Descript

One of its most newsworthy features is its transcription to audio editing software. Users can edit the AI generated transcription in text format, which is then reflected in the audio itself, and in the speaker's “natural" voice. Founded by Groupon founder and former CEO Andrew Mason in 2017, the company has experienced fast growth, and has already been used across the industry by outlets like the BBC, NPR, VICE, The Washington Post and The New York Times.

The company’s early success and future potential have been underlined in the form of substantial funding. The podcasting industry alone (which encompasses both video and audio) accounted for $22 billion. Descript, which continues to add intelligent and quality-shifting features, is well-positioned to capture this lucrative and growing market.