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ElevenLabs Raises $180M, Valuation Soars to $3.3B

1/30/2025

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Summary

Story summary

ElevenLabs has secured a remarkable $180 million in Series C funding, catapulting its valuation to $3.3 billion. With backing from Andreessen Horowitz and ICONIQ Growth, the company is set to enhance its innovative AI audio tools and broaden its global reach, all while prioritizing ethical practices in AI-generated audio safety.

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Story summary

ElevenLabs has secured a remarkable $180 million in Series C funding, catapulting its valuation to $3.3 billion. With backing from Andreessen Horowitz and ICONIQ Growth, the company is set to enhance its innovative AI audio tools and broaden its global reach, all while prioritizing ethical practices in AI-generated audio safety.