Descript
Everything you need to know about Descript — from their $104M in funding to who's backing them.
Updated Mar 23, 2026Awaira Score
Out of 100
HQ
United States
Founded
2017
Raised
$104M
Stage
Series C
Team
200
Valuation
$553M
Post-money
Total Raised
$104M
All rounds
Awaira Score
77/100
Founded
2017
200 employees
Awaira estimate based on public data. Not financial advice.
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,…
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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.
Market Position
Descript is a well-funded AI startup in the AI Video sector. Founded in 2017, the company is currently at the Series C stage with a team of approximately 200 employees. With $104M in total disclosed funding, Descript has demonstrated the ability to attract institutional capital. The company competes with 3 other tracked AI Video companies on Awaira, including Luma AI and Kuaishou.
Key Numbers
Awaira Score
77/100
Valuation
$553M
Total Funding
$104M
Founded
2017
Employees
200
Stage
Series C
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.
Why Track Descript?
With $104M in disclosed funding, Descript is a well-capitalized player in the AI Video segment.
Among 3 tracked competitors, Descript ranks #4 by valuation — a metric investors and analysts use to gauge market standing.
Tracking Descript on Awaira provides real-time updates on funding rounds, investor activity, and competitive moves in the AI Video market.
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
Open Positions at Descript
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Compare Descript
See how Descript stacks up against competitors in valuation, funding, team size, and Awaira Score.
Founded Same Year (2017)
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