Descript, Inc.
Series CRaised $101M at $550M valuation
About Descript, Inc.
Collaborative audio and video editor that uses AI-powered transcription for text-based editing, founded by former Groupon CEO Andrew Mason. Founded in 2017 and headquartered in San Francisco, United States, Descript, Inc. has raised a total of $101M in funding and is currently at the Series C stage. Notable investors include OpenAI Startup Fund, Andreessen Horowitz, Redpoint Ventures, Spark Capital. The company has an estimated revenue of $55M ARR.
Total Funding
$101M
Valuation
$550M
Est. Revenue
$55M ARR
Employees
100-200
Descript, Inc. — Key Facts
| Company | Descript, Inc. |
|---|---|
| Product | Descript |
| Founded | 2017 |
| Headquarters | San Francisco, United States |
| Employees | 100-200 |
| Funding status | Venture-backed |
| Total funding | $101M |
| Valuation | $550M |
| Stage | Series C |
| Est. revenue | $55M ARR |
| Founder | Andrew Mason |
| Website | descript.com |
Founders
Funding Rounds
- Series C$50MNov 2022OpenAI Startup FundAndreessen HorowitzRedpoint VenturesSpark Capital
- Series B$30MJan 2021Spark CapitalAndreessen HorowitzRedpoint Ventures
- Series A$15MSep 2019Andreessen HorowitzRedpoint Ventures
Investors
Company Profiles
Descript, Inc. — Frequently Asked Questions
Who owns Descript?
Descript is developed by Descript, Inc., headquartered in San Francisco, United States.
Who founded Descript, Inc.?
Descript, Inc. was founded by Andrew Mason in 2017.
How much funding has Descript, Inc. raised?
Descript, Inc. has raised $101M and is at the Series C stage. Investors include OpenAI Startup Fund, Andreessen Horowitz, Redpoint Ventures, Spark Capital.
How many employees does Descript, Inc. have?
Descript, Inc. has approximately 100-200 employees.
Where is Descript, Inc. headquartered?
Descript, Inc. is headquartered in San Francisco, United States.
What is Descript, Inc.'s estimated revenue?
Descript, Inc. has an estimated revenue of $55M ARR.
