ElevenLabs
Providing an online text-to-speech AI voice generator to instantly create natural AI voices in any language.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | N/A | - | |
* | $2.0m Valuation: $100m | Seed | |
* | $19.0m | Series A | |
* | $80.0m Valuation: $1.1b | Series B | |
* | N/A | Support Program | |
* | $180m Valuation: $3.3b | Series C | |
| Total Funding | $281m | ||
| USD | 2023 | 2024 |
|---|---|---|
| Revenues | 0000 | 0000 |
| % growth | - | 300 % |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Company filings or news article
Related Content
Eleven Labs is a pioneering startup in the field of artificial intelligence (AI) focused on voice technology. The company has developed a unique platform that allows users to generate long-format speech in any voice and any language. This technology is particularly beneficial for creators and publishers who are looking to enhance their storytelling capabilities with natural and compelling voices.
The primary market for Eleven Labs includes content creators, publishers, and businesses involved in media production. These clients use the platform to create audiobooks, podcasts, voiceovers for videos, and other forms of long-format audio content. By offering a versatile and high-quality voice generation tool, Eleven Labs addresses the growing demand for personalized and engaging audio experiences.
Eleven Labs operates in the AI and voice technology market, which is rapidly expanding as more industries recognize the value of integrating advanced voice solutions into their products and services. The company's business model is likely subscription-based, where clients pay a recurring fee to access the platform's features and capabilities. This model ensures a steady stream of revenue while allowing clients to scale their usage according to their needs.
Revenue generation for Eleven Labs comes from these subscription fees, and potentially from licensing its technology to other companies that wish to integrate advanced voice capabilities into their own platforms. By continuously improving its AI algorithms and expanding its language and voice options, Eleven Labs aims to maintain a competitive edge in the market.
In summary, Eleven Labs is revolutionizing the way long-format speech is generated, providing a valuable tool for content creators and publishers. Its innovative use of AI to produce natural-sounding voices in multiple languages positions it well in the growing voice technology market.
Keywords: AI, voice technology, long-format speech, content creators, publishers, storytelling, audiobooks, podcasts, subscription model, media production.
