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Descript announced it raised $53.7 Million in an amended filing from an offering of $53.7 Million

Jul 13, 2023about 2 years ago

Amount Raised

$53.7 Million

San FranciscoInformation Technology

Company Information

Company

Descript

Location

385 GROVE STREET

San Francisco, California, United States

About

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

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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