Descript is a media editing platform that streamlines the creative process for audio and video creators. Through a document-style interface, users can easily record, transcribe, edit, and collaborate on multimedia projects. Descript's core technology uses AI to generate transcripts from audio and video files, allowing creators to edit by manipulating the text. This innovative approach, coupled with tools like filler word removal and realistic voice synthesis, saves creators significant time and effort.
Andrew Mason, founder of Groupon, launched Descript in 2017 after identifying inefficiencies in traditional media editing workflows. Drawing from his entrepreneurial experience building a multi-billion dollar company, Mason assembled a skilled team to tackle this problem. Descript has since attracted notable customers like NPR, VICE, The Washington Post, and The New York Times. With a recent $50 million Series C funding round, the company is well-capitalized to execute on its mission of making audio/video editing effortless for creators worldwide.
For prospective employees, Descript offers the opportunity to work on pioneering AI technologies that are reshaping media creation. The company culture values innovation and provides a platform to have a tangible impact. However, Descript must carefully navigate privacy concerns around its voice cloning capabilities and differentiate its product offerings as transcription and text-to-speech tools become more ubiquitous.
2017
Founded
100-250
Employees
Series C
Stage
$550M
Latest Valuation
$100-200M
Total Funding
Jul 13 2023
Last Fundraise
Why is the rating
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