ElevenLabs Secures $281M Funding to Spearhead the AI Audio Revolution

ElevenLabs, a pioneering AI Audio research and deployment company, is thrilled to announce a landmark funding achievement of $281,000,000. This significant infusion of capital not only reinforces the market’s confidence in our cutting-edge technology but also boosts our mission to redefine how audio content is produced and consumed. At ElevenLabs, our world-class research team relentlessly develops AI audio models that generate realistic, versatile, and contextually aware speech and sound effects. These models are enabling unprecedented innovation across various sectors—from voicing audiobooks and news articles to animating video game characters and streamlining film pre-production processes. With this new investment, our product team is eager to further democratize access to our technology, making it even more efficient for everyday users, prosumers, and businesses alike. The funding will support the expansion of our research initiatives, the enhancement of our product suite, and the establishment of new partnerships across multiple industries. We are excited to channel these resources into advancing our capabilities in content localization for entertainment, creating dynamic audio content for social media and advertising, and training medical professionals through immersive audio tools. Moreover, our commitment to social impact remains unwavering, as we continue to help give back voices to those who have lost them and support individuals with accessibility needs in their daily lives. This funding milestone marks a new chapter in our journey at ElevenLabs, setting the stage for groundbreaking advancements in AI audio technology. For more detailed information about our technologies and vision, please visit www.elevenlabs.io.