2 years ago

ElevenLabs Secures Unicorn Status with $80m Series B Round

  • London-based AI text-to-speech company ElevenLabs has secured unicorn status with an $80m Series B round, valuing the company at over $1bn

  • The company plans to use the funding to develop new products, including a dubbing studio and a voice library.

      • ProblemTechnology

      "Creating realistic and versatile AI-generated speech that can be used across various applications is challenging."

      Solution

      "ElevenLabs offers AI-powered text-to-speech software that generates natural-sounding voices in multiple languages and accents, enabling users to create high-quality audio content for entertainment, education, and other purposes."

      Covered on