Startup profile for Descript: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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Descript funding, valuation and investors

AI-powered audio and video editor — edit media like a text document.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series C

$50M · November 2022

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$50M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

growth · San Francisco, California

Investors in latest funding

Lead: OpenAI Startup Fund

Other: Andreessen Horowitz , Redpoint Ventures , Spark Capital

Sources: latest funding Last verified: 2026-07-25

Overview

Descript is an AI-powered audio and video editor that treats media like a text document — enabling transcript-based editing, overdub voice cloning, and collaborative podcast/video production. Raised $50M Series C in November 2022 led by OpenAI Startup Fund with a16z, Redpoint, and Spark Capital participating.

Why Descript is interesting

Descript pioneered transcript-based media editing — OpenAI Startup Fund joined a16z and Spark in Series C as AI reshapes content creation.

Product & use cases

Edit audio/video by editing text transcripts — with overdub voice cloning, filler-word removal, and collaborative production tools.

  • Podcast editing via transcript manipulation
  • Video content creation for creators and marketers
  • Team collaborative media production with version control

Key facts

  • Series C (Nov 2022): $50M led by OpenAI Startup Fund; a16z, Redpoint, Spark
  • Founded by Andrew Mason (Groupon founder)

Funding history (newest first)

Series C

2022-11 $50M

Source: https://www.descript.com/blog/series-c

Investors in our directory

Funds linked from Descript's profile — open a fund page for stage focus and related deal articles.

Andreessen Horowitz Redpoint Ventures Spark Capital

Competitive landscape

Edge: Transcript-first editing paradigm — faster than traditional timeline editors for spoken content.

AI is democratizing media editing. Descript owns transcript-first UX but faces CapCut on consumer and Adobe on pro. Voice cloning raises consent/ethics questions.

  • Adobe Premiere incumbent

    Professional timeline editor; steeper learning curve.

  • Riverside.fm adjacent

    Recording platform with editing; less AI-native.

  • CapCut direct

    Consumer video editor with AI features; mobile-first.

  • Otter.ai adjacent

    Transcription; less full editing suite.

Notable stories

  • Descript was founded by Groupon founder Andrew Mason after he wanted easier podcast editing — transcript-as-timeline became the core innovation (Descript blog).

Industries

AI & Machine Learning Media & Entertainment

FAQs about Descript

Practical answers founders, operators, and investors typically search for.

AI-powered audio/video editor — edit media by editing text transcripts.
OpenAI Startup Fund led Series C. a16z (/fund/andreessen-horowitz), Redpoint (/fund/redpoint-ventures), Spark (/fund/spark-capital) participated.
Descript's AI voice cloning feature for correcting narration.
Descript is transcript-first for spoken content; Premiere is timeline-based pro editor.
November 2022 — $50M.
Andrew Mason, also founder of Groupon.
Not publicly disclosed.
San Francisco.
No.
Growth/Series C.
Website All startups Funding news

By Venture Capital Tracker

Last updated:

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.