ElevenLabs
ElevenLabs is an AI Audio research and deployment company. Our research team develops AI Audio models that generate realistic, versatile and contextually-aware speech and sound effects. Our product team makes these models accessible for everyday users, prosumers, and businesses to create & localize content. Our technology is used to voice audiobooks and news articles, animate video game characters, help in film pre-production, automate localization processes in entertainment, create dynamic audio content for social media and advertising, and train medical professionals. It has also given back voices to those who have lost them and helped individuals with accessibility needs in their daily lives. For more information, visit www.elevenlabs.io
ElevenLabs
ElevenLabs is an AI Audio research and deployment company. Our research team develops AI Audio models that generate realistic, versatile and contextually-aware speech and sound effects. Our product team makes these models accessible for everyday users, prosumers, and businesses to create & localize content. Our technology is used to voice audiobooks and news articles, animate video game characters, help in film pre-production, automate localization processes in entertainment, create dynamic audio content for social media and advertising, and train medical professionals. It has also given back voices to those who have lost them and helped individuals with accessibility needs in their daily lives. For more information, visit www.elevenlabs.io
TL;DR
Founded: 2022
Core focus: Generative audio: text-to-speech, voice cloning, dubbing, sound effects, and voice agents
Total funding (reported): $781,000,000+
Recent round: $500M led by Sequoia (reported valuation $11B)
Founders / leadership: Mateusz (Mati) Staniszewski (Co-founder & CEO) and Piotr Dąbkowski (Co-founder, research lead)
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Company Overview
Problem Domain
Generative AI for audio (speech synthesis, voice cloning, audio generation and dubbing)
Founded
2022
Industry
Artificial Intelligence / Audio
Funding Track Record
$2,000,000
Included individual angel investors (company announcement)
$19,000,000
Company announcement listed co-leads and participation from other VCs and angels
$80,000,000
Reported to have driven the company to >$1B valuation (unicorn status reported)
$180,000,000
Reported post-money valuation: $3.3B
$500,000,000
Reported valuation: $11B; existing investors participated
$100,000,000
Tender offer executed at a reported $6.6B valuation (company announcement)
Investor Signal
“Backed by major venture investors including Sequoia Capital, Andreessen Horowitz (a16z), ICONIQ Growth, Nat Friedman and Daniel Gross”