ElevenLabs raises $80M after releasing AI voice innovation – Interesting Engineering

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ElevenLabs, the pioneering voice technology research company, has successfully raised an impressive $80 million in a Series B funding round. This strategic investment, co-led by Andreessen Horowitz, Nat Friedman, and Daniel Gross, along with the support of Sequoia Capital, Smash Capital, SV Angel, BroadLight Capital, and Credo Ventures, positions ElevenLabs as a global leader in voice AI research and product development.

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ElevenLabs has been at the forefront of natural speech synthesis, enabling users to create AI voices across many languages and accents with an unprecedented range of emotions and intonations.

Since its public launch, the company has empowered users to generate over 100 years of audio content, growing from a team of 5 to 40 employees and garnering adoption by employees at 41 percent of Fortune 500 companies.

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