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Descript Scores $50M Series C Funding

2022-11-15
SAN FRANCISCO, CA, Descript, the simple, powerful, full-workflow video and audio editor, today announces a $50 million Series C round.
The round was led by OpenAI Startup Fund to support and accelerate AI integration into creativity. Andreessen Horowitz, Redpoint Ventures, Spark Capital and Daniel Gross also participated in the round.

Descript is a new kind of video editor that's as easy as a doc. With tons of cool AI-powered features built into an intuitive interface, Descript powers YouTube and TikTok channels, top podcasts, and businesses using video for marketing, sales, internal training and collaboration. Descript aims to make video a staple of every communicator's toolkit, alongside docs and slides.
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