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Candice Faktor

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How Disco Reached Hundreds of Customers with a Free and SaaS Pricing Model for Live Learning (Interview with Co-Founder Candice Faktor)

Candice Faktor (Co-Founder of Disco) spoke to Nathan Latka on February 23, 2022.

Disco figures from the interview

Customers (2022)
Hundreds
Seed Round (2021)
$5M
Pre-Seed Round (2020)
$750K
Pro Plan Price (2022)
$85 per month
Wait List (2021)
1,000 customers
“We started with knowledge creators who really wanted to build community based learning. And it's expanded, you know, from solopreneurs who are, you know, individual knowledge creators putting learning communities together to like really big now organizations are using us like Makerpad, which is the largest no code school. It's owned by Zapier. We are the OS for their entire learning community. Dribbble, one of the world's biggest product design communities, they're using disco to be the OS for their entire Dribbble university.”
“In our last round, we raised 5,000,000 US, and we have incredible angels as well. Lots of interesting folks from Shopify, Lambda School, Solana, Endeavor, very interesting people who are participating.”
“That was just a friends and family 750 k round.”

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Bio

Candice is the co-founder of Disco.co, a platform for knowledge creators to build a live learning empire, and a serial tech entrepreneur who has a passion for learning and community. Before launching Disco, Candice scaled Wattpad to 80 MM users, making it the world’s largest platform for creators to share their stories (sold in Jan 21, for US $660MM). She is a frequent speaker on the future of learning, an early pioneer in cohort based courses, and creator of Gamechanger.co, a live learning community of 3000+ innovators. Candice is a venture partner for Lobby Capital, and a Board Member of Coveo, an enterprise AI SAAS platform valued at over $1Bn. She is from South Africa, lives in Toronto with her husband, two boys and puppy.

Company

Disco

Toronto, Canada · Founded 2020

Revenue
$3M
Funding
$25.7M
Team size
29
Customers
400

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