ElevenLabs Raises $19M and Launches Voice Detection Tool

Date:

ElevenLabs, a platform that uses AI technology to generate synthetic voices, has raised $19m in a round co-led by Nat Friedman and Daniel Gross. Participants included Andreessen Horowitz, Creator Ventures, SV Angel, Instagram co-founder Mike Krieger, Oculus co-founder Brendan Iribe, Deepmind, Inflection AI co-founder Mustafa Suleyman and O’Reilly Media founder Tim O’Reilly. The Series A funding will enable the start-up to continue to grow its voice AI research hub and to develop new products for sectors including publishing, gaming, entertainment and conversational apps. The funding puts ElevenLabs’ value at $99m post-money.

See also  OpenAI Launches GPT Store: Monetize Your Custom GPT and Access Diverse AI Chatbots

Frequently Asked Questions (FAQs) Related to the Above News

What is ElevenLabs?

ElevenLabs is a platform that uses AI technology to generate synthetic voices.

How much funding did ElevenLabs raise in its most recent financing round?

ElevenLabs raised $19 million in a round co-led by Nat Friedman and Daniel Gross.

Who were the participants in ElevenLabs' financing round?

Participants in ElevenLabs' financing round included Andreessen Horowitz, Creator Ventures, SV Angel, Instagram co-founder Mike Krieger, Oculus co-founder Brendan Iribe, Deepmind, Inflection AI co-founder Mustafa Suleyman and O'Reilly Media founder Tim O'Reilly.

What will the Series A funding enable ElevenLabs to do?

The Series A funding will enable ElevenLabs to continue to grow its voice AI research hub and to develop new products for sectors including publishing, gaming, entertainment and conversational apps.

What is ElevenLabs' post-money valuation after the financing round?

ElevenLabs' post-money valuation is $99 million.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

Share post:

Subscribe

Popular

More like this
Related

Obama’s Techno-Optimism Shifts as Democrats Navigate Changing Tech Landscape

Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?

Tech Evolution: From Obama’s Optimism to Harris’s Vision

Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?

Tonix Pharmaceuticals TNXP Shares Fall 14.61% After Q2 Earnings Report

Tonix Pharmaceuticals TNXP shares decline 14.61% post-Q2 earnings report. Evaluate investment strategy based on company updates and market dynamics.

The Future of Good Jobs: Why College Degrees are Essential through 2031

Discover the future of good jobs through 2031 and why college degrees are essential. Learn more about job projections and AI's influence.