Descript builds collaborative tools for new media creators. The firm strives to eliminate the tedious work that often stands between an idea and its expression, so that creators can focus on developing their craft instead of their usage of tools. Descript is a next generation digital media platform that offers a new 'engine'' that lets you edit audio by editing text (instead of waveforms).
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 01/13/21 | $30,000,000 | Series B |
Alex Blumberg Evan Williams Jack Conte Lenny Rachitsky Naval Ravikant Redpoint Ventures Spark Capital  | undisclosed |
| 11/15/22 | $50,000,000 | Series C |
Andreessen Horowitz Daniel Gross OpenAI Startup Fund Redpoint Ventures Spark Capital | undisclosed |
