Descript
Everything you need to know about Descript — from their $104M in funding to who's backing them.
Awaira Score
Out of 100
HQ
United States
Founded
2017
Raised
$104M
Stage
Series C
Team
200
About Descript
Descript is an AI-powered video and audio editing platform founded in 2017 that simplifies media production through automated transcription and editing capabilities. The platform converts speech to text, allowing users to edit video and audio by editing the transcript itself, which automatically syncs changes to the media. This approach removes traditional timeline-based editing complexity,…
Key Facts
- Descript is valued at $553M as of March 2026.
- Descript has raised a total of $104M in disclosed funding across 4 funding rounds.
- Descript was founded in 2017 by Andrew Mason and is headquartered in United States.
- Descript employs approximately 200 people.
- Descript operates in the AI Video category and is currently at the Series C stage.
- Descript has an Awaira Score of 77/100, ranking it among the tracked AI companies on Awaira.
- Descript's most recent funding round was a Series C of $50M closed in November 2022, led by Craft Ventures.
Source: Awaira · Updated Mar 23, 2026
Valuation
$553M
Post-money
Total Raised
$104M
All rounds
Awaira Score
77/100
Founded
2017
200 employees
Strengths & Risks
Strengths
Strong Awaira Score of 77/100
Growing team of 200 employees
Late-stage with proven business model
Analysis based on publicly available data. Not investment advice.
Funding Velocity
4
Total Rounds
$23.75M
Avg Round Size
5.9yr
Funding Span
Descript raised 4 rounds over 5.9 years, averaging $23.75M per round — a pace of roughly one round every 18 months.
Awaira estimate based on public data. Not financial advice.
How does Descript stack up against competitors?
Competitor Comparison
Investors in Descript
Funding Rounds
InactiveLed by Craft Ventures
$50M
Nov 2022
Led by Accel
$25M
Sep 2019
Homebrew, Initialized Capital
$15M
Jan 2018
$5M
Jan 2017
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