
Disco
How founder, Candice Faktor, moved Disco from an overpriced legacy incumbent to Mantle

Sabena Quan
•
3 min read
Case study
Mantle Equity
Fundraising
Series A
Customer
Disco is an AI-native learning platform designed to deliver transformative live and social learning experiences.
Disco is an AI-native learning platform designed to deliver transformative live and social learning experiences. Led by Candice Faktor, a legendary figure in the Toronto tech ecosystem and former first business hire at Wattpad, Disco is revolutionizing adult education by moving beyond "boring" video-based courses to highly effective, cohort-based models that drive real behavior change.
As a serial entrepreneur who scaled Wattpad from 4 million to 90 million users, Candice understands that high-growth companies cannot afford to be slowed down by "entitled" legacy systems. When it came time to manage Disco’s own growth and equity, she chose Mantle for its disruptive approach and founder-first mindset.
The Challenge: Moving Beyond "Entitled" Legacy System
Candice’s experience scaling Wattpad taught her that finding "signal from noise" is the key to startup success. She applied this same rigor to Disco’s back-office operations, quickly identifying that their existing equity management solution was a point of diminishing returns.
The Premium Price Trap: Disco was initially using a high-priced, "name brand" cap table competitor. Candice found that the software felt "entitled" to a premium price tag that didn't necessarily reflect a superior experience or better results for the business.
The Migration "Hassle": Many founders stick with subpar, expensive tools because the migration process is viewed as a hurdle. Candice needed a platform that made the transition worthwhile by offering a leap in both value and performance.
Scaling for Enterprise: As Disco shifted its focus toward essential training businesses and large organizations, Candice required a corporate foundation that provided institutional-grade rigor without the unnecessary overhead of legacy platforms.
"We were using a competitor that was a premium competitor name brand. They were really expensive and they felt very entitled to have that price tag on their software. I shifted over because relationships matter, and I believe you’re building an incredible product."
- Candice Faktor, co-founder & CEO, Disco
The Solution: Better Functionality at a Disruptive Price Point
Candice chose Mantle as Disco’s equity "source of truth," prioritizing a platform that delivered high-fidelity features (like advanced dilution modeling and automated security issuance) at a fraction of the cost of legacy incumbents.
Superior Cost-Effectiveness: Mantle provided the same (and often better) functionality as Disco's previous provider. This allowed Candice to reallocate capital away from "admin taxes" and back into Disco's core AI R&D.
Streamlined Implementation: Despite the initial perceived "hassle" of switching, Mantle’s high-touch onboarding ensured that Disco’s cap table was migrated accurately and efficiently, creating an immediate ROI.
AI-Native Infrastructure: As Disco evolves into an "agentified product," Candice valued Mantle’s modern infrastructure. The platform uses AI and automation to handle the complex math of private asset management, mirroring the innovation Disco brings to the learning space.
The Result: Focus on Essential Growth
By moving to a more efficient equity platform, Candice and her co-founder Chris Sukornyk were able to successfully pivot Disco to the high-value enterprise and training market with a lean operational footprint.
Enterprise-Ready Rigor: Mantle’s high-fidelity reporting ensures Disco is always "diligence-ready" for its next funding round or enterprise partnership.
Strategic Clarity: Using Mantle’s "what-if" modeling, Candice can visualize the long-term impact of strategic decisions, ensuring the team stays focused on their next destination.
An Ecosystem of Support: Beyond the software, Candice found a partner that treats entrepreneurship as a shared venture, offering a product that scales with the company's ambitions without the "entitled" price tag.
The Founder's Takeaway: Question the Status Quo
For Candice, choosing a cap table platform is a strategic decision that impacts the company's bottom line and operational speed.
"I am a big fan of disruptive innovation, and I think about Mantle in that regard."
