Company
Date Published
Author
Mati Staniszewski
Word count
1386
Language
English
Hacker News points
None

Summary

ElevenLabs has secured $180 million in Series C funding, led by a16z and ICONIQ Growth, to advance its AI audio technology, positioning voice as a central medium for digital interaction. This funding, which triples the company's valuation to $3.3 billion, will support the expansion of its research into more expressive voice AI, tool development for global scalability, and AI safety enhancements. Since its inception in 2022, ElevenLabs has rapidly grown its user base and product line, including tools for conversational AI, voice design, and multilingual dubbing, with adoption by over 60% of Fortune 500 companies. The company has generated 1,000 years of audio content, and its commitment to innovation is reflected in its partnerships with major enterprises and strategic expansion into regions like Poland and India. ElevenLabs aims to build the most comprehensive audio AI platform globally, focusing on making digital interactions seamless and expressive while ensuring accessibility across languages and dialects.