Descript Stock
| Valuation | $543.78M1, 2 |
| Valuation Date | Nov 15, 2022 |
| Implied Valuation | n/a |
| Last Price | $12.45 |
| 52-Week High | $13.33 |
| 52-Week Low | $12.45 |
| YTD Return | -6.60% |
| 1-Year Return | -6.60% |
| 3-Year Return | n/a |
| Total Funding | $100M2, 3 |
| Latest Round Amount | $50M2 |
| Latest Round | Series C |
| Funding Rounds | 4 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | $55M4 |
| Revenue Type | ARR |
| P/S Ratio | 9.9 |
About Descript
Descript is an AI-powered video and podcast editor that lets people edit audio and video by editing a text transcript. It transcribes recordings automatically and includes screen recording, AI voice cloning and an AI co-editor called Underlord that can trim filler words, design scenes and generate social clips. Descript makes money by selling monthly and annual subscriptions to creators, podcasters and business teams. The company was founded by Andrew Mason, who previously founded Groupon.
Invest in Descript
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News
Descript Launches API in Open Beta with Editing and Workflow Updates
Descript released its API in open beta on May 14, 2026, letting paying users connect external tools and automate transcription, editing, and publishing workflows programmatically.
Descript launches API in open beta
Descript released its API in open beta in May 2026, enabling teams to connect external tools and automate audio and video workflows including Underlord AI actions.
Kaltura and Descript Partner on AI-Powered Enterprise Video Creation
Kaltura and Descript announced a strategic partnership to combine Kaltura's AI video and avatar tools with Descript's script-based editing platform for enterprise content production, with an initial d...