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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Descript was founded with the mission to simplify and revolutionize the way new media creators edit audio and video content. The company offers a collaborative audio and video editor that transcribes audio into text, allowing users to edit their media files as easily as they would a text document. This innovative approach aims to eliminate the tedious aspects of media editing, enabling creators to focus on their craft rather than technical hurdles. Descript targets podcasters, video producers, and other digital content creators looking for efficient and intuitive editing solutions.
Notable figures associated with Descript include Andrew Mason, the founder of Groupon, who is also the founder of Descript. The company has attracted significant investment from prominent venture capital firms such as Andreessen Horowitz. Key achievements include the development of groundbreaking features like Overdub, which allows users to create synthetic voiceovers, and integration with major platforms like Zoom and Slack. Descript has made a substantial impact by streamlining the editing process for content creators, thereby enhancing productivity and creativity in the digital media landscape.
Operating Status
Active
Ownership Type(s)
Venture Capital
Main Product(s)
Video Editing
Technology
AI
Tags
SaaS
Model Types
Software
Revenue Type(s)
Recurring
Customer Type(s)
Small Business
Geographic Exposure
Global
Who are Descript competitors?
Companies similar to Descript include Rephrase.ai, Synthesia, Decoherence, EzDubs, Aug X Labs, InVideo, and Runway.
When was Descript founded?
Descript was founded in 2017.
Where is Descript’s headquarters located?
Descript’s headquarters is located in San Francisco, CA, US.
When was Descript’s last funding round?
Descript’s most recent funding round was for $50M (USD) in October 2022.
How many employees does Descript have?
Descript has 163 employees as of Feb 5, 2024.
How much has Descript raised to-date?
As of July 05, 2023, Descript has raised a total of $200M (USD) since Oct 27, 2022.
Add Comparison
Total Raised to Date
$200M
USD
Last Update Oct 27, 2022
Last Deal Details
$50M
USD
Oct 27, 2022
Series C
Total Employees Over Time
163
As of Feb 2024
Descript Address
385 Grove St.
San Francisco,
California
94102
United States
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Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts