Descript

Descript

A company offering an audio word processing platform that enables editor and producers to edit sound files while a writer would edit its lyrics.

Descript is a company offering an audio word processing platform that enables editor and producers to edit sound files while a writer would edit its lyrics that is headquartered in San Francisco, California and was founded in 2017 by Andrew Mason. Descript was spun-out from Detour and has since developed podcast and audio editing software that allows users to edit audio by editing text.

Product

Audio transcription

The software platform allows users to drag and drop audio within an audio recording using text, and the platform also allows users to add music and sound effect in the form of text to audio files. It also offers a timeline editor for users looking to change fades and audio volume of their audio recordings. The Descript audio editing platform allows multiple users to edit sound recordings at once in a text editor, and create notes for other users to see in the text document similar to Google Docs or Microsoft Word.

The Descript transcription platform uses artificial intelligence for audio transcription into text. The company claims their platform can make text transcriptions from audio recordings that are 96% accurate, can detect each unique speaker, and have a 3 minute turnaround time for transcription of a 60 minute audio recording.

Overdub

The Overdub feature of Descript, which is powered by Lyrebird AI, allows users to make corrections to their audio recordings in their own voice by editing the text transcripts generated by the Descript transcription service. The overdub feature allows users to perform tasks such as doing voiceovers for instructional or marketing videos, create scratch track for temporary audio for video games, animation, and scripted podcasts, and make editorial corrections that blend in with original audio recordings in the speakers own simulated voice. Overdub allows users to choose from a variety of voice performance styles to match their performance style in the audio clips they are editing.

Acquisions

Lyrebird

At the time of announcing their series A funding on September 18, 2019 Descript also announced acquiring Lyrebird, a company making audio editing software, for an undisclosed amount of money. The acquisitions helped Descript launch a new product feature called Overdub which allows users to create templates of their own voices they can use to create audio recordings with their own voice based on typed words they enter into the program.

Funding

Seed

On December 12, 2017 Descript announced raising $5 million in seed funding from Andreessen Horowitz.

Series A

On September 18, 2019 Descript announced raising $15 million in series A funding from Redpoint and Andreessen Horowitz. The company plans on using their funding to focus on company expansion and hire more employees.

Timeline

September 18, 2019

Descript announces a redesigned version of its audio editing software that's geared toward podcast producers.

September 18, 2019

Lyrebird acquisition

At the time of announcing their series A funding on September 18, 2019 Descript also announced acquiring Lyrebird, a company making audio editing software, for an undisclosed amount of money.

September 18, 2019

Series A funding

Descript announces $15 million in series A funding from Andreessen Horowitz.

December 12, 2017

Seed funding

On December 12, 2017 Descript announced raising $5 million in seed funding from Andreessen Horowitz.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Descript funding round, September 2019
15,000,000
September 18, 2019
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People

Name
Role
LinkedIn

Alan LaRotonda

Employee

Further reading

Title
Author
Link
Type
Date

Descript Inc - Company Profile and News

Web

Descript's new podcast editor includes an AI voice double for dubbing over mistakes

Nick Statt

Web

September 18, 2019

Introducing Descript - Descript - Medium

Andrew Mason

Web

December 12, 2017

Documentaries, videos and podcasts

Title
Date
Link

Descript Podcast Studio

Sep 17, 2019

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Nick Statt
September 18, 2019
The Verge
Descript is announcing a redesigned version of its audio editing software that's geared toward podcast producers. The product, officially called Descript Podcast Studio, features simultaneous and collaborative multitrack editing that treats audio like text. It also comes with an all-new unique AI tool called Overdub that creates an AI voice double for correcting your mistakes.
Ingrid Lunden
September 18, 2019
TechCrunch
The boom in popularity for podcasting has given a new voice to the world of spoken word content that had been largely left for dead with the decline of broadcast radio. Now riding the wave of that growth, a startup called Descript that's building tools to make the art of creating podcasts -- or any [...]

References

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