Descript - About the company
Descript is a series C company based in San Francisco (United States), founded in 2017 by Andrew Mason. It operates as a Provider of an AI-powered platform for video and podcast creation. Descript has raised $101M in funding from investors like Redpoint Ventures, Andreessen Horowitz and Spark Capital, with a current valuation of $*****. The company has 2524 active competitors, including 131 funded and 33 that have exited. Its top competitors include companies like Verbit, Otter.ai and Invideo.
Company Details
Provider of an AI-powered platform for video and podcast creation. The platform offers tools for editing, transcription, and generating media. It provides features such as screen recording, captioning, and AI speech capabilities. The platform also offers templates and AI avatars for users. It caters to marketing, learning, sales, support, and content creation purposes.
- Website
- www.descript.com/
- Social
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2017
Location
San Francisco, United States
Stage
Series C
Total Funding
$101M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 15, 2022
Investors
Ranked
15th among 2524 active competitors
Employee Count
181 as on Jun 30, 2026
Similar Companies
Legal entities associated with Descript
Descript is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Descript, Inc. CIN: 822638807 , United States, Active | Dec 31, 1999 | - | 147 (As on Dec 31, 2024) | - |
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Descript's funding and investors
Descript has raised a total funding of $101M over 4 rounds. Its first funding round was on Dec 12, 2017. Its latest funding round was a Series C round on Nov 15, 2022 for $*****. 6 investors participated in its latest round. Descript has 8 institutional investors and 20 angel investors.
Here is the list of recent funding rounds of Descript:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 15, 2022 | 4890705 | Series C | 2952089 | 3143673 | 9410635 | 5826701 |
Jan 12, 2021 | 6468354 | Series B | 5909070 | 9342555 | 1363062 | |
Sep 2019 | 5633535 | Series A | 6475143 | 8538387 | 3358708 |
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Descript's founders and board of directors
Founder? Claim ProfileThe founders of Descript is Andrew Mason.
Here are the details of Descript's key team members:
- Andrew Mason: Former Founder & CEO of Descript. Contact Info: 1 email address
Descript's Board of Directors
Descript's board has 4 active members. Andrew Mason, Alex Rampell, Nabeel Hyatt and Kundan Kumar are independent board members.Here is the list of Descript's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 3y 8m | |
cgrtxsd | Independent board member | - | Current | 7y 6m |
fuwyddl | Independent board member | - | Current | 5y 4m |
xcahhkd | Independent board member | - | Current | 7y 4m |
View details of Descript's Founder profiles and Board Members
Descript's employee count trend
Descript has 181 employees as of Jun 26. Here is Descript's employee count trend over the years:
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Descript's Competitors and alternates
Top competitors of Descript include Verbit, Otter.ai and Invideo. Here is the list of Top 10 competitors of Descript, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Verbit 2017, New York City (United States), Series E | Provider of cloud and AI-based natural language processing platform to develop speech recognition applications | $550M | 75/100 | |
2nd | Otter.ai 2016, Los Altos (United States), Series B | Developer of an AI meeting agent providing transcription and summarization | $70M | 75/100 | |
3rd | Invideo 2017, San Francisco (United States), Series B | Developer of an artificial intelligence platform for video creation and editing | $52.5M | 74/100 | |
4th |  VideoVerse 2016, Los Angeles (United States), Acquired | Provider of AI-driven technology for video editing and content transformation | $105M | 72/100 | |
5th | Synthesia 2017, London (United Kingdom), Series E | Developer of software for generating videos using artificial intelligence avatars | $536M | 69/100 | |
6th | Runway 2018, New York City (United States), Series E | Developer of artificial intelligence tools for image and video generation | $860M | 69/100 | |
7th |  Lightricks 2013, Jerusalem (Israel), Series D | AI-powered tools for image, video editing, and content creation | $335M | 68/100 | |
8th |  Tavus 2020, Houston (United States), Series B | Developer of a conversational video interface and AI human models | $64.2M | 67/100 | |
9th | Wispr Flow 2021, San Francisco (United States), Series A | Developer of AI-powered voice dictation software for seamless text creation | $81M | 67/100 | |
10th |  HeyGen 2020, Los Angeles (United States), Series A | AI-powered video creation platform | $65.6M | 66/100 | |
15th | Descript 2017, San Francisco (United States), Series C | Provider of an AI-powered platform for video and podcast creation | $101M | 65/100 |
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Descript's Investments and acquisitions
Descript has acquired 2 companies including SquadCast and Lyrebird. Descript has not made any investments as of now.Reports related to Descript
Here is the latest report on Descript's sector:
News related to Descript
Filter this listMedia has covered Descript for a total of 3 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Descript Hackathon Delivers 70 Product Updates and $14,000 Charity Donation in 48 HoursPR Newswire•Jun 30, 2026•Descript
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Kaltura and Descript Partner for AI-Powered Video AccessibilityGlobeNewswire•Mar 30, 2026•Descript, Kaltura, Kaltura
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Speak lands investment from OpenAI to expand its language learning platformTechCrunch+•Nov 17, 2022•Speak, Descript, OpenAI Startup Fund
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Descript's revamped video editing Storyboard feature launches for all usersThe Verge•Nov 15, 2022•Descript
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Descript Raises $50 Million Series C Led by OpenAI Startup FundPRWeb•Nov 15, 2022•Descript, OpenAI Startup Fund, Daniel Gross, Andreessen Horowitz and 4 others
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