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  Government Urged to Establish Task Force for AI Impact Study

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

Apple Inc. AI Stocks Rank 6th on Analyst List, With High Growth Potential

Apple Inc. AI Stocks ranked 6th with high growth potential, experts bullish on tech giant's AI capabilities amidst market shifts.

Anthropic Launches Advanced Claude AI Chatbot for Android Users, Revolutionizing Conversations and Document Analysis

Anthropic's Claude AI Chatbot for Android offers advanced features for seamless conversations and document analysis, revolutionizing user experience.

ChatGPT Plus: Is it Worth the Investment for Advanced Content Generation?

Discover if ChatGPT Plus is worth the investment for advanced content generation. Compare features and benefits for improved AI language model.

Tech Giants Invest Billions in Aragon’s Renewable Cloud Centers

Tech giants invest billions in Aragon's renewable cloud centers, making it Europe's leading hub for cloud storage. Don't miss out on this cutting-edge development!