disco
DISCO, founded in 2013 and headquartered in Austin, Texas, is a legal technology company specializing in cloud-based solutions for litigation.
Profile
Provides cloud-based legal technology solutions for litigation and e-discovery.
DISCO, founded in 2013 and headquartered in Austin, Texas, is a legal technology company specializing in cloud-based solutions for litigation. The company went public in 2021 under the ticker LAW and has since focused on integrating AI into its platform to streamline legal processes. DISCO’s flagship product, the DISCO platform, offers tools for e-discovery, case management, and legal analytics, catering primarily to law firms and corporate legal departments.
As of Q1 2026, DISCO reported $41.9 million in total revenue, a 14% year-over-year increase, with software revenue accounting for $34.7 million. The company has also expanded its customer base to 347 clients generating over $100,000 annually, marking a 9% growth from the previous year. Despite these gains, DISCO continues to operate at a loss, with a Q1 2026 GAAP net loss of $9.6 million, though this represents an improvement from the $11.4 million loss in Q1 2025. DISCO’s strategic focus on AI-driven litigation tools positions it as a leader in legal tech, but its financial trajectory remains a point of scrutiny as it balances innovation with profitability.
Who buys this
- Law firms
- Corporate legal departments
- Legal service providers
- Government agencies
- Litigation support teams
Strengths and what to watch
Strengths
- Strong focus on AI-driven legal technology
- Growing customer base with high-value clients
- Consistent year-over-year revenue growth
Watch for
- Ongoing financial losses despite revenue growth
- High dependency on AI adoption in legal industry
- Potential market saturation in legal tech
Recent moves
Key Information
- Founded
- 2013
- Headquarters
- Austin, Texas
Frequently Asked Questions
What does DISCO do?
DISCO provides cloud-based legal technology for litigation and e-discovery. Founded in 2013, their AI-powered platform helps law firms and corporations manage cases, analyze legal data, and streamline discovery processes. The Texas-based company went public in 2021 and serves 347 clients spending over $100k annually.
How is DISCO performing financially?
DISCO reported $41.9M revenue in Q1 2026, a 14% yearly increase, with $34.7M from software. However, they posted a $9.6M net loss, improving from $11.4M in 2025. The company has 347 high-value clients but hasn't achieved profitability despite revenue growth.
What are DISCO's main products?
DISCO's flagship platform offers e-discovery, case management, and legal analytics tools. Their cloud-based solutions use AI to help legal teams organize documents, analyze case data, and manage litigation workflows. The system serves law firms, corporations, and government agencies handling complex legal matters.
Who uses DISCO's legal tech?
DISCO primarily serves law firms, corporate legal departments, and government agencies. Their clients include litigation support teams and legal service providers handling large-scale discovery. Over 347 organizations spend $100k+ annually on DISCO's AI-powered tools for case management and document analysis.
How does DISCO use AI in legal tech?
DISCO integrates AI into its cloud platform to automate document review, predict case outcomes, and analyze legal data. Their tools help lawyers identify relevant evidence faster and manage litigation workflows more efficiently. The company positions AI as central to its e-discovery and case management solutions.
Is DISCO a leader in legal technology?
DISCO is considered a legal tech leader with its AI-driven platform and growing client base. However, despite 14% revenue growth, ongoing losses raise questions about sustainability. Their focus on cloud-based litigation tools competes with established players in the increasingly crowded legal technology market.
Sources
- finance.yahoo.com — Q1 2026 financial results
- ir.csdisco.com — Q1 2026 financial highlights and outlook
- www.informationweek.com — Context on tech layoffs and AI realignment
- techcrunch.com — Tech layoffs in 2025