AI-powered audio and video editing as easy as a doc
AI📍 San Francisco, CAFounded 2017
Current Valuation
$550M
as of 2022-11-15
PRIVATE
Descript is an AI-powered platform for editing video and podcasts by editing the transcript like a text document, with tools for transcription, screen recording, captioning, and AI voice and avatar generation. It raised an OpenAI-led Series C and transitioned to CEO Laura Burkhauser in 2025.
Company Profile
CEO
Laura Burkhauser
Founded
2017
HQ
San Francisco, CA
Total Raised
$100M
IPO Status
private
Fundraising Status
privateTotal raised $100M
Secondary Market
Implied price / share
$12.45
Last round price / share
$15.31
vs last round
-18.7%
Last round price vs secondary price
Secondary price return by period
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →
Founders & Key People
Andrew Mason
Investors
OpenAI Startup Fund · Andreessen Horowitz · Spark Capital · Redpoint Ventures
AI VideoAudio EditingTranscriptionContent Creation
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2022-11-15. Refreshed quarterly.