CS Disco
👤 Kiwi Camara (Harvard Law's youngest-ever grad (JD at 19) and a coder: a litigator who lived document-review hell and could build the fix.)🌐 site𝕏LinkedIn
Every lawsuit has to review its evidence. DISCO moved that legally-required work to the cloud and bills for it.
Will it work? · our read
Rules sell it. Mandated demand is not the same as profit: DISCO lost about $44M in 2025, growth cooled to 8%, and net retention sits at 98%. A forced market, not an easy one.
01How the money moves
A lawsuit or probe forces discovery
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Legal team loads and reviews data in DISCO
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DISCO bills by data, seats and AI review
02The numbers
$156.8MEstimateFY2025 revenue, up 8%
FY2025 (Dec 31, 2025)
Software is about 86% of revenue; 330 customers each pay $100K+. Our read: a real SaaS, not a services shop. 10-K
$156.8M FY2025, up 8% — still $44M in the red.
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You have the verdict. Members get the work behind it.
- The CENTS scorecard — where it's strong, where it's soft
- The founder's key move, and the counter-move
- How it could die — the evidence, and how sure we are
- The case against our own call
- A 🚀 launchpad prompt — the case, as a plan for your business
We rate our own confidence — and argue against ourselves. Nobody else in this category does.
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See a full teardown, free → ImportYetiSourcesSources last checked 8 October 2026
SEC 8-K — FY2025 earnings release — prints total revenue $156.8M, software $134.0M, net loss $44.4M.SEC 10-K FY2025 — 1,549 customers, 98% net dollar retention, 330 large customers.Fortune (Sep 2023) — founder Kiwi Camara resigned amid misconduct allegations; $110M+ pay package.Wikipedia — Kiwi Camara — youngest Harvard Law grad (JD at 19), founded DISCO 2013.StockAnalysis — LAW — FY2025 revenue $156.85M, FY2024 $144.84M.
Revenue $156.8M is DISCO's FY2025 total (year ended Dec 31, 2025), stated verbatim in its SEC 8-K earnings release — STATED, first-party: the earnings release is a press release exhibit to the 8-K, not the audited body of the 10-K, so it does not earn a FILED badge even though it is accurate and SEC-furnished. From the same filings: software revenue $134.0M (about 86% of total), net loss $44.4M, cash $19.7M, 1,549 customers, 330 large customers (over $100K), 98% dollar-based net retention — all from the 10-K, FILED. No currency conversion (USD throughout); the subject is DISCO itself, not a parent. Founder Kiwi Camara resigned in September 2023 amid reported sexual-misconduct allegations after a $110M+ pay package — documented by Fortune/WSJ and Wikipedia, not alleged by us. Rival revenue and valuation figures are omitted rather than guessed. The regulation framing (US Federal Rules of Civil Procedure and legal-hold duties force document review) is our read of why demand exists, not a company claim. We never score you.