Descript Revenue, Growth & Competitor Profile

DBA DESCRIPT INC

Company Profile & Annual Report for Descript

Access the complete profile.

Descript Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	10 - 100Exact Company Size
Primary Industry	54193 Translation & Interpretation Services
Address	385 Grove St San Francisco, CA 94102

Note: Revenues for privately held companies are statistical evaluations.


Descript's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Descript's annual revenues are $10 - $100 million (see exact revenue data)
• What industry is the company in?
  • Descript is classified as operating in the Translation & Interpretation Services industry, NAICS Code 54193.

Descript Annual Revenue and Growth Rate

Descript	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$10 - $100 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Descript's revenues are gauged from an analysis of company filings.

Descript's Income Statement (based on Industry Averages)

Descript P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Investor Activity

Descript has actively raised capital from investors. These investors may include private investors, venture capital firms, or other investment vehicles.

Date	Investors	Percent Raised	Target Size
July 13, 2023	14	100%	$54 MM
Complete list of funding rounds and total amounts in the Company Report

Trademark Applications

Trademark applications show the products and services that Descript is developing and marketing. Descript doesn't have any recent trademark applications, indicating Descript is focusing on its existing business rather than expanding into new products and markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
DESCRIPT Audio recording and production services, namely, making podcasts and other audio content; providing a website featuring blogs in the field of podcasting, podcasting creation, and audio production	03/16/2020
PATIENT PLAYBACK Computer software platforms, downloadable, for speech transcription	06/05/2018

See all trademarks and details in the Full Report.

Market Share of Descript's Largest Competitors

A competitive analysis shows these companies are in the same general field as Descript, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
SORENSON HOLDINGS	Salt Lake City, UT	100
SORENSON COMMUNICATIONS	Salt Lake City, UT	46
LANGUAGE LINE	Monterey, CA	25
TRANSPERFECT TRANSLATIONS INTERNATIONAL	New York, NY	15
PURPLE COMMUNICATIONS	Austin, TX	11
CYRACOM INTERNATIONAL	Tucson, AZ	10
METROPOLITAN INTERPRETERS & TRANSLATORS	New York, NY	8
SOS INTERNATIONAL	Reston, VA	7
ON LINE INTERPRETERS	Monterey, CA	5

Nearby Competitors

These companies are similar in business line and location to Descript. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
SAN FRANCISCO SPCA	San Francisco, CA	100
DESCRIPT	San Francisco, CA	56
FUZZY PET HEALTH	San Francisco, CA	53
SPRIG TECHNOLOGIES	San Francisco, CA	33
MISSION PET HOSPITAL A VETERINARY	San Francisco, CA	24
VENGA GLOBAL	San Francisco, CA	23

Future Competition: Descript's Fastest Growing Competitors

These companies are in the same general field as Descript and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)