AI BriefingSeries C Funding Secured
Key point
ElevenLabs has secured $180 million in Series C funding to advance its AI audio technology.
Details
AI audio technology company ElevenLabs has successfully secured $180 million in Series C funding. This round brought the company's valuation to $3.3 billion, a 3x increase year-over-year, and total funding raised now stands at $281 million.
Over the past 2 years, ElevenLabs users have generated a total of 1,000 years worth of audio content, and more than 60% of Fortune 500 companies currently use their tools.
The funding will be focused on research into more expressive and controllable Voice AI, expanding tools for developers and enterprises globally, and strengthening AI safety.
ElevenLabs is expanding the audio AI space through the following innovative product lineup:
- Conversational AI: Tools for building custom voice agents
- Voice Design: Custom voice generation through text descriptions
- Sound Effects Model: Text-based sound effect generation model
- Flash Model: Ultra-fast voice model with 75ms low latency
- Dubbing Studio: Multilingual localization tool that preserves the original voice
Global tech companies such as NVIDIA, Perplexity, and Synthesia currently use ElevenLabs' technology as key partners and users.
This summary was generated automatically by AI. Check the original for the author's claims and context. Copyright belongs to the original author.
Our guide explains how the AI works. Report summary errors, attribution issues, or removal requests via Contact.
Related
UMG Partners with ElevenLabs to Launch AI Music PlatformComfy Launches Comfy Router: A Unified API for Frontier Media Models