Descript Inc.
About the company
Descript Inc. is a software company founded in 2017 and headquartered in San Francisco, California, United States. It specializes in developing AI-powered audio and video editing tools aimed at simplifying media production for creators and businesses. The company evolved from its podcasting service origins into offering a text-based editing platform that enables users, including non-technical creators and teams globally, to produce and collaborate on multimedia content with ease.
The company’s primary offerings include the Descript platform—an AI-driven video and audio editing service—with integrated podcasting tools and AI features such as Overdub, a voice cloning technology, and Underlord, an AI-powered editing assistant. Descript employs a freemium SaaS business model, providing a free tier alongside paid subscription plans tailored to individual creators, collaborative teams, and enterprises. Since its inception, Descript has expanded its user base across diverse markets including small and medium businesses, enterprises, content creators, marketers, educators, and journalists.
Descript Inc. has completed several funding rounds up to a Series C stage, raising around $100 million with investments from notable venture capital firms and strategic investors such as OpenAI Startup Fund, Andreessen Horowitz, and Redpoint Ventures, among others. The company remains independently owned and continues to develop innovative solutions that aim to make video and audio communication as accessible and effortless as text editing.
