Descript is a Video Editing & Production company founded in 2017 and based in San Francisco, United States. It has raised $100M in total funding, most recently a Series C in 2022 at a $550M valuation.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Nov 15, 2022 | Series C | $50M | $550M | OpenAI Startup Fund |
| Jan 12, 2021 | Series B | $30M | $260M |
| Spark Capital |
| Sep 18, 2019 | Series A | $15M | — | Andreessen Horowitz, Redpoint Ventures |
| Dec 12, 2017 | Seed | $5M | — | Andreessen Horowitz |
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Descript's AI co-editor that enables users to create, edit, and design videos through natural language description. Users describe their creative vision and Underlord generates, edits, and designs the complete video under their direction. It combines AI judgment with professional-grade editing expertise, featuring automated design tools and timeline editing. Targets content creators and video producers seeking AI-assisted video production without requiring advanced technical skills.
AI-powered voice cloning technology that allows users to generate synthetic speech by recording a sample voice and then adding or replacing words in video transcripts. Users can create natural-sounding voiceovers without re-recording, enabling quick fixes, multilingual content generation, and synthetic narration for educational and professional videos. Acquired through Lyrebird in 2019.
Audio enhancement feature that improves voice quality and removes background noise in recordings with a single click. Automatically elevates audio production standards for podcasts, videos, and interviews without requiring manual audio engineering. Democratizes professional audio editing for creators of all skill levels.
9 patents on file, but none with both an extractable figure and an abstract on Google Patents yet.
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