When was Descript founded?

Descript was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is Descript located?

Descript is headquartered in San Francisco, United States. It is registered at San Francisco, California.

How many employees does Descript have?

As of Aug 31, 2026, the latest employee count at Descript is 176.

Is Descript a funded company?

Descript is a funded company, having raised a total of $101M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Dec 12, 2017.

How much is Descript worth?

The latest valuation of Descript is $***** as of Dec 18, 2025. This marks a decline of 10% from its peak valuation of $550M in Nov, 2022. This marks a decline of 10% from its peak valuation of $550M in Nov, 2022.

When was the latest funding round of Descript?

Descript's latest funding was a $***** Series C round on Nov 15, 2022, with participation from 6 investors. Its primary sector is Generative AI. In United States, the Generative AI sector has seen $255B in funding in 2026 to date.

Where does Descript rank among its competitors?

Descript ranks 12th amongst 3570 active competitors, of which 148 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Higgsfield, which secured $400M in Aug, 2026.

Who are the top competitors of Descript?

Descript's top competitors include Otter.ai, Mirage and Verbit. Among them, Higgsfield secured the most recent funding round in August, 2026.

Descript - 2026 Company Profile, Team, Funding & Competitors

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

Series C, Nov 15, 2022, $*****

Post Money Valuation

$***** as on Dec 18, 2025

Investors

Redpoint Ventures & 27 more

Ranked

12^th among 3570 active competitors

Employee Count

176 as on Aug 31, 2026

Investment & Acquisitions

SquadCast & 1 more

Similar Companies

ElevenLabs & 5181 more

View Descript's full profile

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)	-

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

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 15, 2022	9136828	Series C	8406066	3083598	6587777	7017002
Jan 12, 2021	1492409	Series B	3755012	6191662	3150710	Nabeel Hyatt & 20 more
Sep 2019	3734477	Series A	1166236	4516990	Andreessen Horowitz & 1 more	8301950

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View details of Descript's funding rounds and investors

The 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
Andrew Mason	Independent board member	-	Current	3y 9m
ielsgcr	Independent board member	-	Current	2y 2m
raudwjj	Independent board member	-	Current	5y 4m
mosayks	Independent board member	-	Current	3y 8m

View details of Descript's Founder profiles and Board Members

Descript's employee count trend

Descript has 176 employees as of Aug 26. Here is Descript's employee count trend over the years:

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Top competitors of Descript include Otter.ai, Mirage and Verbit. Here is the list of Top 10 competitors of Descript, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Otter.ai 2016, Los Altos (United States), Series B	Developer of an AI meeting agent providing transcription and summarization	$70M	Spectrum Equity, Horizons Ventures & 25 others	79/100
2nd	Mirage 2021, New York (United States), Series D	AI platform for generating, editing, and captioning videos automatically	$175M	Kleiner Perkins, Index Ventures & 20 others	78/100
3rd	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	Sapphire Ventures, HV Capital & 38 others	75/100
4th	Invideo 2017, San Francisco (United States), Series B	Developer of an artificial intelligence platform for video creation and editing	$52.5M	Peak XV Partners, Surge & 38 others	74/100
5th	Synthesia 2017, London (United Kingdom), Series E	Developer of software for generating videos using artificial intelligence avatars	$536M	LDV Capital, Kleiner Perkins & 34 others	69/100
6th	Lightricks 2013, Jerusalem (Israel), Series D	AI-powered tools for image, video editing, and content creation	$335M	Insight Partners, Goldman Sachs Investment Partners ... & 15 others	68/100
7th	Tavus 2020, Houston (United States), Series B	Developer of a conversational video interface and AI human models	$64.2M	Y Combinator, CRV & 18 others	67/100
8th	Higgsfield 2023, San Francisco (United States), Series B	AI-powered video creation and editing platform	$538M	Menlo Ventures, GFT Ventures & 26 others	67/100
9th	HeyGen 2020, Los Angeles (United States), Series A	AI-powered video creation platform	$65.6M	Benchmark, Conviction & 10 others	66/100
10th	Deepgram 2015, San Francisco (United States), Series C	Provider of AI-based speech transcription software	$229M	Y Combinator, Wing Venture Capital & 30 others	66/100
12th	Descript 2017, San Francisco (United States), Series C	Provider of an AI-powered platform for video and podcast creation	$101M	Redpoint Ventures, Spark Capital & 26 others	65/100