology platform. More than 700 corporations, law firms, and government agencies use DISCO’s solutions. The company says it will continue investing in AI-driven products that address the entire litigation lifecycle and is expanding sales and marketing in North America while growing presence in EMEA and APAC. DISCO is also building a strategic channel program and deepening engagement with global service providers. The company has received recognition on the 2020 Deloitte Technology Fast 500 and the Forbes Cloud 100. DISCO builds a cloud eDiscovery platform that applies artificial intelligence and cloud computing to help legal teams improve outcomes in compliance, disputes, and investigations. The company positions itself as the leading cloud ediscovery platform and says customers use its products for compliance, disputes, and investigations. DISCO will use the new investment to accelerate growth in the $12.5 billion ediscovery market and to build products that transform other areas of legal practice across a $437 billion legal market. The company plans to rapidly scale U.S. operations and pursue aggressive international expansion, having opened a London office in October 2018 and planning offices in Canada, Europe, Asia, Australia, and Latin America. Financially, DISCO announced an $83 million investment that brings total capital raised to $135 million—more than any other enterprise legaltech company. Tyson Baber of Georgian Partners joined DISCO’s board following the investment; existing backers participated alongside the new lead investor. CS Disco offers the DISCO cloud e-discovery platform, including DISCO Review and DISCO managed review powered by DISCO AI. The company sells to litigation boutiques, the AmLaw 200, and corporate legal departments, and supports plaintiff-side practices. In 2017 DISCO grew revenue 2.7x overall and 3.3x in the AmLaw 200 segment. More than 400 law firms, including over 75 of the AmLaw 200, use DISCO. In 2018 the company planned to more than double its engineering and product team, expand the platform beyond e-discovery, scale U.S. go-to-market teams, and launch operations in Asia Pacific, Europe, and Latin America. DISCO positions itself as a modern alternative to legacy e-discovery technology. DISCO provides a next-generation SaaS ediscovery platform that has been adopted by litigation boutiques and the AmLaw 200. The company says it has been embraced by more than 400 law firms, including 50 of the AmLaw 200. Revenue grew 145% year over year between June 2015 and June 2016. DISCO plans to use new funding to accelerate release of features, including the DISCO machine learning platform, and to expand its complementary professional services. The company will also grow its sales presence in major U.S. cities and has created a new sales team focused on corporate legal departments. Leadership frames DISCO’s mission as using technology to improve legal outcomes and the experience of practicing law. CS Disco develops a software-as-a-service ediscovery product called Disco that the company says lets lawyers find evidence up to 10x faster, even on multi-terabyte datasets. The product is positioned as an all-inclusive replacement for siloed litigation-support tools and third-party services, with a focus on ease-of-use for lawyers rather than IT staff. Since its March 2013 launch, more than 300 law firms, corporations, and government entities — including 40 of the AmLaw 200 — have used Disco in major cases and investigations. The company reported 20% month-over-month revenue growth in 2014 and said revenues and customer count grew close to 5x in the roughly 10 months since LiveOak's investment. Leadership emphasizes combining engineering with legal domain expertise and a vision of enabling lawyers to reclaim control of discovery. Customer investors and rapid commercial adoption are highlighted as validation of the product and go-to-market approach.

Total raised

$232M

Funding rounds

6

Latest round

Equity

Latest activity

Dec 2020