Descript Stock

descript.comConsumer & Lifestyle / MediaFounded: 2017Funding to Date: $102.62MM

Descript makes it faster, easier, and more fun to create content and allows bloggers, podcasters, and businesses to record and edit multitrack videos with titles, transitions, image and video overlays, animations, and more.

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Descript Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Descript Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
11/15/2022 Series C $50.7MM $xx.xx $543.78MM Andreessen Horowitz, Daniel Gross, OpenAI, Redpoint Ventures, Spark Capital
Price per Share
$xx.xx
Shares Outstanding
3,312,618
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Daniel Gross, OpenAI, Redpoint Ventures, Spark Capital
01/12/2021 Series B $30.41MM $xx.xx $277.7MM Andreessen Horowitz, Nabeel Hyatt, Redpoint Ventures, Spark Capital
Price per Share
$xx.xx
Shares Outstanding
3,350,629
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Nabeel Hyatt, Redpoint Ventures, Spark Capital
09/18/2019 Series A $16.4MM $xx.xx $60.67MM Andreessen Horowitz, Redpoint Ventures
Price per Share
$xx.xx
Shares Outstanding
6,307,463
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz, Redpoint Ventures
12/12/2017 Series Seed $5.1MM $xx.xx $25.5MM Andreessen Horowitz
Price per Share
$xx.xx
Shares Outstanding
3,023,899
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andreessen Horowitz

Descript stock FAQs

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Can you buy Descript stock?

As Descript is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Descript, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Descript stock?

To invest in a private company like Descript through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Descript stock?

Yes, you may sell the Descript stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Descript stock?

If you hold private company shares of Descript – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Descript on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Descript a public company?

No, Descript is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Descript’s stock price?

Descript is a privately held company and therefore does not have a public stock price. However, you may access Descript private market stock price with Forge Data.
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What is Descript’s stock ticker symbol?

Descript does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Descript News and Media Highlights

Descript Introduces Groundbreaking AI Features for Enhanced Audio and Video Editing

Descript, a leader in integrating AI into practical applications, has announced a series of new AI features aimed at improving audio and video editing. The features, which will be released incrementally over the coming weeks, include an upgraded AI voice tool, a chapter generator, a summarizer, a social post writer, and a versatile tool that offers writing tips and title suggestions. These tools are expected to enhance content creation for small businesses and content creators by saving time and effort.

7 Game-changing Startups in OpenAI’s Investment Portfolio

OpenAI, the artificial intelligence research lab, has invested in seven startups through its OpenAI Startup Fund, which was launched with plans to invest $100 million in AI startups. The companies, which operate in sectors including robotics, legal, and education, have collectively raised hundreds of millions of dollars. OpenAI CEO Sam Altman has committed to further investments in startups around the world to boost AI development.

Podcast Startup Descript Makes Recording Addition To Their Squad

Descript, a service that enables users to edit podcasts and video through text, has acquired remote recording company SquadCast. This will provide Descript users with the capability to record multiple online participants, test sound levels and back up recordings in the cloud. The terms of the acquisition were not disclosed.
Browse Insights
Updated on: Dec 21, 2024

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