Elevenlabs Funding Fuels Innovation at Scale

Elevenlabs secured $1.5 million in funding to accelerate its audio technology development. This investment will help the company scale its operations and bring its innovative products to market faster.

The funding will be used to expand Elevenlabs' team and enhance its audio processing capabilities. This will enable the company to produce high-quality audio products that meet the growing demands of the market.

Elevenlabs' audio technology is designed to be flexible and adaptable, allowing it to be integrated into various devices and platforms. This flexibility is a key factor in the company's success and growth potential.

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Eleven Labs has secured funding through several rounds, with the most recent being a Series C round in January 2025.

The Series C round raised $180M, led by ICONIQ Growth, with possible participation from Andreessen Horowitz.

Eleven Labs' valuation was set between $3-3.3 billion after the Series C round.

In addition to the Series C round, Eleven Labs also secured funding through a Series B round in January 2024, which raised $80M.

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Here are the details of Eleven Labs' funding rounds:

ElevenLabs has pioneered solutions to bridge the gap between traditional TTS and natural digital interactions.

In just two months since launching their Conversational AI tool, developers have built over 250,000 conversational AI agents using their technology.

The company's impact extends across industries – their platform has enabled the localisation of more than 1 million hours of audio content.

ElevenLabs has refined its voice AI models and introduced new products like Conversational AI, enabling real-time, natural speech for AI agents.

The company has grown from 30 to 120 employees in the past year, with its main hubs in London, New York, and Warsaw.

Since launching its platform in January 2023, ElevenLabs has collectively generated over 10 million sound effects.

Their platform has converted 1 million hours of written content to speech through ElevenReader.

ElevenLabs has generated over 10 million sound effects since launching its platform in January 2023.

The company has enabled the localisation of more than 1 million hours of audio content through their platform.

ElevenLabs' AI audio space research has led to the development of AI-powered dubbing in 32 languages.

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Leading teams are unlocking Conversational AI with an ElevenLabs Grant.

ElevenLabs Grants are powering teams to build, launch, and scale faster.

Real examples of teams are leveraging these grants to unlock Conversational AI.

Teams are using ElevenLabs Grants to build and launch Conversational AI projects.

These projects are being powered by ElevenLabs Grant funding.

ElevenLabs is on a mission to build the most comprehensive audio AI platform in the world. They aim to solve AI audio intelligence and make information accessible in any voice, language, and sound.

The company is focusing on advancing their conversational AI capabilities, expanding mobile offerings, and ensuring their technology serves all languages, accents, and dialects worldwide. This is a crucial step towards making digital interactions as natural and effortless as conversation.

Mati Staniszewski, the CEO, is excited about the future of AI voice technology, and rightly so – speech is how we naturally communicate. This funding will accelerate ElevenLabs' research into more expressive and controllable voice AI.

The team is working hard to make digital interactions happen by voice, and they're making progress. With this funding, they'll be able to expand their tools for developers and businesses globally.

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