Descript
Latest round
- Series C
Last raised
- Nov 2022
Total raised
- $101M
Investors
- 4
About Descript
Descript, Inc.Descript, Inc. was founded in 2017 by Adrien Crozat, Alexandre De Brebisson, and Marc Hervier in San Francisco, US. The company has undergone a pivot towards advanced AI integration in its product offering.Descript specializes in innovative media editing tools designed to simplify video and podcast creation through advanced AI features. Its core product offerings include a text-based video and audio editing platform that allows users to edit content as easily as modifying a document. The platform integrates functionalities such as automatic transcription, multitrack audio editing, screen recording, and AI-driven features like voice cloning and background removal. Descript serves a diverse customer base, including marketers, educators, and content creators, seeking to enhance their media production capabilities.Descript operates on a subscription-based revenue model, offering multiple pricing tiers to cater to a range of users, from individual creators to enterprises. The primary pricing plans include the Free tier, which allows limited access to services, the Hobbyist plan at USD 16 per month, and the Creator plan at USD 24 per month, each providing varying levels of transcription hours, export quality, and access to advanced AI features. Through these subscription structures, users engage with Descript's offerings directly, facilitating transactions that enable continued access to its editing tools and resources.In November 2022, Descript, Inc. The company plans to expand its product line with new AI-driven features aimed at improving user experience and efficiency. Descript is also targeting international markets for expansion, specifically focusing on increasing its presence in Asia and Europe by mid-2024.
Who invested in Descript
4 investors across 4 rounds
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Questions about Descript
Who invested in Descript?
Descript has 4 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Descript raised?
Descript has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Descript last raise money?
Descript's most recent round on record is a Series C, in Nov 2022.
What does Descript do?
Descript is a software company.
Where is Descript headquartered?
Descript is headquartered in San Francisco, US.
Which VCs invest in companies like Descript?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Descript's stage. Their profiles are linked below.
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